Spacious Warehouse with Office
For Sale
$1,950,000
3060 Placida Rd, Englewood, FL 34224
3-acre commercial site with 9,000 sq ft warehouse/office.
Property Size3,340 SF
Lot Size3.00 Acres
Price / SF$583.83
Days on Market229
Property Features for 3060 Placida Rd
General Information
Standard status
Active
Size
3,340 SF
Lot size
3.00 Acres
Building Details
Year Built
1988
Listing Agency:
LASBURY-TRACY REALTY INC.
Listed By:
Austin Tracy · License #3427975
(941) 474-5585
Source:
Livewelltampabay
Added: Mar 5
Changed: Oct 9
Last Checked: Oct 7 at 3:57PM
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 LASBURY-TRACY REALTY INC.
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Investment Insights
Based on property information with market context.
This commercial property is situated on approximately 3 acres, featuring over 300 feet of frontage. The site includes a 9,000 sq ft warehouse, with about 3,300 sq ft of air-conditioned space. The warehouse incorporates a fully built-out two-story office and a large roll-up door, facilitating the entry of vehicles and equipment. The Commercial General zoning provides flexibility for various uses, including auto-related businesses, marine equipment sales and service, and machinery operations. This property is suitable for businesses requiring substantial operational and expansion space.
Key Highlights
- Large 3‑acre commercial site with over 300 feet of frontage on Placida Road.
- 9,000 sq ft warehouse with 3,300 sq ft of air‑conditioned space.
- Fully built‑out two‑story office** within the warehouse.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,415
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,188,300
$1.2M
Cap Rate 7%
$848,786
$848.8K
Cap Rate 9%
$660,167
$660.2K
Market Conditions
NOI Build-Up for 3,340 SF
Gross rent
$87.8K $26.28/SF
− Vacancy
−$2.9K −$0.87/SF
EGI
$84.9K $25.41/SF
− OpEx
−$25.5K −$7.62/SF
NOI
$59.4K $17.79/SF
Area
Charlotte County, FL
Vacancy
3.30%
Lease Rate
$26.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,188,300
Cap Rate 7%
$848,786
Cap Rate 9%
$660,167
Alternative Uses
Best Use
Retail
$848.8K
$742.7K – $990.3K
NOI $59,415 @ 7.0% cap · market cap 3.05%
Second Best
Office B
$590.6K
$516.7K – $689.0K
NOI $41,339 @ 7.0% cap · market cap 2.12%
Theoretical Best
Office A
$1.09M
$956.9K – $1.28M
NOI $76,553 @ 7.0% cap · market cap 3.93%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Self Storage — 4409 Placida Rd, Englewood, FL 34224
- iStorage — 4381 Placida Rd, Englewood, FL 34224
- Loop net storage — 4752 Placida Rd, Englewood, FL 34224
- Storage Brothers Englewood — 3401 Placida Rd, Grove City, FL 34224
- Stump Pass Marina — 260 Maryland Ave, Englewood, FL 34224
Frequently Asked Questions
What type of property is this?
Warehouse - 3-acre commercial site with 9,000 sq ft warehouse/office.
Where is this warehouse located?
The property is located at 3060 Placida Rd Englewood, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Large 3‑acre commercial site with over 300 feet of frontage on Placida Road.; 9,000 sq ft warehouse with **3,300 sq ft of air‑conditioned space.**; Fully built‑out two‑story office** within the warehouse.
