Storage Condo in Rotonda
41 Chardon Rd Unit G8 Rotonda West, FL 33981
41 Chardon Rd Unit G8, Rotonda West, FL, 33981
$267,000
For Sale
$267,000
Non-Residential Storage Condo
Property Size1,248 SF
Price / SF$213.94
Days on Market175
Property Features for 41 Chardon Rd Unit G8
General Information
- Standard status
- Active
- Property type
- Parking lots & garages, Automotive properties
- Size
- 1,248 SF
- Net Rentable
- 1,248 SF
- Investment Type
- Owner User
Building Details
- Year Built
- 2024
- Stories
- 1
- Units
- 1
Listing Office
(330) 357-1225
Listed by
Terrence
(330) 357-1225
Added: Jan 23 Checked: Mar 16 at 9:06 am
Investment Insights
Based on property information with market context.
This non-residential storage condo, located in Rotonda West, Florida, offers a secure and private storage solution. The unit measures 24 feet by 52 feet with a height of 16 feet, providing ample space for multiple vehicles, including cars, RVs, boats, and trailers. Constructed with solid concrete walls and a roof, the unit is fireproof. It features climate control, LED lighting, ceiling fans, multiple outlets along the walls, a 50 AMP outlet, WIFI service, a convenient dumpster, a utility sink on the back wall, and a water spigot at the entrance. The flooring is epoxy. The upgraded garage door includes windows and a remote, while the man door is keyless. The area is fully fenced with remote entry gates, fully paved with a large turning radius, and monitored by cameras. Access is facilitated by side roads for easy entry and exit.
Local Financial Insights For Industrial
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 | $15.0k | $12.00 |
| − Vacancy | −$1.2k | −$0.96 |
| EGI | $13.8k | $11.04 |
| − OpEx | −$4.1k | −$3.31 |
| NOI | $9.6k | $7.73 |
1,248 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$137.8K
$120.6K – $160.8K
NOI $9,645 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$408.6K
$357.6K – $476.7K
NOI $28,604 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Parking lots & garages
Similar For Sale Nearby
FAQs
What type of property is this?
Parking lot & garage - Non-Residential Storage Condo
Where is this parking lot & garage located?
The property is located at 41 Chardon Rd Unit G8 Rotonda West, FL.
What is the asking price?
The asking price for this property is $267,000.
