Medical/General Office Near
For Sale
$299,900
2525 HARBOR BOULEVARD 301, Port Charlotte, FL 33952
Commercial office space suitable for medical or general use.
Property Size1,488 SF
Price / SF$201.55
Days on Market1050
Property Features for 2525 HARBOR BOULEVARD 301
General Information
Standard status
Active
Size
1,488 SF
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$3,055
Building Details
Year Built
1986
Listing Agency:
KELLER WILLIAMS REALTY FT MYER
(239) 462-6885
Listed By:
Jessica Nolan · License #3223347
(239) 462-6885
Source:
Exitrealty
Added: Oct 10, 2023
Changed: Aug 8
Last Checked: Aug 8 at 6:29AM
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 KELLER WILLIAMS REALTY FT MYER
Investment Insights
Based on property information with market context.
This 1,488 square foot commercial office space, previously used as a medical office, is located across from the hospital. The property's zoning allows for both medical and general office use. The unit features an updated reception area with a check-in counter, a shared restroom, three examination rooms with sinks, one office, two bathrooms (one shared), a spacious waiting room, two workstations, a kitchenette, and common areas. The property has been maintained and complies with CG zoning regulations.
Key Highlights
- Prime location directly across from the hospital, ideal for healthcare professionals.
- Flexible zoning designation allowing for both medical and general office use.
- Includes three upgraded examination rooms with sinks, office, and two bathrooms.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,807
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$416,140
$416.1K
Cap Rate 7%
$297,243
$297.2K
Cap Rate 9%
$231,189
$231.2K
Market Conditions
NOI Build-Up for 1,488 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$38.7K $26.04/SF
− Vacancy
−$4.1K −$2.73/SF
EGI
$34.7K $23.31/SF
− OpEx
−$13.9K −$9.32/SF
NOI
$20.8K $13.98/SF
Area
Charlotte County, FL
Vacancy
10.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$416,140
Cap Rate 7%
$297,243
Cap Rate 9%
$231,189
Alternative Uses
Best Use
Healthcare Medical
$297.2K
$260.1K – $346.8K
NOI $20,807 @ 7.0% cap · market cap 6.94%
Second Best
Office B
$263.1K
$230.2K – $307.0K
NOI $18,417 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$487.2K
$426.3K – $568.4K
NOI $34,105 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,613
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33952, FL
32,084
Population
17,682
Households
1.8
Avg Household Size
52
Median Age
20%
College-Educated
88%
High-School Grad
11.0 sq mi
ZIP Area
2,917
Density / Sq Mi
$56,117
Median Household Income
$33,999
Median Earnings
$1,249
Median Rent
$224,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Commercial office space suitable for medical or general use.
Where is this medical office space located?
The property is located at 2525 HARBOR BOULEVARD 301 Port Charlotte, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Prime location directly across from the hospital, ideal for healthcare professionals.; Flexible zoning designation allowing for both medical and general office use.; Includes three upgraded examination rooms with sinks, office, and two bathrooms.
