Corner Industrial Warehouse
For Sale
$165,000
18350 Paulson Drive, Port Charlotte, FL 33954
Corner unit professional warehouse building with an 11' x 11' air-conditioned office and IG zoning for low intensity industrial use.
Property Size990 SF
Price / SF$166.67
Days on Market123
Property Features for 18350 Paulson Drive
General Information
Standard status
Active
Size
990 SF
Property subtype
Business Opportunities
Taxes and HOA fees
Annual Taxes
$1,989
Amenities
Window/Wall Unit
3
Building Details
Year Built
1990
Listing Agency:
MAPP REALTY & INVESTMENT COMP.
(941) 235-2448
Listed By:
Andy Lebo · License #3093552
Source:
Xome
Added: Apr 16
Changed: Aug 14
Last Checked: Aug 15 at 3:45AM
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 COMP.
Investment Insights
Based on property information with market context.
Professional warehouse building offered for sale as a corner unit. The space includes an 11' x 11' air-conditioned office, supporting light administrative use alongside warehouse operations.
The property is located at 18350 Paulson Drive, Unit D-1, Port Charlotte, FL 33954, and is zoned IG for low intensity industrial uses.
Designed as a warehouse facility with dedicated office space, this unit’s layout is suited to businesses that need an on-site, temperature-controlled office within an industrial setting.
The property is located at 18350 Paulson Drive, Unit D-1, Port Charlotte, FL 33954, and is zoned IG for low intensity industrial uses.
Designed as a warehouse facility with dedicated office space, this unit’s layout is suited to businesses that need an on-site, temperature-controlled office within an industrial setting.
Key Highlights
- Professional warehouse building in a corner unit on Paulson Drive
- 11' x 11' air‑conditioned office for on‑site work
- IG zoned for low intensity industrial use
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
$9,290
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
5.63%
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%
$185,800
$185.8K
Cap Rate 7%
$132,714
$132.7K
Cap Rate 9%
$103,222
$103.2K
Market Conditions
NOI Build-Up for 990 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
$11.9K $12.00/SF
− Vacancy
−$950 −$0.96/SF
EGI
$10.9K $11.04/SF
− OpEx
−$1.6K −$1.66/SF
NOI
$9.3K $9.38/SF
Area
Charlotte County, FL
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
15.00%
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%
$185,800
Cap Rate 7%
$132,714
Cap Rate 9%
$103,222
Alternative Uses
Best Use
Warehouse
$132.7K
$116.1K – $154.8K
NOI $9,290 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$324.2K
$283.6K – $378.2K
NOI $22,691 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,380
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33954, FL
11,040
Population
5,099
Households
2.2
Avg Household Size
52
Median Age
23%
College-Educated
92%
High-School Grad
8.6 sq mi
ZIP Area
1,284
Density / Sq Mi
$83,081
Median Household Income
$43,823
Median Earnings
$1,830
Median Rent
$304,000
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.
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- Extra Space Storage — 19750 Cochran Blvd, Port Charlotte, FL 33954
- 𝗣𝗼𝗿𝘁 𝗖𝗵𝗮𝗿𝗹𝗼𝘁𝘁𝗲 𝗠𝗼𝘃𝗲𝗿𝘀 - 𝗟𝗼𝗰𝗮𝗹 𝗠𝗼𝘃𝗶𝗻𝗴 𝗖𝗼𝗺𝗽𝗮𝗻𝘆 — 1441 Tamiami Trail #24, Port Charlotte, FL 33948
Frequently Asked Questions
What type of property is this?
Warehouse - Corner unit professional warehouse building with an 11' x 11' air-conditioned office and IG zoning for low intensity industrial use.
Where is this warehouse located?
The property is located at 18350 Paulson Drive Port Charlotte, FL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Professional warehouse building in a corner unit on Paulson Drive; 11' x 11' air‑conditioned office for on‑site work; IG zoned for low intensity industrial use
