Storefront Property with Outdoor
For Sale
$374,900
180 RIO VILLA DRIVE, Punta Gorda, FL 33950
Commercial Tourist zoning supports multiple stated business uses.
Property Size864 SF
Price / SF$433.91
Days on Market51
Property Features for 180 RIO VILLA DRIVE
General Information
Standard status
Active
Size
864 SF
Total Parking Spaces
13
Property subtype
Business
Zoning
Commercial Tourist
Additional Details
Road Access
Yes
Amenities
custom tile flooring
full bathroom
breakroom area
two entry/exit doors
Ring alarm system with cameras
circular driveway
ramp
large outdoor deck
Building Details
Year Built
1984
Buildings
1
Construction
block
Listing Agency:
HARBOR SUN REALTY
(941) 889-8721
Listed By:
Michelle Brisendine · License #3138895
(239) 649-1990
Source:
Dennisrealty
Added: Sep 2
Changed: Oct 21
Last Checked: Oct 20 at 9:42PM
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 HARBOR SUN REALTY
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Investment Insights
Based on property information with market context.
This 864-square-foot block-construction cottage offers a compact commercial layout with fresh interior paint, custom tile flooring, a full bathroom, and an established breakroom. The property includes two entry/exit doors, a ramp, and a large outdoor deck. Recent improvements include a 2022 metal roof, tankless water heater, and Ring alarm system with cameras.
Positioned at 180 Rio Villa Drive in Punta Gorda, the site provides approximately 253 feet of frontage along a well-traveled road. Thirteen dedicated parking spaces and a circular driveway support customer access. Commercial Tourist zoning allows stated uses that include restaurant, bar, retail, medical or general office, and animal boarding facilities. The sale includes the real estate and building only.
Positioned at 180 Rio Villa Drive in Punta Gorda, the site provides approximately 253 feet of frontage along a well-traveled road. Thirteen dedicated parking spaces and a circular driveway support customer access. Commercial Tourist zoning allows stated uses that include restaurant, bar, retail, medical or general office, and animal boarding facilities. The sale includes the real estate and building only.
Key Highlights
- 864‑square‑foot block‑construction cottage built in 1984
- Approximately 253 feet of frontage on a well‑traveled road
- Commercial Tourist zoning with stated restaurant, bar, retail, office, and animal boarding uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,370
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,400
$307.4K
Cap Rate 7%
$219,571
$219.6K
Cap Rate 9%
$170,778
$170.8K
Market Conditions
NOI Build-Up for 864 SF
Gross rent
$22.7K $26.28/SF
− Vacancy
−$749 −$0.87/SF
EGI
$22.0K $25.41/SF
− OpEx
−$6.6K −$7.62/SF
NOI
$15.4K $17.79/SF
Area
Charlotte County, FL
Vacancy
3.30%
Lease Rate
$26.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,400
Cap Rate 7%
$219,571
Cap Rate 9%
$170,778
Alternative Uses
Best Use
Retail
$219.6K
$192.1K – $256.2K
NOI $15,370 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$282.9K
$247.5K – $330.1K
NOI $19,803 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial Tourist zoning supports multiple stated business uses.
Where is this storefront property located?
The property is located at 180 RIO VILLA DRIVE Punta Gorda, FL.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: 864‑square‑foot block‑construction cottage built in 1984; Approximately 253 feet of frontage on a well‑traveled road; Commercial Tourist zoning with stated restaurant, bar, retail, office, and animal boarding uses
