Three-Unit Warehouse
For Sale
$900,000
23064 HARBORVIEW RD #A and B and C, Port Charlotte, FL 33980
Industrial General zoning, an overhead door, and on-site parking support the property’s warehouse configuration.
Property Size5,840 SF
Days on Market227
Property Features for 23064 HARBORVIEW RD #A and B and C
General Information
Standard status
Active
Size
5,840 SF
Property subtype
Warehouse
Zoning
IG
Taxes and HOA fees
Annual Taxes
$10,237
Building Details
Building Size
5,840 SF
Year Built
1962
Listing Agency:
RE/MAX ALLIANCE GROUP
Listed By:
Gerald Hayes · License #625093
(941) 456-1155
Source:
Nixandassociates
Added: Mar 20
Changed: Oct 31
Last Checked: Oct 30 at 7:23PM
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 RE/MAX ALLIANCE GROUP
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 three-unit warehouse property is currently used for warehousing, distribution terminals, trucking terminals, van storage, and storage warehousing. The back unit includes an overhead door, and the property has 15+ parking spaces. Built in 1962, the property is zoned IG (Industrial General).
The property is located on Harborview Road in Port Charlotte, in the Charlotte Harbor area, close to the intersection of Kings Highway and Harborview Road. Its location is also described as being in the heart of Port Charlotte.
The property is located on Harborview Road in Port Charlotte, in the Charlotte Harbor area, close to the intersection of Kings Highway and Harborview Road. Its location is also described as being in the heart of Port Charlotte.
Key Highlights
- Three units configured for warehousing, distribution terminals, trucking terminals, van storage, and storage warehousing
- IG (Industrial General) zoning
- Back unit includes an overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,803
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,060
$1.1M
Cap Rate 7%
$782,900
$782.9K
Cap Rate 9%
$608,922
$608.9K
Market Conditions
NOI Build-Up for 5,840 SF
Gross rent
$70.1K $12.00/SF
− Vacancy
−$5.6K −$0.96/SF
EGI
$64.5K $11.04/SF
− OpEx
−$9.7K −$1.66/SF
NOI
$54.8K $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%
$1,096,060
Cap Rate 7%
$782,900
Cap Rate 9%
$608,922
Alternative Uses
Best Use
Warehouse
$782.9K
$685.0K – $913.4K
NOI $54,803 @ 7.0% cap · market cap 6.09%
Second Best
Industrial
$644.7K
$564.2K – $752.2K
NOI $45,132 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,853 @ 7.0% cap · market cap 14.87%
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
70
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33980, FL
11,762
Population
8,108
Households
1.5
Avg Household Size
63
Median Age
21%
College-Educated
92%
High-School Grad
9.2 sq mi
ZIP Area
1,278
Density / Sq Mi
$61,871
Median Household Income
$33,365
Median Earnings
$1,216
Median Rent
$221,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial General zoning, an overhead door, and on-site parking support the property’s warehouse configuration.
Where is this warehouse located?
The property is located at 23064 HARBORVIEW RD #A and B and C Port Charlotte, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Three units configured for warehousing, distribution terminals, trucking terminals, van storage, and storage warehousing; IG (Industrial General) zoning; Back unit includes an overhead door
