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Gated Warehouse Condominium
New
For Sale
$219,900

2720 PLACIDA ROAD #4, Englewood, FL 34224

CG zoning and controlled entry accommodate commercial storage and permitted business operations.

Property Size1,000 SF
Price / SF$219.90
Days on Market4

Property Features for 2720 PLACIDA ROAD #4

General Information

Standard status Active
Size 1,000 SF
Property subtype Warehouse
Zoning CG

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 1

Additional Details

Road Access Yes
Property Use Commercial Garage

Amenities

coded-access common restrooms
security camera system with Starlink connectivity
0.05 acres
Concrete
Additional parcels description:, Parcel Number: 412017600004, Public Survey Range: 20E, Public Survey Section: 17, Annual Amount: $2,940.4, Legal Description: FG2 000 000A 0004 FLORIDA GARAGE CONDOS OF ENGLEWOOD II BLDG A UNIT4 3409848, Lot: 4, Year: 2025, Zoning: CG
Wall/Window Unit(s)
Listing ID: MFRC7532199, Standard Status: Active, MLS Status: Active, Property Subtype: Warehouse, On market as of 2026-10-21, Special Conditions: None
Common
Built in 2024, Living area: 1000, Living area units: Square Feet, Levels: One, Construction Materials: Block
MLS Area (Major): 34224 - Englewood, County/Parish: Charlotte
Completed
Shared Restrooms
Electricity Available, Water Connected, 100 Amp Service
Slab
Frontage Type: Main Throrughfare, Road Surface: Asphalt
Security System

Building Details

Year Built 2024
Construction concrete block
Listing Agency: KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Listed By: Traci Creighton · License #3374207
Source: Miharaandassociates
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 4:33AM

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 ISLAND LIFE REAL ESTATE

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Investment Insights

Based on property information with market context.

Built in 2024, this 1,000 SF warehouse condo measures 20' x 50' and has 16' ceilings. A powered 12' x 14' overhead door, private entrance, upgraded mini-split A/C, and additional electrical capacity serve the unit. Construction includes concrete block walls and a concrete panel roof; the property is outside the flood zone. A private camera system with Starlink connectivity is also installed.

The unit is part of an 18-unit gated complex with a main entrance on Placida Road and a second gate at the rear. Common restrooms have coded access. The property is near area marinas, boating facilities, and Gulf Coast waterways.

Key Highlights

  • 1,000 SF unit measuring 20' x 50'
  • 16' ceilings and a powered 12' x 14' overhead door
  • CG zoning; permitted business operations are noted

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,384
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,680 $187.7K
Cap Rate 7%
$134,057 $134.1K
Cap Rate 9%
$104,267 $104.3K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$12.0K $12.00/SF
− Vacancy
−$960 −$0.96/SF
EGI
$11.0K $11.04/SF
− OpEx
−$1.7K −$1.66/SF
NOI
$9.4K $9.38/SF
Area
Charlotte County, FL
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,680
Cap Rate 7%
$134,057
Cap Rate 9%
$104,267

Alternative Uses

Best Use
Warehouse
$134.1K
$117.3K – $156.4K (±1% cap)
NOI $9,384 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$327.4K
$286.5K – $382.0K (±1% cap)
NOI $22,920 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Hair Salon Law Firm Pharmacy Auto Parts Store Building Supply Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
1
Drive-in doors
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

211
Businesses Nearby
Well-served
Demand for This Use

Demographics for 34224, FL

16,379
Population
11,333
Households
1.4
Avg Household Size
63
Median Age
21%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
1,280
Density / Sq Mi
$56,862
Median Household Income
$34,450
Median Earnings
$1,219
Median Rent
$262,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Stump Pass Marina — 260 Maryland Ave, Englewood, FL 34224
  • Quality Boats of Charlotte Harbor — 3340 Placida Rd, Englewood, FL 34224
  • Oaks Mini Storage — 1985 Wyoming Ave, Englewood, FL 34224
  • All Steel Storage Englewood — 1985 Wyoming Ave, Englewood, FL 34224

Frequently Asked Questions

What type of property is this?
Warehouse - CG zoning and controlled entry accommodate commercial storage and permitted business operations.
Where is this warehouse located?
The property is located at 2720 PLACIDA ROAD #4 Englewood, FL.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 1,000 SF unit measuring 20' x 50'; 16' ceilings and a powered 12' x 14' overhead door; CG zoning; permitted business operations are noted
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