Port Charlotte Office/Medical
For Sale
Contact for pricing
795 Crestview Cir NW, Port Charlotte, FL
Stand-alone building suitable for owner-occupiers or investors.
Property Size2,314 SF
Lot Size0.24 Acres
Price / SF$198.79
Days on Market258
Property Features for 795 Crestview Cir NW
General Information
Standard status
Active
Size
2,314 SF
Lot size
0.24 Acres
Property subtype
OFFICE
Listing Agency:
CORR COMMERCIAL ADVISORS LLC
(941) 815-2129
Listed By:
Howard Corr · License #3266041
(941) 815-2129
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:00AM
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 CORR COMMERCIAL ADVISORS LLC
Investment Insights
Based on property information with market context.
This property, with a size of 2314 square feet, is available for purchase at a newly reduced price. It presents a sound investment opportunity for owner-occupiers or investors looking to lease to high-quality tenants. The location, zoning flexibility, parking, and stand-alone status enhance its value. It is located across from a Walmart Neighborhood Market on Tamiami Trail, with a northbound turn lane onto Crestview from Tamiami Trail. The synergy of retail, residential, and professional services creates a dynamic business ecosystem, supporting business growth and visibility. Ample parking is available behind the building, accessible via Mirado Lane NW, providing sufficient spaces for staff, guests, and clients. The property is also available for lease.
Key Highlights
- Newly reduced price of $484,000 offers substantial value.
- Excellent location on Tamiami Trail across from Walmart Neighborhood Market with northbound turn lane.
- Stand‑alone building suitable for owner‑occupiers or investors.
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
$32,358
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
7.03%
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%
$647,160
$647.2K
Cap Rate 7%
$462,257
$462.3K
Cap Rate 9%
$359,533
$359.5K
Market Conditions
NOI Build-Up for 2,314 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
$60.3K $26.04/SF
− Vacancy
−$6.3K −$2.73/SF
EGI
$53.9K $23.31/SF
− OpEx
−$21.6K −$9.32/SF
NOI
$32.4K $13.98/SF
Area
Charlotte County, FL
Vacancy
10.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
40.00%
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%
$647,160
Cap Rate 7%
$462,257
Cap Rate 9%
$359,533
Alternative Uses
Best Use
Healthcare Medical
$462.3K
$404.5K – $539.3K
NOI $32,358 @ 7.0% cap · market cap 7.03%
Second Best
Office B
$409.1K
$358.0K – $477.3K
NOI $28,640 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$757.7K
$663.0K – $884.0K
NOI $53,037 @ 7.0% cap · market cap 11.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
741
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Stand-alone building suitable for owner-occupiers or investors.
Where is this office building located?
The property is located at 795 Crestview Cir NW Port Charlotte, FL.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Newly reduced price of $484,000 offers substantial value.; Excellent location on Tamiami Trail across from Walmart Neighborhood Market with northbound turn lane.; Stand‑alone building suitable for owner‑occupiers or investors.
