Flex Space
For Sale
Contact for pricing
18350 PAULSON DR -BLDG D - 1 PORT CHARLOTTE FL 33954, Port Charlotte, FL 33954
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 Market172
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
Stories
1
Units
1
Listing Agency:
Mapp Realty & Investment Co
Listed By:
Tim & Paula Mapp · License #FL 0376472
Source:
Crexi
Added: May 5
Changed: Oct 6
Last Checked: Oct 23 at 4:38AM
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
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 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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,832
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$176,640
$176.6K
Cap Rate 7%
$126,171
$126.2K
Cap Rate 9%
$98,133
$98.1K
Market Conditions
NOI Build-Up for 990 SF
Gross rent
$14.9K $15.00/SF
− Vacancy
−$1.3K −$1.28/SF
EGI
$13.6K $13.73/SF
− OpEx
−$4.8K −$4.80/SF
NOI
$8.8K $8.92/SF
Area
Charlotte County, FL
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$176,640
Cap Rate 7%
$126,171
Cap Rate 9%
$98,133
Alternative Uses
Best Use
Flex RnD
$126.2K
$110.4K – $147.2K
NOI $8,832 @ 7.0% cap · market cap 4.53%
Second Best
Industrial
$109.3K
$95.6K – $127.5K
NOI $7,651 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$324.2K
$283.6K – $378.2K
NOI $22,691 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Under-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
Frequently Asked Questions
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
