Three-Unit Distribution
For Sale
$900,000
23064 Harborview Road A And B And C, Port Charlotte, FL 33980
Industrial facility with multiple warehouse units, IG zoning, an overhead door, and on-site parking.
Property Size5,840 SF
Price / SF$154.11
Days on Market107
Property Features for 23064 Harborview Road A And B And C
General Information
Standard status
Active
Size
5,840 SF
Building Details
Year Built
1962
Listing Agency:
RE/MAX ALLIANCE GROUP
Listed By:
Gerald Hayes · License #625093
(941) 456-1155
Source:
Livewelltampabay
Added: Jul 21
Changed: Oct 25
Last Checked: Oct 7 at 1:41PM
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
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Investment Insights
Based on property information with market context.
This 5,840-square-foot industrial property contains three units and was built in 1962. The existing configuration supports warehousing, distribution terminal, trucking terminal, and van and storage warehousing uses. An overhead door serves the rear unit, and the property includes 15+ parking spaces.
The site is positioned near the intersection of Kings Highway and Harborview Road in Port Charlotte, with visibility along Harborview Road. IG, or Industrial General, zoning provides the governing land-use designation for the property. The multi-unit layout can accommodate an owner-user or an investor seeking an industrial asset with established warehouse-oriented improvements.
The site is positioned near the intersection of Kings Highway and Harborview Road in Port Charlotte, with visibility along Harborview Road. IG, or Industrial General, zoning provides the governing land-use designation for the property. The multi-unit layout can accommodate an owner-user or an investor seeking an industrial asset with established warehouse-oriented improvements.
Key Highlights
- Three‑unit industrial property totaling 5840 square feet
- IG (Industrial General) zoning
- Rear 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.
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Current Use
Location Intelligence
Trade Area within ½ mile
987
Businesses Nearby
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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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Distribution center - Industrial facility with multiple warehouse units, IG zoning, an overhead door, and on-site parking.
Where is this distribution center located?
The property is located at 23064 Harborview Road 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‑unit industrial property totaling 5840 square feet; IG (Industrial General) zoning; Rear unit includes an overhead door
