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    Industrial Condo with Overhead Access Title is generated by Realmo AI

    D9-19800 Veterans Blvd, Port Charlotte, FL 33954

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    For Sale
    $199,000

    Flexible industrial condo with overhead door access and parking, well suited for warehouse, distribution, or light industrial use.

    Property size:
    1,150 SF
    Price / SF:
    $173/SF
    Added:
    May 12, 2026
    Days on Market:
    25
    Last Refresh:
    Jun 3 at 1:46 am

    Property Features for D9-19800 Veterans Blvd

    General Information

    Standard status
    Active
    Size
    1,150 SF

    We can help!

    Listing Contact
    Danny Nix
    Danny Nix

    Listing agent Danny Nix License #3307013

    Listing office KW PEACE RIVER PARTNERS

    Listing date May 12, 2026

    Source Exprealty

    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

    HighLights

    • Industrial commercial condo at 19800 Veterans Blvd, Port Charlotte, FL
    • Flexible layout for warehouse, distribution, light industrial, contractor, or service‑based businesses
    • Overhead door access for loading and warehouse operations
    • Ample on‑site parking
    • Convenient access to US‑41 and I‑75, serving Charlotte County and Southwest Florida

    Overview

    Industrial commercial condo offering flexible space totaling 1,150 square feet, designed to support warehouse, distribution, light industrial, contractor, and service-based operations. The unit includes overhead door access, along with ample parking, and it benefits from prominent visibility along Veterans Blvd.

    Conveniently located in Port Charlotte with access to major nearby corridors including US-41 and I-75, the property is positioned to serve Charlotte County and Southwest Florida. The surrounding area reflects a mix of retail, industrial, and professional development, supporting both day-to-day operations and longer-term demand for well-situated industrial space.

    This setup is a practical fit for an owner-user looking for a functional industrial base with direct overhead access, or for an investor seeking a manageable commercial condo in a growing business area. With its straightforward configuration and strong location for distribution-style activity, the property can accommodate a range of light industrial and service tenants that value convenient regional connectivity and on-site parking.

    Local Financial Insights For Warehouse

    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 $13.8k $12.00
    − Vacancy −$1.1k −$0.96
    EGI $12.7k $11.04
    − OpEx −$1.9k −$1.66
    NOI $10.8k $9.38
    1,150 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 15.00%

    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 local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Charlotte
    County
    Charlotte
    State
    Florida
    Longitude
    -82.145109
    Latitude
    27.014586

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    FAQs

    What type of property is this?
    Flex space - Flexible industrial condo with overhead door access and parking, well suited for warehouse, distribution, or light industrial use.
    Where is this flex space located?
    The property is located at D9-19800 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, Port Charlotte, FL; Flexible layout for warehouse, distribution, light industrial, contractor, or service‑based businesses; Overhead door access for loading and warehouse operations
    (941) 724-0080
    We can help!
    Listing Contact
    Danny Nix
    Danny Nix
    Real Estate License ID: 3307013
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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