Corner Warehouse
For Sale
$165,000
18350 PAULSON DR #D-1, Port Charlotte, FL 33954
An air-conditioned office connects directly to the warehouse, with separate access from the parking area.
Property Size990 SF
Price / SF$166.67
Days on Market196
Property Features for 18350 PAULSON DR #D-1
General Information
Standard status
Active
Size
990 SF
Property subtype
Warehouse
Zoning
IG
Additional Details
Road Access
Yes
Office Build-Out
121 SF
Property Use
Warehouse
Taxes and HOA fees
Annual Taxes
$1,988
Building Details
Building Size
990 SF
Year Built
1990
Listing Agency:
MAPP REALTY & INVESTMENT COMP.
Listed By:
Andy Lebo · License #3093552
(941) 235-2448
Source:
Homematchmakingrealty
Added: Apr 17
Changed: Oct 26
Last Checked: Oct 26 at 2:33PM
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.
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Investment Insights
Based on property information with market context.
This 990-square-foot warehouse unit includes an 11-by-11-foot air-conditioned office with tile flooring and two laminated-glass windows. A sliding-glass door connects the office to the warehouse, which has two ceiling fans, an overhead garage door with keypad opener, and a separate door to the parking area. A bathroom is located within the warehouse. The property was built in 1990 and is zoned IG for low-intensity industrial use.
Located on Paulson Drive, the property sits along a road connecting Veterans Boulevard and US 41. The monthly fee covers water and sewer, dumpster service, exterior building maintenance, and insurance.
Located on Paulson Drive, the property sits along a road connecting Veterans Boulevard and US 41. The monthly fee covers water and sewer, dumpster service, exterior building maintenance, and insurance.
Key Highlights
- 990‑square‑foot corner warehouse unit
- 11‑by‑11‑foot air‑conditioned office with tile flooring and two laminated‑glass windows
- Warehouse features two ceiling fans, an overhead garage door with keypad opener, and separate parking‑area access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,290
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - An air-conditioned office connects directly to the warehouse, with separate access from the parking area.
Where is this warehouse located?
The property is located at 18350 PAULSON DR #D-1 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: 990‑square‑foot corner warehouse unit; 11‑by‑11‑foot air‑conditioned office with tile flooring and two laminated‑glass windows; Warehouse features two ceiling fans, an overhead garage door with keypad opener, and separate parking‑area access
