Standalone Office
For Sale
Contact for pricing
795 Crestview Cir NW, Port Charlotte, FL 33948
Standalone office property with rear parking and access via Mirado Lane NW.
Property Size2,248 SF
Price / SF$204.63
Days on Market130
Property Features for 795 Crestview Cir NW
General Information
Standard status
Active
Size
2,248 SF
Property subtype
OFFICE
Additional Details
Road Access
Yes
Listing Agency:
LQ Commercial | Tampa
(941) 815-2129
Listed By:
Howard Corr · License #3266041
(941) 815-2129
Source:
Moodyscre
Added: Apr 2
Changed: Jul 31
Last Checked: Jul 31 at 4:01PM
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 LQ Commercial | Tampa
Investment Insights
Based on property information with market context.
This standalone office building contains 2,248 square feet and includes parking behind the building. Rear parking is accessible via Mirado Lane NW, providing on-site spaces for staff, guests, and clients.
The property is located at 795 Crestview Cir NW in Port Charlotte, across from Walmart Neighborhood Market on Tamiami Trail. Northbound traffic can turn onto Crestview from Tamiami Trail, providing direct access to the property.
The property is located at 795 Crestview Cir NW in Port Charlotte, across from Walmart Neighborhood Market on Tamiami Trail. Northbound traffic can turn onto Crestview from Tamiami Trail, providing direct access to the property.
Key Highlights
- 2,248‑square‑foot standalone office building
- Rear parking accessible via Mirado Lane NW
- On‑site parking for staff, guests, and clients
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
$31,435
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
6.83%
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%
$628,700
$628.7K
Cap Rate 7%
$449,071
$449.1K
Cap Rate 9%
$349,278
$349.3K
Market Conditions
NOI Build-Up for 2,248 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
$58.5K $26.04/SF
− Vacancy
−$6.1K −$2.73/SF
EGI
$52.4K $23.31/SF
− OpEx
−$21.0K −$9.32/SF
NOI
$31.4K $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%
$628,700
Cap Rate 7%
$449,071
Cap Rate 9%
$349,278
Alternative Uses
Best Use
Healthcare Medical
$449.1K
$392.9K – $523.9K
NOI $31,435 @ 7.0% cap · market cap 6.83%
Second Best
Office B
$397.5K
$347.8K – $463.7K
NOI $27,823 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$736.1K
$644.1K – $858.7K
NOI $51,524 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
741
Businesses Nearby
Explore this area
Business Placement
Demographics for 33948, FL
17,190
Population
9,297
Households
1.8
Avg Household Size
57
Median Age
20%
College-Educated
92%
High-School Grad
13.0 sq mi
ZIP Area
1,322
Density / Sq Mi
$60,788
Median Household Income
$33,979
Median Earnings
$1,384
Median Rent
$279,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Standalone office property with rear parking and access via Mirado Lane NW.
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: 2,248‑square‑foot standalone office building; Rear parking accessible via Mirado Lane NW; On‑site parking for staff, guests, and clients
