Versatile Commercial Property in
For Sale
$77,988
6441 San Casa Dr, Englewood, FL 34224
3,200 sq ft commercial space on 0.83 acres.
Property Size800 SF
Lot Size0.83 Acres
Price / SF$97.49
Days on Market378
Property Features for 6441 San Casa Dr
General Information
Standard status
Active
Size
800 SF
Lot size
0.83 Acres
Taxes and HOA fees
Annual Taxes
$8,753
Listing Agency:
RAYNARD REALTY GROUP LLC
Listed By:
Julien Raynard
(786) 201-8463
Source:
Exprealty
Added: Aug 28, 2025
Changed: Sep 8
Last Checked: Jul 16 at 4:17PM
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 RAYNARD REALTY GROUP LLC
Investment Insights
Based on property information with market context.
This commercial property is located in the heart of the San Casa business district, within a high-traffic, industrially zoned corridor. The property offers 3,200 sq ft of versatile space on a 0.83-acre fenced lot, suited for construction, RV or automotive service operations, expansion, or relocation of compatible commercial ventures. The facility features two equipped service bays with a car lift, a large open space office with two bathrooms, and a storage loft. Included are assets such as a heavy-duty two-post lift and RV dump station. The property benefits from strategic visibility across from a Walmart Supercenter. Planned upgrades for 2025 include door shop replacements, new flooring, new doors and paint finishes for the office and bathrooms, new exterior paint, new commercial gutters, a new durable 57 rocks yard, a new fence covering half of the property, and new asphalt at the front gate. The property has public utilities, road frontage, and is zoned Flood X. It is an income-generating opportunity for owner-operators or investors.
Key Highlights
- High‑traffic location in SAN CASA business district, across from Walmart Supercenter, ensures excellent visibility and customer foot traffic.
- Versatile 3,200 sq ft industrial space on a large 0.83‑acre fenced lot suitable for various commercial uses (Construction, RV, automotive).
- Equipped with two service bays (including a car lift), open office space with 2 bathrooms, and a storage loft for immediate operational readiness.
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
$6,182
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
7.93%
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%
$123,640
$123.6K
Cap Rate 7%
$88,314
$88.3K
Cap Rate 9%
$68,689
$68.7K
Market Conditions
NOI Build-Up for 800 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
$9.6K $12.00/SF
− Vacancy
−$768 −$0.96/SF
EGI
$8.8K $11.04/SF
− OpEx
−$2.6K −$3.31/SF
NOI
$6.2K $7.73/SF
Area
Charlotte County, FL
Vacancy
8.00%
Lease Rate
$12.00 /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%
$123,640
Cap Rate 7%
$88,314
Cap Rate 9%
$68,689
Alternative Uses
Best Use
Retail
$203.3K
$177.9K – $237.2K
NOI $14,231 @ 7.0% cap · market cap 18.25%
Second Best
Industrial
$88.3K
$77.3K – $103.0K
NOI $6,182 @ 7.0% cap · market cap 7.93%
Theoretical Best
Office A
$261.9K
$229.2K – $305.6K
NOI $18,336 @ 7.0% cap · market cap 23.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34224, FL
16,379
Population
11,333
Households
1.4
Avg Household Size
63
Median Age
21%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
1,280
Density / Sq Mi
$56,862
Median Household Income
$34,450
Median Earnings
$1,219
Median Rent
$262,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Florida Gulfcoast Auto LLC — 2701 Ivy Ln, Englewood, FL 34224
- K&L European Automotive — 6522 San Casa Dr, Englewood, FL 34224
- Auntouchable Auto Body & Restoration — 6478 San Casa Dr, Englewood, FL 34224
- Stellfox Automotive — 6478 San Casa Dr STE D, Englewood, FL 34224
- My Mechanic The Affordable Automotive Repair Shop — 6507 San Casa Dr, Englewood, FL 34224
Frequently Asked Questions
What type of property is this?
Auto shop - 3,200 sq ft commercial space on 0.83 acres.
Where is this auto shop located?
The property is located at 6441 San Casa Dr Englewood, FL.
What is the asking price?
The asking price for this property is $77,988.
What are key features of this property?
This property features: High‑traffic location in SAN CASA business district, across from Walmart Supercenter, ensures excellent visibility and customer foot traffic.; Versatile 3,200 sq ft industrial space on a large 0.83‑acre fenced lot suitable for various commercial uses (Construction, RV, automotive).; Equipped with two service bays (including a car lift), open office space with 2 bathrooms, and a storage loft for immediate operational readiness.
