Warehouse Flex with Four Garage
27039 RUSHMORE AVENUE Punta Gorda, FL 33983
27039 RUSHMORE AVENUE, Punta Gorda, FL, 33983
$599,900
For Sale
$599,900
Concrete block building on a corner lot with four garage bays, 50-amp electrical service on both sides, and loft storage.
Property Size2,400 SF
Lot Size0.45 Acres
Price / SF$249.96
Days on Market221
Property Features for 27039 RUSHMORE AVENUE
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.45 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1987
Listing Agency
KW PEACE RIVER PARTNERS
(661) 312-4531
Listed by
Denise Galloway, PA · License #3246940
(661) 312-4531
Source
Mbifloridarealty
Added: Dec 8, 2025 Checked: Jul 17 at 2:24 am
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 building is arranged with four garage bays, with overhead doors on each side. Both sides include 50-amp electrical service and a half bath, and the right side also features a loft for office or additional storage. Spray foam insulation is in place to support energy efficiency, and the structure includes concrete block construction intended for durable day-to-day use.
The property sits on a corner lot at 27039 Rushmore Avenue in Punta Gorda, FL. It offers direct vehicle-access through the overhead doors and includes additional built-in space via the loft, supporting a range of storage and small business uses based on the existing improvements.
With approximately 2,400 square feet under roof and the four-bay garage configuration, this is a compact, functional layout for operations that need regular on-site vehicle access and enclosed storage.
The property sits on a corner lot at 27039 Rushmore Avenue in Punta Gorda, FL. It offers direct vehicle-access through the overhead doors and includes additional built-in space via the loft, supporting a range of storage and small business uses based on the existing improvements.
With approximately 2,400 square feet under roof and the four-bay garage configuration, this is a compact, functional layout for operations that need regular on-site vehicle access and enclosed storage.
Key Highlights
- Concrete block commercial building built in 1987 on a corner lot totaling 19,625 sq. ft.
- 2,400 sq. ft. under roof with four garage bays, two on each side.
- Each garage bay has overhead doors (8‑foot and 12‑foot) for vehicle and equipment access.
Local Financial Insights For Office B
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 | $51.8k | $21.60 |
| − Vacancy | −$12.2k | −$5.10 |
| EGI | $39.6k | $16.50 |
| − OpEx | −$9.9k | −$4.13 |
| NOI | $29.7k | $12.38 |
2,400 SF · lease $21.60/SF/yr · vacancy 23.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$424.3K
$371.3K – $495.1K
NOI $29,704 @ 7.0% cap · market cap 4.95%
Second Best
Warehouse
$321.7K
$281.5K – $375.4K
NOI $22,522 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$785.8K
$687.6K – $916.8K
NOI $55,008 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Concrete block building on a corner lot with four garage bays, 50-amp electrical service on both sides, and loft storage.
Where is this flex space located?
The property is located at 27039 RUSHMORE AVENUE Punta Gorda, FL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Concrete block commercial building built in 1987 on a corner lot totaling 19,625 sq. ft.; 2,400 sq. ft. under roof with four garage bays, two on each side.; Each garage bay has overhead doors (8‑foot and 12‑foot) for vehicle and equipment access.
