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Flex Space Unit

18350 PAULSON DR -BLDG D - 1 PORT CHARLOTTE FL 33954 Port Charlotte, FL 33954

18350 PAULSON DR -BLDG D - 1 PORT CHARLOTTE FL 33954, Port Charlotte, FL, 33954
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For Sale
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Flex space unit in Building D, offered for sale and ready to transfer from long-term local ownership.

Property Size990 SF
Price / SF$196.97
Days on Market80

Property Features for 18350 PAULSON DR -BLDG D - 1 PORT CHARLOTTE FL 33954

General Information

Standard status
Active
Size
990 SF
Property subtype
Office, Industrial

Building Details

Year Built
1990
Listing agency Mapp Realty & Investment Co
Listed by Tim & Paula Mapp · License #FL 0376472
Source Crexi
Added: May 5 Updated: Jul 20 at 5:28PM Checked: Jul 22 at 1:40PM

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 Mapp Realty & Investment Co


Investment Insights

Based on property information with market context.

This flex space unit is located in Building D and is offered for sale. The property is listed with a size of 990 and is categorized as flexible commercial space within a broader set of warehouse and office unit classifications.

According to the seller’s remarks, the property has been locally owned for 26 years and is ready to sell. For buyers and tenants seeking a compact, multi-purpose setup, this unit represents a straightforward opportunity to acquire a single flex space within the building.

The listing information reflects a for-sale transaction and does not specify additional upgrades, tenant improvements, or unit-specific features beyond the flex space designation and Building D location.

Key Highlights

  • Flex space unit in Building D, offered for sale and ready to transfer
  • Year built: 1990

Local Financial Insights For Office B

Simulate Cap Rate and NOI

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.

Component $ $/SF
Gross rent $21.4k $21.60
− Vacancy −$5.0k −$5.10
EGI $16.3k $16.50
− OpEx −$4.1k −$4.13
NOI $12.3k $12.38
990 SF · lease $21.60/SF/yr · vacancy 23.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$175.0K
$153.2K – $204.2K (±1% cap)
NOI $12,253 @ 7.0% cap · market cap 6.28%
Second Best
Warehouse
$132.7K
$116.1K – $154.8K (±1% cap)
NOI $9,290 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$324.2K
$283.6K – $378.2K (±1% cap)
NOI $22,691 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Law Firm Big Box & Wholesale Store Restaurant Accounting Firm Storage Facility Furniture & Home Goods Cafe & Coffee Shop Electrical Service (Bike/Boat/Book/etc) Store Hair Salon

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

FAQs

What type of property is this?
Flex space - Flex space unit in Building D, offered for sale and ready to transfer from long-term local ownership.
Where is this flex space located?
The property is located at 18350 PAULSON DR -BLDG D - 1 PORT CHARLOTTE FL 33954 Port Charlotte, FL.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Flex space unit in Building D, offered for sale and ready to transfer; Year built: 1990
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