Multi-Unit Industrial
For Sale
$749,900
23064 Harborview Road O, Port Charlotte, FL 33980
IG-zoned warehouse configured for multiple commercial occupants and flexible owner-user use.
Property Size8,800 SF
Price / SF$85.22
Days on Market48
Property Features for 23064 Harborview Road O
General Information
Standard status
Active
Size
8,800 SF
Zoning
IG
Additional Details
Warehouse Space
8,800 SF
Building Details
Year Built
1973
Buildings
1
Building Size
8,800 SF
Listing Agency:
THOMAS RYAN REAL ESTATE MANAGE
Listed By:
Shannon Gadbois · License #274500493
(941) 833-4777
Source:
Exciterealtyflorida
Added: Sep 5
Changed: Oct 2
Last Checked: Oct 7 at 5:12PM
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 THOMAS RYAN REAL ESTATE MANAGE
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Investment Insights
Based on property information with market context.
This approximately 8,800-square-foot industrial warehouse was built in 1973 and is configured as seven individual units, including one double unit. The layout supports separate occupancy across multiple spaces, with two bathrooms serving the building. IG (Industrial General) zoning allows a range of industrial and commercial uses.
The property is positioned near the intersection of Kings Highway and Harborview Road, providing a visible setting with access from Harborview Road. Its multi-unit configuration accommodates owner-user occupancy, leasing to multiple businesses, or a combination of both.
The property is positioned near the intersection of Kings Highway and Harborview Road, providing a visible setting with access from Harborview Road. Its multi-unit configuration accommodates owner-user occupancy, leasing to multiple businesses, or a combination of both.
Key Highlights
- Approximately 8,800 square feet of industrial warehouse space
- Seven individual units, including one double unit
- IG (Industrial General) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,006
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,360,120
$1.4M
Cap Rate 7%
$971,514
$971.5K
Cap Rate 9%
$755,622
$755.6K
Market Conditions
NOI Build-Up for 8,800 SF
Gross rent
$105.6K $12.00/SF
− Vacancy
−$8.4K −$0.96/SF
EGI
$97.2K $11.04/SF
− OpEx
−$29.1K −$3.31/SF
NOI
$68.0K $7.73/SF
Area
Charlotte County, FL
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,360,120
Cap Rate 7%
$971,514
Cap Rate 9%
$755,622
Alternative Uses
Best Use
Warehouse
$1.18M
$1.03M – $1.38M
NOI $82,579 @ 7.0% cap · market cap 11.01%
Second Best
Flex RnD
$1.12M
$981.3K – $1.31M
NOI $78,507 @ 7.0% cap · market cap 10.47%
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,696 @ 7.0% cap · market cap 26.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
987
Businesses Nearby
Well-served
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Storage Sense - Port Charlotte — 23227 Freedom Ave, Port Charlotte, FL 33980
- Extra Space Storage — 4536 Tamiami Trl, Port Charlotte, FL 33980
- Extra Space Storage — 23215 Harbor View Rd, Punta Gorda, FL 33980
- Store at the yard — 23016 Harbor View Rd, Port Charlotte, FL 33980
- Curry Moving & Storage, Inc. — 4456 Tamiami Trl A9, Punta Gorda, FL 33980
Frequently Asked Questions
What type of property is this?
Warehouse - IG-zoned warehouse configured for multiple commercial occupants and flexible owner-user use.
Where is this warehouse located?
The property is located at 23064 Harborview Road O Port Charlotte, FL.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Approximately 8,800 square feet of industrial warehouse space; Seven individual units, including one double unit; IG (Industrial General) zoning
