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Industrial Flex Condo with Overhead Door
For Sale
$199,000

D8-19800 Veterans Blvd, Port Charlotte, FL 33954

Functional industrial flex condo with overhead door access and parking, suited for warehouse and light industrial users.

Property Size1,150 SF
Price / SF$173.04
Days on Market158

Property Features for D8-19800 Veterans Blvd

General Information

Standard status Active
Size 1,150 SF

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $1,872
Listing Agency: KW PEACE RIVER PARTNERS
Listed By: Danny Nix · License #3307013
Source: Exprealty
Added: May 12 Changed: Oct 2 Last Checked: Oct 14 at 11:27PM

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 KW PEACE RIVER PARTNERS

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Investment Insights

Based on property information with market context.

This industrial commercial condo offers a flexible layout designed to support warehouse, distribution, light industrial, contractor, or service-based operations. The unit includes overhead door access for practical loading and delivery workflows, along with ample parking for staff and visitors.

Located at 19800 Veterans Blvd in Port Charlotte, Florida, the condo provides convenient access to US-41 and I-75 and the surrounding commercial corridors. The property also benefits from visibility along Veterans Blvd, which can support day-to-day operations for businesses serving customers across Charlotte County and Southwest Florida.

As an industrial condo, this offering can fit both owner-users and investors looking for a manageable industrial space in a developing area that includes retail, industrial, and professional development. The combination of overhead door access, parking, and flexible industrial use supports a range of operational needs, from distribution to contracting and other service-oriented light industrial uses. All details should be verified for accuracy.

Key Highlights

  • Industrial commercial condo at 19800 Veterans Blvd in Port Charlotte, FL
  • Functional layout suited for warehouse, distribution, light industrial, contractor, or service‑based businesses
  • Overhead door access provides convenient loading and industrial functionality

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,792
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,840 $215.8K
Cap Rate 7%
$154,171 $154.2K
Cap Rate 9%
$119,911 $119.9K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$13.8K $12.00/SF
− Vacancy
−$1.1K −$0.96/SF
EGI
$12.7K $11.04/SF
− OpEx
−$1.9K −$1.66/SF
NOI
$10.8K $9.38/SF
Area
Charlotte County, FL
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,840
Cap Rate 7%
$154,171
Cap Rate 9%
$119,911

Alternative Uses

Best Use
Warehouse
$154.2K
$134.9K – $179.9K (±1% cap)
NOI $10,792 @ 7.0% cap · market cap 5.42%
Second Best
Flex RnD
$146.6K
$128.2K – $171.0K (±1% cap)
NOI $10,259 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$376.5K
$329.5K – $439.3K (±1% cap)
NOI $26,358 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Hotel & Motel (Bike/Boat/Book/etc) Store Daycare Center Florist Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,634
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33954, FL

11,040
Population
5,099
Households
2.2
Avg Household Size
52
Median Age
23%
College-Educated
92%
High-School Grad
8.6 sq mi
ZIP Area
1,284
Density / Sq Mi
$83,081
Median Household Income
$43,823
Median Earnings
$1,830
Median Rent
$304,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Functional industrial flex condo with overhead door access and parking, suited for warehouse and light industrial users.
Where is this flex space located?
The property is located at D8-19800 Veterans Blvd Port Charlotte, FL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Industrial commercial condo at 19800 Veterans Blvd in Port Charlotte, FL; Functional layout suited for warehouse, distribution, light industrial, contractor, or service‑based businesses; Overhead door access provides convenient loading and industrial functionality
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