8495 Placida Rd, Placida, FL 33946
Retail space
- Added:
- Oct 21, 2023
- Days on Market:
- 964
- Last Refresh:
- May 12 at 10:49 pm
Property Features for 8495 Placida Rd
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Lot size
- 0.63 Acres
- Property subtype
- Retail
Listing agent Kevin Riordan License #SL 33660231
Listing office MERRITT REALTY
Listing date Oct 21, 2023
Source Crexi
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 MERRITT REALTY
HighLights
- Prime .63 acre out parcel in Placida, FL.
- Located near Boca Grande, Palm Island, and Gasparilla Island.
- High return on investment potential.
- Prime frontage on Placida Road.
- Situated in the Cape Haze Shopping Plaza.
- High visibility and exposure due to high traffic area.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.7k | $26.28 |
| − Vacancy | −$2.9k | −$0.87 |
| EGI | $83.9k | $25.41 |
| − OpEx | −$25.2k | −$7.62 |
| NOI | $58.7k | $17.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Placida
- County
- Charlotte
- State
- Florida
- Longitude
- -82.2990638
- Latitude
- 26.859482
