Multi-Building Flex
7205 Gasparilla Road, Port Charlotte, FL 33981
For Sale
Contact for pricing
Unit layouts range from warehouse space with office areas to fully air-conditioned configurations.
Property Size52,413 SF
Price / SF$181.25
Days on Market20
Property Features for 7205 Gasparilla Road
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Clear Span
Tenant in Place
Property Use
Building Details
Buildings
Tenancy
Listing Agency:
American Property Group of Sarasota Inc
Listed By:
Geoffrey Paul · License FL SL-3629613
(941) 307-0334
Source:
Crexi
Added: Oct 21
Changed: Nov 8
Last Checked: Nov 8 at 4:29PM
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 American Property Group of Sarasota Inc
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Investment Insights
Based on property information with market context.
This flex property comprises three buildings totaling approximately 52,413 SF. Building areas are approximately 18,847 SF, 16,700 SF, and 16,866 SF, with individual units ranging from approximately 1,207 to 1,830 SF. Adjacent units may be combined, and layouts include open-span warehouse areas. Buildouts vary from roughly 500 SF of air-conditioned office space alongside warehouse space to fully air-conditioned interiors. Each unit has an overhead door, and the site includes on-site parking.
The property is on Gasparilla Road, just south of State Road 776/S McCall Road, with access to Port Charlotte, Englewood, and the wider Charlotte County market. Harbor Village, a nearby planned development, covers approximately 1,100 acres and is planned for up to 3,475 homes.
The property is on Gasparilla Road, just south of State Road 776/S McCall Road, with access to Port Charlotte, Englewood, and the wider Charlotte County market. Harbor Village, a nearby planned development, covers approximately 1,100 acres and is planned for up to 3,475 homes.
Key Highlights
- Three buildings totaling approximately 52,413 SF
- Building areas of approximately 18,847 SF, 16,700 SF, and 16,866 SF
- Individual units range from approximately 1,207 to 1,830 SF; adjacent units can be combined
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$491,844
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,836,880
$9.8M
Cap Rate 7%
$7,026,343
$7.0M
Cap Rate 9%
$5,464,933
$5.5M
Market Conditions
NOI Build-Up for 52,413 SF
Gross rent
$629.0K $12.00/SF
− Vacancy
−$50.3K −$0.96/SF
EGI
$578.6K $11.04/SF
− OpEx
−$86.8K −$1.66/SF
NOI
$491.8K $9.38/SF
Area
Charlotte County, FL
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,836,880
Cap Rate 7%
$7,026,343
Cap Rate 9%
$5,464,933
Alternative Uses
Best Use
Warehouse
$7.03M
$6.15M – $8.20M
NOI $491,844 @ 7.0% cap · market cap 5.18%
Second Best
Flex RnD
$6.68M
$5.84M – $7.79M
NOI $467,589 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$17.16M
$15.02M – $20.02M
NOI $1,201,306 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33981, FL
13,574
Population
7,808
Households
1.7
Avg Household Size
59
Median Age
27%
College-Educated
93%
High-School Grad
45.4 sq mi
ZIP Area
299
Density / Sq Mi
$71,266
Median Household Income
$36,931
Median Earnings
$1,198
Median Rent
$355,600
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Port Charlotte, FL
Properties on Market for Flex space in Port Charlotte
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Unit layouts range from warehouse space with office areas to fully air-conditioned configurations.
Where is this flex space located?
The property is located at 7205 Gasparilla Road Port Charlotte, FL.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: Three buildings totaling approximately 52,413 SF; Building areas of approximately 18,847 SF, 16,700 SF, and 16,866 SF; Individual units range from approximately 1,207 to 1,830 SF; adjacent units can be combined
