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Corner Lot Flex Warehouse with Bays

27039 Rushmore Ave Punta Gorda, FL 33983

27039 Rushmore Ave, Punta Gorda, FL, 33983
$650,000
For Sale
$650,000

Concrete block flex warehouse with four garage bays and office/storage loft for vehicle, workshop, or small business use.

Property Size2,400 SF
Lot Size0.45 Acres
Price / SF$270.83
Days on Market226

Property Features for 27039 Rushmore Ave

General Information

Standard status
Active
Size
2,400 SF
Lot size
0.45 Acres
Listing agency KW PEACE RIVER PARTNERS
Listed by Denise Galloway, PA · License #3246940
Source Exprealty
Added: Dec 8, 2025 Updated: Jul 10 at 3:59PM Checked: Jul 20 at 8:42AM

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 concrete block flex warehouse is positioned on a corner lot and offers 2,400 sq. ft. under roof. The building includes four garage bays, with overhead doors sized at 8 feet and 12 feet, providing straightforward drive-in access for vehicles and equipment. Electrical service is available on both sides, with 50-amp service noted, and each side includes a half bath. The right side also features a loft that can support an office setup or additional storage. Spray foam insulation is installed for durability and energy efficiency.

Located in Harbour Heights, Punta Gorda, the property sits at 27039 Rushmore Ave. The garage-bay configuration is well suited for businesses and operators that need both enclosed storage and easy loading access through multiple overhead doors.

For tenants, owners, or buyers seeking flexible space, the combination of multiple bays, substantial door heights, and separate half-bath amenities can support a range of uses including vehicle storage, a workshop, or small business operations. The right-side loft adds an on-site work or storage option without taking away from the primary bay area, while the 50-amp electrical service on both sides supports more demanding equipment needs.

Key Highlights

  • 4,200 SF concrete block flex warehouse on a corner lot in Harbour Heights, Punta Gorda
  • 2400 SF under roof with spray foam insulation for energy efficiency and durability
  • Four garage bays with 8‑ft and 12‑ft overhead doors on each side for vehicle access

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $28.8k $12.00
− Vacancy −$2.3k −$0.96
EGI $26.5k $11.04
− OpEx −$4.0k −$1.66
NOI $22.5k $9.38
2,400 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$321.7K
$281.5K – $375.4K (±1% cap)
NOI $22,522 @ 7.0% cap · market cap 3.46%
Second Best
Flex RnD
$305.9K
$267.6K – $356.9K (±1% cap)
NOI $21,411 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$785.8K
$687.6K – $916.8K (±1% cap)
NOI $55,008 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Restaurant Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Concrete block flex warehouse with four garage bays and office/storage loft for vehicle, workshop, or small business use.
Where is this flex space located?
The property is located at 27039 Rushmore Ave Punta Gorda, 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: 4,200 SF concrete block flex warehouse on a corner lot in Harbour Heights, Punta Gorda; 2400 SF under roof with spray foam insulation for energy efficiency and durability; Four garage bays with 8‑ft and 12‑ft overhead doors on each side for vehicle access
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