Flex Space Warehouse with Two Bay
For Sale
$649,000
4159 ELECTRIC Way, Punta Gorda, FL 33980
COMMERCIAL - PUNTA GORDA, FL
Property Size3,500 SF
Lot Size0.24 Acres
Price / SF$185.43
Days on Market121
Property Features for 4159 ELECTRIC Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IG
Subdivision
HARBOR EXECUTIVE PARK AN
Directions
US 41 South, left on Hancock Ave, right on Electric Way. Building is on the right.
Standard status
Active
APN
402226276007
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HEP 000 0000 0004 HARBOR EXECUTIVE PARK AN UNDIVIDED 79% INTEREST IN LT 4 1757/1456 UNREC DC-DAD HEP 000 0000 0004 HARBOR EXECUTIVE PARK AN UNDIVIDED 21% INT IN LT 4 599/1837 606/1765 2618/438 & 448 2618/441 UNREC DC-DAD CD3467899
Tax Annual Amount
6164
Legal Description
HEP 000 0000 0004 HARBOR EXECUTIVE PARK AN UNDIVIDED 79% INTEREST IN LT 4 1757/1456 UNREC DC-DAD HEP 000 0000 0004 HARBOR EXECUTIVE PARK AN UNDIVIDED 21% INT IN LT 4 599/1837 606/1765 2618/438 & 448 2618/441 UNREC DC-DAD CD3467899
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1995
Flooring type
Concrete
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
ZOBEL REAL ESTATE, INC.
(941) 629-6600
Listed By:
Laurie Zobel · License #479267
(941) 629-6600
Added: Apr 7
Changed: Aug 4
Last Checked: Aug 5 at 2:06PM
MLS# C7524447
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Flex space warehouse with block and stucco construction, concrete flooring, and ductless heating. The building includes 2 large bay doors and approximately 3,500+ SF of warehouse/open space, plus an office area with a bathroom and A/C. A second area is plumbed for another bathroom, and the property offers loft space for additional storage. New shingle roof was installed in 2021.
The property sits on 0.24 acres and includes plenty of parking. The fenced-in rear includes a large canopy, supporting a range of on-site work or storage needs.
Utilities include public water and public sewer, with phone available. Built in 1995 and zoned Industrial General (IG), the facility is set up for flexible use where warehouse and office space can operate together.
The property sits on 0.24 acres and includes plenty of parking. The fenced-in rear includes a large canopy, supporting a range of on-site work or storage needs.
Utilities include public water and public sewer, with phone available. Built in 1995 and zoned Industrial General (IG), the facility is set up for flexible use where warehouse and office space can operate together.
Key Highlights
- Zoned Industrial General (IG) flex space warehouse
- 2 large bay doors for warehouse access
- Approx. 3,500+ SF of warehouse/open space
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 | $75.6k | $21.60 |
| − Vacancy | −$17.8k | −$5.10 |
| EGI | $57.8k | $16.50 |
| − OpEx | −$14.4k | −$4.13 |
| NOI | $43.3k | $12.38 |
3,500 SF · lease $21.60/SF/yr · vacancy 23.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$618.8K
$541.5K – $722.0K
NOI $43,319 @ 7.0% cap · market cap 6.67%
Second Best
Warehouse
$469.2K
$410.6K – $547.4K
NOI $32,844 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,220 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33980, FL
11,762
Population
8,108
Households
1.5
Avg Household Size
63
Median Age
21%
College-Educated
92%
High-School Grad
9.2 sq mi
ZIP Area
1,278
Density / Sq Mi
$61,871
Median Household Income
$33,365
Median Earnings
$1,216
Median Rent
$221,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Flex space warehouse zoned IG with two large bay doors, office with bathroom and A/C, and a fenced rear with canopy.
Where is this flex space located?
The property is located at 4159 ELECTRIC Way Punta Gorda, FL.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Zoned Industrial General (IG) flex space warehouse; 2 large bay doors for warehouse access; Approx. 3,500+ SF of warehouse/open space
