Gated Auto
For Sale
$350,000
54 Harvard St, Englewood, FL 34223
CI-zoned commercial property with office space, covered shop area, storage, and secured access.
Property Size560 SF
Price / SF$625
Days on Market54
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 54 Harvard St
General Information
Standard status
Active
Size
560 SF
Zoning
CI
Additional Details
Fenced Yard
Yes
Amenities
security fencing
gated access
pole sign
carport/shop
storage shed
Building Details
Year Built
1989
Abandoned
No
Listing Agency:
LASBURY-TRACY REALTY INC.
Listed By:
Bart Tracy II, Austin Tracy
Source:
Exciterealtyflorida
Added: Aug 23
Changed: Sep 15
Last Checked: Oct 7 at 12:56PM
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 LASBURY-TRACY REALTY INC.
Investment Insights
Based on property information with market context.
This CI-zoned auto shop includes a compact office building with two private offices, a reception area, and a bathroom. The property also has a three-car carport that serves as a covered shop area, a storage shed, security fencing, and gated entry on three sides. A pole sign provides visibility from SR776.
Situated in Old Englewood Village, the property is currently operating as an automotive service and sales center. The existing occupant is on a month-to-month arrangement and has expressed interest in executing a new lease. CI zoning supports automotive or marine service, distribution, leasing operations, and service-company uses. The building dates to 1989.
Situated in Old Englewood Village, the property is currently operating as an automotive service and sales center. The existing occupant is on a month-to-month arrangement and has expressed interest in executing a new lease. CI zoning supports automotive or marine service, distribution, leasing operations, and service-company uses. The building dates to 1989.
Key Highlights
- CI zoning supports automotive or marine service, distribution, leasing operations, and service companies
- Three‑sided security fencing with gated access
- Office building with two offices, reception area, and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,962
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,240
$199.2K
Cap Rate 7%
$142,314
$142.3K
Cap Rate 9%
$110,689
$110.7K
Market Conditions
NOI Build-Up for 560 SF
Gross rent
$14.7K $26.28/SF
− Vacancy
−$486 −$0.87/SF
EGI
$14.2K $25.41/SF
− OpEx
−$4.3K −$7.62/SF
NOI
$10.0K $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%
$199,240
Cap Rate 7%
$142,314
Cap Rate 9%
$110,689
Alternative Uses
Best Use
Retail
$142.3K
$124.5K – $166.0K
NOI $9,962 @ 7.0% cap · market cap 2.85%
Second Best
Industrial
$61.8K
$54.1K – $72.1K
NOI $4,328 @ 7.0% cap · market cap 1.24%
Theoretical Best
Office A
$183.4K
$160.4K – $213.9K
NOI $12,835 @ 7.0% cap · market cap 3.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34223, FL
19,118
Population
14,484
Households
1.3
Avg Household Size
66
Median Age
39%
College-Educated
96%
High-School Grad
41.9 sq mi
ZIP Area
456
Density / Sq Mi
$70,155
Median Household Income
$39,486
Median Earnings
$1,288
Median Rent
$358,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Englewood Service Center, LLC — 210 S Indiana Ave, Englewood, FL 34223
- Ultimate Auto Works — 210 S Indiana Ave, Englewood, FL 34223
- Ultimate Auto Works, LLC — 210 S Indiana Ave, Englewood, FL 34223
- Window Tinting Guys of Englewood — 80 S McCall Rd, Englewood, FL 34223, United States
- Dino Tint — 80 S McCall Rd, Englewood, FL 34223
Frequently Asked Questions
What type of property is this?
Auto shop - CI-zoned commercial property with office space, covered shop area, storage, and secured access.
Where is this auto shop located?
The property is located at 54 Harvard St Englewood, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: CI zoning supports automotive or marine service, distribution, leasing operations, and service companies; Three‑sided security fencing with gated access; Office building with two offices, reception area, and bathroom
