Corner Lot Office/Retail
For Sale
$650,000
23263 Harborview Rd, Port Charlotte, FL 33980
Office/retail space with parking and frontage road access.
Property Size3,440 SF
Price / SF$188.95
Days on Market214
Property Features for 23263 Harborview Rd
General Information
Standard status
Active
Size
3,440 SF
Building Details
Year Built
1969
Listing Agency:
KW PEACE RIVER PARTNERS
Listed By:
Danny Nix · License #3307013
(941) 724-0080
Source:
Whitesandsfl
Added: Mar 10
Changed: Oct 1
Last Checked: Oct 7 at 3:45PM
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 KW PEACE RIVER PARTNERS
Investment Insights
Based on property information with market context.
This property features office and retail space situated on a corner lot. The open floor plan includes four offices and a restroom. Additionally, the building offers two garages or storage areas. The property benefits from its location on the corner of Harborview Road and Pinnacle Street, providing frontage road access. Its proximity to US41 and I-75 enhances accessibility. The property offers great parking.
Key Highlights
- High‑visibility corner lot location.
- Excellent parking and frontage road access.
- Close proximity to US41 and I‑75.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,576
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$851,520
$851.5K
Cap Rate 7%
$608,229
$608.2K
Cap Rate 9%
$473,067
$473.1K
Market Conditions
NOI Build-Up for 3,440 SF
Gross rent
$74.3K $21.60/SF
− Vacancy
−$17.5K −$5.10/SF
EGI
$56.8K $16.50/SF
− OpEx
−$14.2K −$4.13/SF
NOI
$42.6K $12.38/SF
Area
Charlotte County, FL
Vacancy
23.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$851,520
Cap Rate 7%
$608,229
Cap Rate 9%
$473,067
Alternative Uses
Best Use
Retail
$874.2K
$764.9K – $1.02M
NOI $61,194 @ 7.0% cap · market cap 9.41%
Second Best
Office B
$608.2K
$532.2K – $709.6K
NOI $42,576 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$1.13M
$985.6K – $1.31M
NOI $78,845 @ 7.0% cap · market cap 12.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
634
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Office/retail space with parking and frontage road access.
Where is this office units located?
The property is located at 23263 Harborview Rd Port Charlotte, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: High‑visibility corner lot location.; Excellent parking and frontage road access.; Close proximity to US41 and I‑75.
