Multi-Unit Industrial
For Sale
$749,900
O-23064 Harborview Rd, Port Charlotte, FL 33980
IG-zoned warehouse with multiple suites and two bathrooms for flexible industrial occupancy.
Property Size8,800 SF
Price / SF$85.22
Days on Market54
Property Features for O-23064 Harborview Rd
General Information
Standard status
Active
Size
8,800 SF
Zoning
IG
Taxes and HOA fees
Annual Taxes
$12,618
Building Details
Buildings
1
Building Size
8,800 SF
Listing Agency:
Thomas Ryan Real Estate Manage
Listed By:
Shannon Gadbois · License #274500493
(941) 833-4777
Source:
Exprealty
Added: Sep 3
Changed: Oct 25
Last Checked: Oct 24 at 5:47PM
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 Thomas Ryan Real Estate Manage
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This approximately 8,800-square-foot warehouse is configured as seven individual units, including one double unit, creating a multi-suite industrial property with adaptable occupancy options. The building also includes two bathrooms and carries IG (Industrial General) zoning, supporting a range of industrial and commercial uses.
The property is on Harborview Road near the intersection with Kings Highway in Charlotte Harbor. Its location provides exposure along a prominent corridor and convenient access to the surrounding road network. The existing unit layout can accommodate an owner-user, multiple occupants, or a combination of business and leasing uses.
The property is on Harborview Road near the intersection with Kings Highway in Charlotte Harbor. Its location provides exposure along a prominent corridor and convenient access to the surrounding road network. The existing unit layout can accommodate an owner-user, multiple occupants, or a combination of business and leasing uses.
Key Highlights
- Approximately 8,800 square feet of industrial warehouse space
- Seven individual units, including one double unit
- IG (Industrial General) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,006
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,360,120
$1.4M
Cap Rate 7%
$971,514
$971.5K
Cap Rate 9%
$755,622
$755.6K
Market Conditions
NOI Build-Up for 8,800 SF
Gross rent
$105.6K $12.00/SF
− Vacancy
−$8.4K −$0.96/SF
EGI
$97.2K $11.04/SF
− OpEx
−$29.1K −$3.31/SF
NOI
$68.0K $7.73/SF
Area
Charlotte County, FL
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,360,120
Cap Rate 7%
$971,514
Cap Rate 9%
$755,622
Alternative Uses
Best Use
Warehouse
$1.18M
$1.03M – $1.38M
NOI $82,579 @ 7.0% cap · market cap 11.01%
Second Best
Flex RnD
$1.12M
$981.3K – $1.31M
NOI $78,507 @ 7.0% cap · market cap 10.47%
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,696 @ 7.0% cap · market cap 26.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
987
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33980, FL
11,762
Population
8,108
Households
1.5
Avg Household Size
63
Median Age
21%
College-Educated
92%
High-School Grad
9.2 sq mi
ZIP Area
1,278
Density / Sq Mi
$61,871
Median Household Income
$33,365
Median Earnings
$1,216
Median Rent
$221,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Storage Sense - Port Charlotte — 23227 Freedom Ave, Port Charlotte, FL 33980
- Extra Space Storage — 4536 Tamiami Trl, Port Charlotte, FL 33980
- Extra Space Storage — 23215 Harbor View Rd, Punta Gorda, FL 33980
- Store at the yard — 23016 Harbor View Rd, Port Charlotte, FL 33980
- Curry Moving & Storage, Inc. — 4456 Tamiami Trl A9, Punta Gorda, FL 33980
Frequently Asked Questions
What type of property is this?
Warehouse - IG-zoned warehouse with multiple suites and two bathrooms for flexible industrial occupancy.
Where is this warehouse located?
The property is located at O-23064 Harborview Rd Port Charlotte, FL.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Approximately 8,800 square feet of industrial warehouse space; Seven individual units, including one double unit; IG (Industrial General) zoning
