Free-Standing Commercial Building For
For Sale
$791,000
17880 Toledo Blade Boulevard, Port Charlotte, FL 33948
Commercial building on Toledo Blade Blvd with flexible zoning.
Property Size4,524 SF
Lot Size0.75 Acres
Price / SF$174.85
Days on Market225
Property Features for 17880 Toledo Blade Boulevard
General Information
Standard status
Active
Size
4,524 SF
Lot size
0.75 Acres
Building Details
Year Built
2005
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
Kayla Weiss-Bohnstedt · License #3370154
(941) 268-4423
Source:
Livewelltampabay
Added: Mar 11
Changed: Oct 1
Last Checked: Oct 7 at 2:16PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This free-standing commercial building, constructed in 2005, offers 4,524 square feet of space. The property is situated on three lots totaling 32,531 square feet. Currently configured as two units, the building has the potential to be divided into three units. Zoned OMI (Office, Medical, Institutional), the property accommodates a variety of uses. A new roof was installed on 9/5/2024. The annual average daily traffic count is 19,400 (AADT). The sale includes the lot the building occupies, the parking lot, and an additional lot behind the property that backs up to Castlerock Lane.
Key Highlights
- New roof installed 9/5/2024.
- 4,524 SF free‑standing commercial building.**
- 32,531 SF total land area across 3 lots.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,993
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,860
$1.1M
Cap Rate 7%
$799,900
$799.9K
Cap Rate 9%
$622,144
$622.1K
Market Conditions
NOI Build-Up for 4,524 SF
Gross rent
$97.7K $21.60/SF
− Vacancy
−$23.1K −$5.10/SF
EGI
$74.7K $16.50/SF
− OpEx
−$18.7K −$4.13/SF
NOI
$56.0K $12.38/SF
Area
Charlotte County, FL
Vacancy
23.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,860
Cap Rate 7%
$799,900
Cap Rate 9%
$622,144
Alternative Uses
Best Use
Office B
$799.9K
$699.9K – $933.2K
NOI $55,993 @ 7.0% cap · market cap 7.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,690 @ 7.0% cap · market cap 13.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
Explore this area
Business Placement
Demographics for 33948, FL
17,190
Population
9,297
Households
1.8
Avg Household Size
57
Median Age
20%
College-Educated
92%
High-School Grad
13.0 sq mi
ZIP Area
1,322
Density / Sq Mi
$60,788
Median Household Income
$33,979
Median Earnings
$1,384
Median Rent
$279,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Commercial building on Toledo Blade Blvd with flexible zoning.
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 $791,000.
What are key features of this property?
This property features: New roof installed 9/5/2024.; 4,524 SF free‑standing commercial building.**; 32,531 SF total land area across 3 lots.
