Open-Plan Storefront
For Sale
$500,000
3762 Tamiami Trail Unit H, Port Charlotte, FL 33952
Commercial General zoning, central air, and a post-Hurricane Ian metal roof support flexible retail use.
Property Size2,280 SF
Price / SF$219.30
Days on Market291
Property Features for 3762 Tamiami Trail Unit H
General Information
Standard status
Active
Size
2,280 SF
Property subtype
Retail
Zoning
CG
Additional Details
Traffic Count
45,500 vehicles/day
Taxes and HOA fees
Annual Taxes
$5,227
Amenities
open floor plan
storage room
office
restrooms
Central Air
3
Building Details
Year Built
1974
Listing Agency:
COLDWELL BANKER REALTY
(941) 639-0090
Listed By:
Kayla Weiss-Bohnstedt · License #3370154
Source:
Xome
Added: Nov 13, 2025
Changed: Aug 30
Last Checked: Aug 30 at 11:22PM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This 2,280 SF retail condominium provides an open interior layout with a dedicated office, storage room, and 2 restrooms. Central air serves the space, and the metal roof was installed after Hurricane Ian. Built in 1974, the unit offers a practical storefront configuration for a range of commercial applications allowed under Commercial General (CG) zoning.
The property fronts Tamiami Trail in Port Charlotte and records 45,500 AADT. The association does not permit like-kind businesses, an operating restriction prospective users should consider when evaluating the space.
The property fronts Tamiami Trail in Port Charlotte and records 45,500 AADT. The association does not permit like-kind businesses, an operating restriction prospective users should consider when evaluating the space.
Key Highlights
- 2,280 SF retail condominium with open floor plan
- 45,500 AADT on Tamiami Trail
- Commercial General (CG) zoning
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
$40,559
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
8.11%
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%
$811,180
$811.2K
Cap Rate 7%
$579,414
$579.4K
Cap Rate 9%
$450,656
$450.7K
Market Conditions
NOI Build-Up for 2,280 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
$59.9K $26.28/SF
− Vacancy
−$2.0K −$0.87/SF
EGI
$57.9K $25.41/SF
− OpEx
−$17.4K −$7.62/SF
NOI
$40.6K $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 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%
$811,180
Cap Rate 7%
$579,414
Cap Rate 9%
$450,656
Alternative Uses
Best Use
Retail
$579.4K
$507.0K – $676.0K
NOI $40,559 @ 7.0% cap · market cap 8.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$746.5K
$653.2K – $871.0K
NOI $52,258 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
45,500 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,167
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Hotels & Casinos 24%
Electronics 22%
Shops & Services 5%
Bob Evans Restaurant
Dining
6,197 visits/mo
0.4 miles
Knights Inn
Hotels & Casinos
1,980 visits/mo
0.5 miles
Microtel Inn & Suites by Wyndham Port Charlotte/Punta Gorda
Hotels & Casinos
1,333 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
1,187 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
976 visits/mo
0.3 miles
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Arcadia Florist Inc — port charlotte, fl 33949
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial General zoning, central air, and a post-Hurricane Ian metal roof support flexible retail use.
Where is this storefront property located?
The property is located at 3762 Tamiami Trail Unit H Port Charlotte, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,280 SF retail condominium with open floor plan; 45,500 AADT on Tamiami Trail; Commercial General (CG) zoning
