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1129 Tamiami Trl Port Charlotte, FL 33953

OFF-MARKET Warehouses Google Maps
12,144 SF Built 1977
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional industrial property, located at 1129 Tamiami Trail in Port Charlotte, Florida, presents a compelling investment opportunity. The 12,144-square-foot building sits on a 36,750-square-foot lot and boasts a desirable IG zoning designation, offering versatility for various uses. Constructed in 1977, the property features nine garage doors—four on each side (measuring 11' 8" wide x 11' 9" tall) and one at the rear (8' 8" wide x 9' 8" tall). Currently, a portion of the building (6,384 square feet) is occupied by a tenant under a lease expiring April 30, 2025. The asking price is $2,900,000, translating to $238.80 per square foot. Its strategic location on Tamiami Trail, a high-traffic area with an Annual Average Daily Traffic (AADT) count of 38,000 vehicles, provides excellent visibility and accessibility. Furthermore, its proximity to Interstate 75 (just 6.4 miles away) enhances its logistical advantages. This property offers a blend of existing income and significant future potential, making it an attractive addition to any investment portfolio. Detailed floor plans are available upon request. The property's zip code is 33953, and it is situated in Charlotte County.

Property profile

Verified
Property type Warehouses
Year built 1977
Total area 12,144 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply Mill
  • Hardware & Home Improvement Interior Design

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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