Double-Unit RV Storage
For Sale
$280,000
8290 BURNT STORE ROAD, Punta Gorda, FL 33950
Commercial Sale, PUNTA GORDA, FL
Property Size1,768 SF
Lot Size0.03 Acres
Price / SF$158.37
Days on Market103
Property Features for 8290 BURNT STORE ROAD
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CG
Security features
Security Lighting
Lot features
Fire Hydrant, Flood Zone, Industrial Park, Infrastructure In, Landscaped
Directions
Taylor Road to Burnt Store Road (connects with Fortran, between Jones Loop and Airport Road); turn onto Burnt Store Road to Toy Storage Condominium (two, opposing, warehouse buildings), B Building is on your right. Security gated entry.
Subdivision
33950 - Punta Gorda
Standard status
Active
APN
412317579013
Size
1,768 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CT2 000 000B 00B5 CONDOMINIUM TOY STORAGE II BLDG B UN B5 4028/1569 4028/1959CT2 000 000B 00B6 CONDOMINIUM TOY STORAGE II BLDG B UN B6 4028/1569 4028/1959
Tax Annual Amount
4447
Legal Description
CT2 000 000B 00B5 CONDOMINIUM TOY STORAGE II BLDG B UN B5 4028/1569 4028/1959CT2 000 000B 00B6 CONDOMINIUM TOY STORAGE II BLDG B UN B6 4028/1569 4028/1959
Building Details
Year built
2015
Floors in Building
1
Flooring type
Concrete
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
FIVE STAR REALTY OF CHARLOTTE
(941) 637-6116
Listed By:
Dan Bussey · License #610519
(941) 628-9590
Added: May 19
Changed: Aug 24
Last Checked: Aug 29 at 12:06AM
MLS# C7526365
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,768-square-foot self-storage condominium combines two adjacent units into one open space without a dividing wall. The configuration accommodates a 45-foot motorhome and multiple vehicles, with approximately 16-foot ceilings, concrete flooring, fluorescent lighting, and two industrial-grade ceiling fans. Each insulated garage door measures 12 feet wide by 14 feet tall and includes an opener. Electrical service includes 50 AMP power at each unit, numerous outlets, and a 120 Volt outlet, while a rear man-door provides secondary access.
The condominium is located within a gated facility consisting of two concrete-block buildings with 16 total units. The property sits off Burnt Store Road between Jones Loop Road and Airport Road in Punta Gorda. Shared facility features include two RV and boat wash stations, a sewage dump station, and his-and-her handicap-accessible bathrooms in Building A. The property was built in 2015, has CG zoning, and is identified as being within Flood Zone AE.
The condominium is located within a gated facility consisting of two concrete-block buildings with 16 total units. The property sits off Burnt Store Road between Jones Loop Road and Airport Road in Punta Gorda. Shared facility features include two RV and boat wash stations, a sewage dump station, and his-and-her handicap-accessible bathrooms in Building A. The property was built in 2015, has CG zoning, and is identified as being within Flood Zone AE.
Key Highlights
- 1,768‑square‑foot combined storage condominium with two adjacent units and no partition wall
- Approximately 16‑foot ceilings with two 12‑foot‑wide by 14‑foot‑tall insulated garage doors
- Each unit includes 50 AMP service, numerous electric outlets, and a 120 Volt outlet
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
$18,052
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
6.45%
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%
$361,040
$361.0K
Cap Rate 7%
$257,886
$257.9K
Cap Rate 9%
$200,578
$200.6K
Market Conditions
NOI Build-Up for 1,768 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
$27.6K $15.60/SF
− Vacancy
−$1.8K −$1.01/SF
EGI
$25.8K $14.59/SF
− OpEx
−$7.7K −$4.38/SF
NOI
$18.1K $10.21/SF
Area
Charlotte County, FL
Vacancy
6.50%
Lease Rate
$15.60 /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%
$361,040
Cap Rate 7%
$257,886
Cap Rate 9%
$200,578
Alternative Uses
Best Use
Self Storage
$257.9K
$225.7K – $300.9K
NOI $18,052 @ 7.0% cap · market cap 6.45%
Second Best
Warehouse
$237.0K
$207.4K – $276.5K
NOI $16,591 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$578.9K
$506.5K – $675.4K
NOI $40,523 @ 7.0% cap · market cap 14.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Explore this area
Business Placement
Demographics for 33950, FL
24,984
Population
16,748
Households
1.5
Avg Household Size
66
Median Age
36%
College-Educated
95%
High-School Grad
17.8 sq mi
ZIP Area
1,404
Density / Sq Mi
$74,484
Median Household Income
$46,032
Median Earnings
$1,192
Median Rent
$393,500
Median Home Value
Market
Vacancy Rate% for Industrial 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?
Self storage facility - Gated storage condominium with oversized access, dedicated electrical service, and shared RV and boat support amenities.
Where is this self storage facility located?
The property is located at 8290 BURNT STORE ROAD Punta Gorda, FL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,768‑square‑foot combined storage condominium with two adjacent units and no partition wall; Approximately 16‑foot ceilings with two 12‑foot‑wide by 14‑foot‑tall insulated garage doors; Each unit includes 50 AMP service, numerous electric outlets, and a 120 Volt outlet
