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Industrial Condo with Overhead Access
For Sale
$199,000

D9-19800 Veterans Blvd, Port Charlotte, FL 33954

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

Property Size1,150 SF
Price / SF$173.04
Days on Market163

Property Features for D9-19800 Veterans Blvd

General Information

Standard status Active
Size 1,150 SF

Additional Details

Highway 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 19 at 7:22AM

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.

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.

Key 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

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

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 - 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
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