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    17880 TOLEDO BLADE BOULEVARD, Port Charlotte, FL 33948

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    For Sale
    $949,500

    Commercial building with flexible zoning and high traffic count.

    Type:Commercial/Industrial
    Property size:
    4,524 SF
    Lot size:
    0.74 Acres
    Price / SF:
    $209/SF
    Added:
    Mar 12, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 6 at 1:59 am

    Property Features for 17880 TOLEDO BLADE BOULEVARD

    General Information

    Standard status
    Active
    Size
    4,524 SF
    Lot size
    0.74 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    2005

    We can help!

    Listing Contact
    Kayla Weiss-Bohnstedt
    Kayla Weiss-Bohnstedt

    Listing agent Kayla Weiss-Bohnstedt License #3370154

    Listing office COLDWELL BANKER REALTY

    Listing date Mar 12, 2026

    Source Exitrealty

    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 COLDWELL BANKER REALTY

    HighLights

    • New roof installed 9/5/2024.
    • 4,524 SF commercial building on 32,531 SF of land.
    • Zoned OMI (Office, Medical, Institutional) allowing for many uses.
    • High traffic location: 19,400 Annual Average Daily Traffic Count.
    • Built in 2005.
    • Building can be divided into up to 3 units.

    Overview

    A free-standing commercial building constructed in 2005 is available for purchase. The building has a total area of 4,524 square feet and is situated on three lots totaling 32,531 square feet of land. The property is currently configured as two units, with the potential to be divided into three units. Zoned OMI (Office, Medical, Institutional), the property allows for a variety of potential uses. A new roof was installed on 9/5/2024. The average annual daily traffic count is 19,400 (AADT). The sale includes three lots: the lot on which the building is situated, the parking lot, and a lot behind the property backing up to Castlerock Lane.

    Financial Insights

    Value Estimation Calculated for Healthcare Medical

    Conservative
    $702.9K
    NOI $63,261 @ 9.00% cap · cautious / downside scenario
    Moderate
    $903.7K
    NOI $63,261 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.27M
    NOI $63,261 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    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.
         Calculated for Healthcare Medical

    Component $ $/SF
    Gross rent $117.8k $26.04
    − Vacancy −$12.4k −$2.73
    EGI $105.4k $23.31
    − OpEx −$42.2k −$9.32
    NOI $63.3k $13.98
    4,524 SF · lease $26.04/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Use Scenarios

    Best Use
    Healthcare Medical
    $903.7K
    $790.8K – $1.05M (±1% cap)
    NOI $63,261 @ 7.0% cap · market cap 6.66%
    Second Best
    Office B
    $799.9K
    $699.9K – $933.2K (±1% cap)
    NOI $55,993 @ 7.0% cap · market cap 5.90%
    Theoretical Best
    Office A
    $1.48M
    $1.30M – $1.73M (±1% cap)
    NOI $103,690 @ 7.0% cap · market cap 10.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RealTimeDesigner Marketing & Advertising Stickerz Corporate Office Sublimation Shops Consultant Magnet King Industrial Manufacturer Igoodz Inc Big Box & Wholesale Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Charlotte
    County
    Charlotte
    State
    Florida
    Longitude
    -82.1583
    Latitude
    27.0037

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    FAQs

    What type of property is this?
    Office building - Commercial building with flexible zoning and high traffic count.
    Where is this office building located?
    The property is located at 17880 TOLEDO BLADE BOULEVARD Port Charlotte, FL.
    What is the asking price?
    The asking price for this property is $949,500.
    What are key features of this property?
    This property features: New roof installed 9/5/2024.; 4,524 SF commercial building on 32,531 SF of land.; Zoned OMI (Office, Medical, Institutional) allowing for many uses.
    (941) 639-0090
    We can help!
    Listing Contact
    Kayla Weiss-Bohnstedt
    Kayla Weiss-Bohnstedt
    Real Estate License ID: 3370154
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    17880 TOLEDO BLADE BOULEVARD, PORT CHARLOTTE, FL 33948
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