Office Warehouse Condominium
E1-19800 Veterans Blvd Port Charlotte, FL 33954
E1-19800 Veterans Blvd, Port Charlotte, FL, 33954
$400,000
For Sale
$400,000
Office warehouse unit in a professional condominium with private windowed restroom and two large bay doors.
Property Size1,150 SF
Price / SF$347.83
Days on Market72
Property Features for E1-19800 Veterans Blvd
General Information
- Standard status
- Active
- Size
- 1,150 SF
Listing agency
REALTY ASSOCIATES OF CAPE CORA
(239) 738-1698
Listed by
Leslie Valentino · License #252012054
(239) 738-1698
Source
Exprealty
Added: May 12 Updated: Jul 22 at 10:32AM Checked: Jul 22 at 10:32AM
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 REALTY ASSOCIATES OF CAPE CORA
Investment Insights
Based on property information with market context.
Office warehouse condominium unit located at E1-19800 Veterans Blvd in Port Charlotte, FL. The space is part of a professional condominium association and is suited for low-intensity industrial use under IG zoning.
Built in 2002 with CBC construction, the unit includes a private bathroom with windows and a functional, open floor plan. Two large bay doors support practical loading and access, and the property also features an insulated attic.
This listing is offered as a single unit sale or may be purchased together with the adjacent unit for a combined option.
Built in 2002 with CBC construction, the unit includes a private bathroom with windows and a functional, open floor plan. Two large bay doors support practical loading and access, and the property also features an insulated attic.
This listing is offered as a single unit sale or may be purchased together with the adjacent unit for a combined option.
Key Highlights
- Office warehouse unit in a professional condominium association
- Private bathroom with windows
- Features 2 large bay doors
Local Financial Insights For Office B
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 | $24.8k | $21.60 |
| − Vacancy | −$5.9k | −$5.10 |
| EGI | $19.0k | $16.50 |
| − OpEx | −$4.7k | −$4.13 |
| NOI | $14.2k | $12.38 |
1,150 SF · lease $21.60/SF/yr · vacancy 23.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$203.3K
$177.9K – $237.2K
NOI $14,233 @ 7.0% cap · market cap 3.56%
Second Best
Warehouse
$154.2K
$134.9K – $179.9K
NOI $10,792 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$376.5K
$329.5K – $439.3K
NOI $26,358 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Office warehouse unit in a professional condominium with private windowed restroom and two large bay doors.
Where is this flex space located?
The property is located at E1-19800 Veterans Blvd Port Charlotte, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Office warehouse unit in a professional condominium association; Private bathroom with windows; Features 2 large bay doors