Self-Storage Unit With Overhead
For Sale
$187,200
A1-3921 Taylor Rd, Punta Gorda, FL 33950
Storage condominium unit with mini-split air conditioning, electrical service, and access to shared restrooms.
Property Size1,248 SF
Price / SF$150
Days on Market174
Property Features for A1-3921 Taylor Rd
General Information
Standard status
Active
Size
1,248 SF
Warehouse & Industrial
Warehouse Space
1,248 SF
Conditioned Warehouse
Yes
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$2,879
Listing Agency:
COLDWELL BANKER REALTY
(941) 268-4423
Listed By:
Kayla Weiss-Bohnstedt · License #3370154
(941) 268-4423
Source:
Exprealty
Added: Mar 10
Changed: Aug 30
Last Checked: Jul 20 at 2:39PM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
Unit A1 is a 1,248 SF storage condominium within Taylor Coach Caves Condos. The space measures 52' by 24' and includes a 16' wide by 14' high automatic overhead door. Interior features include mini-split air conditioning, one 50 AMP outlet, and two 30 AMP outlets. Shared restrooms and an RV sewer dump station are also available.
The property is located at 3921 Taylor Rd in Punta Gorda, approximately 1.3 miles from I75. The condominium association does not permit business, commercial, or industrial use, making the unit subject to storage-only use restrictions. Vehicle, boat, and RV storage are identified uses for the space.
The property is located at 3921 Taylor Rd in Punta Gorda, approximately 1.3 miles from I75. The condominium association does not permit business, commercial, or industrial use, making the unit subject to storage-only use restrictions. Vehicle, boat, and RV storage are identified uses for the space.
Key Highlights
- 1,248 SF Unit A1 at Taylor Coach Caves Condos
- 52' by 24' unit with a 16' width by 14' height automatic overhead door
- Located approximately 1.3 miles from I75 in Punta Gorda
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
$12,742
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
6.81%
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%
$254,840
$254.8K
Cap Rate 7%
$182,029
$182.0K
Cap Rate 9%
$141,578
$141.6K
Market Conditions
NOI Build-Up for 1,248 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
$19.5K $15.60/SF
− Vacancy
−$1.3K −$1.01/SF
EGI
$18.2K $14.59/SF
− OpEx
−$5.5K −$4.38/SF
NOI
$12.7K $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%
$254,840
Cap Rate 7%
$182,029
Cap Rate 9%
$141,578
Alternative Uses
Best Use
Self Storage
$182.0K
$159.3K – $212.4K
NOI $12,742 @ 7.0% cap · market cap 6.81%
Second Best
Warehouse
$167.3K
$146.4K – $195.2K
NOI $11,711 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$408.6K
$357.6K – $476.7K
NOI $28,604 @ 7.0% cap · market cap 15.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
713
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
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Frequently Asked Questions
What type of property is this?
Self storage facility - Storage condominium unit with mini-split air conditioning, electrical service, and access to shared restrooms.
Where is this self storage facility located?
The property is located at A1-3921 Taylor Rd Punta Gorda, FL.
What is the asking price?
The asking price for this property is $187,200.
What are key features of this property?
This property features: 1,248 SF Unit A1 at Taylor Coach Caves Condos; 52' by 24' unit with a 16' width by 14' height automatic overhead door; Located approximately 1.3 miles from I75 in Punta Gorda
