Pre-Construction Storage Condo
For Sale
$259,900
5233 TAYLOR Rd B1, Punta Gorda, FL 33950
To-be-built storage condo unit with gated access, high ceilings, and an oversized garage door for vehicle and equipment storage.
Property Size1,300 SF
Days on Market66
Property Features for 5233 TAYLOR Rd B1
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$2,993
Building Details
Building Size
1,300 SF
Year Built
2026
Listing Agency:
GRANT TEAM REAL ESTATE, LLC
(941) 205-8481
Listed By:
Christopher Grant · License #3238094
(941) 205-8481
Source:
Elliman
Added: Jun 14
Changed: Aug 13
Last Checked: Aug 17 at 9:14AM
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 GRANT TEAM REAL ESTATE, LLC
Investment Insights
Based on property information with market context.
This pre-construction storage condo unit is slated to be built as a 25' x 52' space with approximately 1,300 square feet of versatile storage area. The design includes an 18-foot clear ceiling height for vertical storage and an oversized garage door for straightforward access with vehicles, trailers, and equipment. The development is planned with 100% masonry construction and solid concrete roofs, and unit features are described to include gated entry and exit access, bright LED lighting, ceiling fans, and keyless entry. Individual climate-controlled options are available, along with high-speed WiFi throughout the facility. Electrical service is described as 100 AMP with multiple electrical outlets, including 50 AMP RV capability, plus security camera monitoring and wide drive aisles intended for easier maneuvering.
Located at 5233 Taylor Road, Unit B1 in Punta Gorda, the project is described as being in a high-and-dry setting, positioned 19+ feet above sea level and outside of a flood zone. The site is also described as being just minutes from downtown Punta Gorda, major highways, shopping, dining, and area marinas.
Located at 5233 Taylor Road, Unit B1 in Punta Gorda, the project is described as being in a high-and-dry setting, positioned 19+ feet above sea level and outside of a flood zone. The site is also described as being just minutes from downtown Punta Gorda, major highways, shopping, dining, and area marinas.
Key Highlights
- Pre‑construction to‑be‑built storage condo unit at 5233 Taylor Road, Unit #B1, Punta Gorda, FL 33950 (2026 year built).
- Unit offers approx. 1,300 SF (25' x 52') with an 18‑foot clear ceiling height and an oversized garage door for easy access.
- High & dry location: 19+ feet above sea level and outside a flood zone.
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
$13,273
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
5.11%
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%
$265,460
$265.5K
Cap Rate 7%
$189,614
$189.6K
Cap Rate 9%
$147,478
$147.5K
Market Conditions
NOI Build-Up for 1,300 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
$20.3K $15.60/SF
− Vacancy
−$1.3K −$1.01/SF
EGI
$19.0K $14.59/SF
− OpEx
−$5.7K −$4.38/SF
NOI
$13.3K $10.21/SF
Area
Charlotte County, FL
Vacancy
6.50%
Lease Rate
$15.60 /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%
$265,460
Cap Rate 7%
$189,614
Cap Rate 9%
$147,478
Alternative Uses
Best Use
Self Storage
$189.6K
$165.9K – $221.2K
NOI $13,273 @ 7.0% cap · market cap 5.11%
Second Best
Warehouse
$174.3K
$152.5K – $203.3K
NOI $12,199 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$425.7K
$372.5K – $496.6K
NOI $29,796 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Explore this area
Business Placement
Demographics for 33950, FL
24,984
Population
16,748
Households
1.5
Avg Household Size
66
Median Age
36%
College-Educated
95%
High-School Grad
17.8 sq mi
ZIP Area
1,404
Density / Sq Mi
$74,484
Median Household Income
$46,032
Median Earnings
$1,192
Median Rent
$393,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - To-be-built storage condo unit with gated access, high ceilings, and an oversized garage door for vehicle and equipment storage.
Where is this self storage facility located?
The property is located at 5233 TAYLOR Rd B1 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Pre‑construction to‑be‑built storage condo unit at 5233 Taylor Road, Unit #B1, Punta Gorda, FL 33950 (2026 year built).; Unit offers approx. 1,300 SF (25' x 52') with an 18‑foot clear ceiling height and an oversized garage door for easy access.; High & dry location: 19+ feet above sea level and outside a flood zone.
