Renovated Church and Support
New
For Sale
$1,600,000
5377 Duncan Rd, Punta Gorda, FL 33982
Interior spaces include a sanctuary, offices, classrooms, meeting rooms, and a multipurpose area.
Property Size5,932 SF
Lot Size3.95 Acres
Price / SF$269.72
Days on Market5
Property Features for 5377 Duncan Rd
General Information
Standard status
Active
Size
5,932 SF
Lot size
3.95 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Currently Operating
Yes
Property Use
House of Worship
Amenities
digital roadside sign
kitchenette/breakroom
audio/visual control area
Building Details
Year Built
2006
Buildings
3
Stories
2
Tenancy
Single
Abandoned
No
Listing Agency:
Realty One Group MVP
Listed By:
Joanne Fultz · License #SL3449480
(937) 232-3070
Source:
Propertiesforsaleinswflorida
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 3:00PM
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 Realty One Group MVP
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Investment Insights
Based on property information with market context.
This church property on approximately 3.95 acres includes a 4,209-square-foot air-conditioned main building, with about 5,092 square feet including covered exterior areas. Built in 2006, the two-story structure contains a sanctuary with worship platform, fellowship and multipurpose space, offices, classrooms, meeting and counseling rooms, and administrative areas. A 672-square-foot maintenance and storage building and a 168-square-foot shed bring the combined recorded building area to approximately 5,932 square feet. The site also has three separate parking areas and an operational digital roadside sign.
The property fronts Duncan Road (US Highway 17) in Punta Gorda, with connectivity to Interstate 75, downtown Punta Gorda, Punta Gorda Airport, and other Charlotte County communities. The land is described as commercially zoned. Expansion materials include a preliminary site plan for a proposed additional 7,840-square-foot building; any future development or change of use is subject to applicable approvals.
The property fronts Duncan Road (US Highway 17) in Punta Gorda, with connectivity to Interstate 75, downtown Punta Gorda, Punta Gorda Airport, and other Charlotte County communities. The land is described as commercially zoned. Expansion materials include a preliminary site plan for a proposed additional 7,840-square-foot building; any future development or change of use is subject to applicable approvals.
Key Highlights
- Approximately 3.95 acres (172,050 SF) along Duncan Road (US Highway 17)
- 4,209 SF of air‑conditioned space in the main building; approximately 5,092 SF including covered exterior areas
- Combined recorded building area of approximately 5,932 SF, including a 672 SF maintenance/storage building and 168 SF shed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,419
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,468,380
$1.5M
Cap Rate 7%
$1,048,843
$1.0M
Cap Rate 9%
$815,767
$815.8K
Market Conditions
NOI Build-Up for 5,932 SF
Gross rent
$128.1K $21.60/SF
− Vacancy
−$30.2K −$5.10/SF
EGI
$97.9K $16.50/SF
− OpEx
−$24.5K −$4.13/SF
NOI
$73.4K $12.38/SF
Area
Charlotte County, FL
Vacancy
23.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,468,380
Cap Rate 7%
$1,048,843
Cap Rate 9%
$815,767
Alternative Uses
Best Use
Office B
$1.05M
$917.7K – $1.22M
NOI $73,419 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.94M
$1.70M – $2.27M
NOI $135,961 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Church & religious facility - Interior spaces include a sanctuary, offices, classrooms, meeting rooms, and a multipurpose area.
Where is this church & religious facility located?
The property is located at 5377 Duncan Rd Punta Gorda, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Approximately 3.95 acres (172,050 SF) along Duncan Road (US Highway 17); 4,209 SF of air‑conditioned space in the main building; approximately 5,092 SF including covered exterior areas; Combined recorded building area of approximately 5,932 SF, including a 672 SF maintenance/storage building and 168 SF shed
