Flex Condominium with Showroom
For Sale
$525,000
5260 DUNCAN ROAD #5, Punta Gorda, FL 33982
An open, air-conditioned commercial unit combines storefront access with warehouse functionality for a range of business operations.
Property Size2,703 SF
Price / SF$194.23
Days on Market9
Property Features for 5260 DUNCAN ROAD #5
General Information
Standard status
Active
Size
2,703 SF
Property subtype
Retail
Zoning
CG
Site & Location
Traffic Count
19,300 vehicles/day
Road Access
Yes
Warehouse & Industrial
Clear Height
12 ft
Warehouse Space
2,703 SF
Conditioned Warehouse
Yes
Additional Details
Property Use
Warehouse
Amenities
fully air-conditioned
glass storefront entrance
one restroom
new roof
Building Details
Year Built
2007
Listing Agency:
RE/MAX HARBOR REALTY
(941) 639-8500
Listed By:
Margeaux McCarthy · License #3352338
(401) 688-0822
Source:
Dennisrealty
Added: Oct 28
Changed: Nov 5
Last Checked: Nov 4 at 2:49PM
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 RE/MAX HARBOR REALTY
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Investment Insights
Based on property information with market context.
This 2,703-square-foot flex condominium at US 17 Galleria offers an open floor plan with 12-foot ceilings, a 12-by-12-foot overhead door, a glass storefront entrance and one restroom. The unit is fully air-conditioned and vacant. A new roof was installed in 2024, and the property was built in 2007. Commercial General (CG) zoning applies, subject to zoning approval for specific operations.
The property is on US 17, with access from Duncan Road via Bloxham Avenue. It is 2.3 miles from I-75 Exit 164 and approximately 2.5 miles from Punta Gorda Airport. The plaza provides shared parking across approximately 51 spaces, and the location is minutes from Downtown Punta Gorda.
The property is on US 17, with access from Duncan Road via Bloxham Avenue. It is 2.3 miles from I-75 Exit 164 and approximately 2.5 miles from Punta Gorda Airport. The plaza provides shared parking across approximately 51 spaces, and the location is minutes from Downtown Punta Gorda.
Key Highlights
- 2,703‑square‑foot flex condominium with an open floor plan
- 12‑foot ceilings and a 12‑by‑12‑foot overhead door
- Glass storefront entrance; fully air‑conditioned
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,083
Cap Rate
9.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$961,660
$961.7K
Cap Rate 7%
$686,900
$686.9K
Cap Rate 9%
$534,256
$534.3K
Market Conditions
NOI Build-Up for 2,703 SF
Gross rent
$71.0K $26.28/SF
− Vacancy
−$2.3K −$0.87/SF
EGI
$68.7K $25.41/SF
− OpEx
−$20.6K −$7.62/SF
NOI
$48.1K $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%
$961,660
Cap Rate 7%
$686,900
Cap Rate 9%
$534,256
Alternative Uses
Best Use
Retail
$686.9K
$601.0K – $801.4K
NOI $48,083 @ 7.0% cap · market cap 9.16%
Second Best
Warehouse
$362.4K
$317.1K – $422.8K
NOI $25,365 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$885.0K
$774.4K – $1.03M
NOI $61,953 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
12 ft
Clear height
19,300 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 33982, FL
12,404
Population
6,091
Households
2
Avg Household Size
52
Median Age
25%
College-Educated
88%
High-School Grad
407.1 sq mi
ZIP Area
30
Density / Sq Mi
$68,514
Median Household Income
$43,964
Median Earnings
$1,104
Median Rent
$285,400
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - An open, air-conditioned commercial unit combines storefront access with warehouse functionality for a range of business operations.
Where is this flex space located?
The property is located at 5260 DUNCAN ROAD #5 Punta Gorda, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,703‑square‑foot flex condominium with an open floor plan; 12‑foot ceilings and a 12‑by‑12‑foot overhead door; Glass storefront entrance; fully air‑conditioned
