Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Publix-Anchored Neighborhood Retail Center Title is generated by Realmo AI

    24123 Peachland Blvd, Punta Gorda, FL 33980

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail space in a well-established, high-traffic shopping center.

    Type:Retail
    Added:
    Aug 18, 2021
    Days on Market:
    1753
    Last Refresh:
    May 12 at 8:08 pm

    Property Features for 24123 Peachland Blvd

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1991

    Spaces For Lease

    at 24123 Peachland Blvd Contact us

    We can help!

    Listing Contact
    Doug Olson
    Doug Olson

    Listing agent Doug Olson License #FL 3175846

    Listing office Trinity Commercial Group

    Listing date Aug 18, 2021

    Source Crexi

    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 Trinity Commercial Group

    HighLights

    • Publix‑anchored neighborhood center
    • Strategically located at a signalized intersection (Veterans Blvd and Kings Hwy) just west of I‑75
    • Strong daily traffic and excellent visibility
    • Dense surrounding residential base
    • Surrounded by national and local tenants
    • Long‑term market stability in a growing Port Charlotte trade area

    Overview

    Peachland Promenade is a neighborhood shopping center anchored by Publix, situated just west of I-75 at the intersection of Veterans Blvd and Kings Hwy. The location benefits from high daily traffic and visibility, with a dense residential area nearby. The center is suitable for service, medical, and retail businesses. The established center, surrounded by national and local tenants, provides consistent foot traffic and market stability in the growing Port Charlotte trade area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    • Suncoast Mobile RV Repair -851 Elizabeth Street Punta Gorda, Fl 33950 unit111 — 2200 Kings Hwy, Port Charlotte, FL 33980

    Map

    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.0533
    Latitude
    26.9862

    Nearby Similar for Lease

    • $1,100/Mo
      900 SF

      Punta Gorda Office Suite

      Office suite in Charlotte Commercial Center available for lease.
      8270 BURNT STORE ROAD, PUNTA GORDA, FL 33950
      View Details
    • $1,400/Mo
      10,536 SF

      Downtown Executive Office Suites

      Executive office suites in a Chamber of Commerce building with shared amenities, utilities, and WiFi included in a gross lease.
      252 W MARION AVENUE, PUNTA GORDA, FL 33950
      View Details
    • $16 SF/Yr
      6,996 SF

      Versatile Mixed-Use Space For Rent

      Adaptable commercial space in a prime location, suitable for various businesses.
      4694 TAMIAMI TRAIL, PUNTA GORDA, FL 33980
      View Details
    • $16 SF/Yr
      1,140 SF

      PUNTA GORDA Retail Space

      Retail space in popular Deep Creek Commons Plaza.
      24901 SANDHILL BOULEVARD, PUNTA GORDA, FL 33983
      View Details
    • $20 SF/Yr
      6,120 SF

      Punta Gorda Office Space Available

      Move-in ready office space in a desirable commercial area.
      2421 SHREVE STREET, PUNTA GORDA, FL 33950
      View Details
    • $18 SF/Yr
      9,708 SF

      Spacious Retail Space in Punta Gorda

      Versatile retail space with ample parking near I-75.
      10169 TAMIAMI TRAIL, PUNTA GORDA, FL 33950
      View Details
    • Contact for pricing

      Versatile Commercial Space in Punta Gorda

      Commercial space for rent in the heart of Punta Gorda.
      401 E Olympia Avenue, Punta Gorda, FL 33950
      View Details
    • $15 SF/Yr
      14,432 SF

      Versatile Retail Space For Rent

      Spacious commercial property with flexible zoning and ample parking.
      10175 South Tamiami Trail, Punta Gorda, FL 33950
      View Details
    • $24,000 SF/Yr
      6,104 SF

      Punta Gorda Flex Commercial Space

      Adaptable commercial space with parking and highway access.
      5260 DUNCAN Rd, Punta Gorda, FL 33982
      View Details
    • $15 SF/Yr
      14,432 SF

      Spacious Retail Space For Rent

      Versatile commercial property with ample parking near I-75.
      10175 South Tamiami Trail, Punta Gorda, FL 33950
      View Details
    • $33,000 SF/Yr
      1,650 SF

      Move-in Ready Office Space

      Functional 1,650 sq ft office space for rent.
      2421 SHREVE St 112-113, Punta Gorda, FL 33950
      View Details
    • $55,075 SF/Yr
      2,203 SF

      Punta Gorda Physical Therapy Space

      Move-in ready physical therapy space in a premier medical building.
      315 E OLYMPIA Ave 112, Punta Gorda, FL 33950
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space in a well-established, high-traffic shopping center.
    Where is this shopping center located?
    The property is located at 24123 Peachland Blvd Punta Gorda, FL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Publix‑anchored neighborhood center; Strategically located at a signalized intersection (Veterans Blvd and Kings Hwy) just west of I‑75; Strong daily traffic and excellent visibility
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Doug Olson
    Doug Olson
    Real Estate License ID: FL 3175846
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    24123 Peachland Blvd, Punta Gorda, FL 33980
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!