Isles Coach Caves Storage
For Sale
$239,000
4017 TAYLOR ROAD D3or 6, Punta Gorda, FL 33950
Under construction storage condominiums suitable for various needs.
Property Size1,650 SF
Price / SF$144.85
Days on Market564
Property Features for 4017 TAYLOR ROAD D3or 6
General Information
Standard status
Active
Size
1,650 SF
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$7,712
Building Details
Year Built
2025
Listing Agency:
RE/MAX HARBOR REALTY
(941) 467-0093
Listed By:
Stephanie Tromble · License #3353523
(941) 467-0093
Source:
Exitrealty
Added: Feb 6, 2025
Changed: Aug 23
Last Checked: Aug 24 at 3:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX HARBOR REALTY
Investment Insights
Based on property information with market context.
Isles Coach Caves offers versatile storage condominiums currently under construction. These private condominiums cater to various needs, including RV, boat, or vehicle storage, workshop space, or personal hobbyist spaces. Building B has some units available for purchase. The current building phase focuses on buildings C and H, with each unit measuring 1650 square feet. Units C5 and C6 are available for reservation. Multiple size condominiums are for sale in each phase. Unit sizes include 1,320 square feet (24 x 55), 1,650 square feet (30 x 55, some with double drive-through doors), and 960 square feet (24 x 40). Highlights include an ice machine, air conditioning, LED lights, a fan, and plenty of outlets. Each unit features a 14-foot wide by 16-foot tall garage door with a commercial opener, an 18-foot ceiling height, and a personal door. The property includes a private gated entry with remote access, block condo separation walls, and a common restroom building. The location has a bike score of 60, indicating it is bikeable, and a walk score of 22, indicating car dependence.
Key Highlights
- Versatile storage condominium suitable for RVs, boats, vehicles, workshops, or hobbies.
- Multiple sizes available (960 SF, 1,320 SF, 1,650 SF) to fit various needs.
- Features include A/C, LED lighting, fan, ample outlets, and a 14' x 16' garage door with commercial opener.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,847
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$336,940
$336.9K
Cap Rate 7%
$240,671
$240.7K
Cap Rate 9%
$187,189
$187.2K
Market Conditions
NOI Build-Up for 1,650 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$25.7K $15.60/SF
− Vacancy
−$1.7K −$1.01/SF
EGI
$24.1K $14.59/SF
− OpEx
−$7.2K −$4.38/SF
NOI
$16.8K $10.21/SF
Area
Charlotte County, FL
Vacancy
6.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$336,940
Cap Rate 7%
$240,671
Cap Rate 9%
$187,189
Alternative Uses
Best Use
Self Storage
$240.7K
$210.6K – $280.8K
NOI $16,847 @ 7.0% cap · market cap 7.05%
Second Best
Industrial
$182.2K
$159.4K – $212.5K
NOI $12,751 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$540.3K
$472.7K – $630.3K
NOI $37,818 @ 7.0% cap · market cap 15.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
Explore this area
Business Placement
Demographics for 33950, FL
24,984
Population
16,748
Households
1.5
Avg Household Size
66
Median Age
36%
College-Educated
95%
High-School Grad
17.8 sq mi
ZIP Area
1,404
Density / Sq Mi
$74,484
Median Household Income
$46,032
Median Earnings
$1,192
Median Rent
$393,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - Under construction storage condominiums suitable for various needs.
Where is this self storage facility located?
The property is located at 4017 TAYLOR ROAD D3or 6 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Versatile storage condominium suitable for RVs, boats, vehicles, workshops, or hobbies.; Multiple sizes available (960 SF, 1,320 SF, 1,650 SF) to fit various needs.; Features include A/C, LED lighting, fan, ample outlets, and a **14' x 16' garage door with commercial opener.**
