Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    24496 Sanhill Blvd Punta Gorda, FL 33983

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    24496 Sanhill Blvd Punta Gorda, FL 33983

    View on Map
    • Land
    • 1.20 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 24496 Sanhill Blvd

    Lot size
    1.20 lot acres
    Property type
    Land

    Description

    This exceptional 1.2-acre commercial land parcel is ideally situated in Punta Gorda, Florida, at 24496 Sandhill Blvd., zip code 33983, within Charlotte County. Zoned PD, this property presents a significant opportunity for developers and investors seeking a foothold in a thriving market. The location boasts exceptional visibility and accessibility, with convenient access to Interstate 75 and Kings Highway, ensuring high traffic volume and excellent exposure for any commercial venture. The surrounding area is densely populated, featuring major retailers such as Walmart and Publix, along with numerous national hotels and restaurants, creating a robust customer base. This fast-growing area experiences consistently heavy traffic counts, making it an attractive location for businesses seeking high visibility and accessibility. The asking price for this strategically located property is $887,000. This represents a compelling investment opportunity in a dynamic and rapidly expanding region of Southwest Florida. The property's size and zoning provide considerable flexibility for a variety of commercial developments. Don't miss this chance to acquire a prime piece of commercial real estate in a high-demand location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.0461
    Latitude
    27.0206

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      27205 Amsterdam Dr

      Land • 0.25 Acres
      27205 Amsterdam Dr, Punta Gorda, FL 33983
      View Details
    • Value Estimation by Request
      2.37 Acres

      2150 Luther Rd

      Multifamily properties • 2.37 Acres
      2150 Luther Rd, Punta Gorda, FL 33983
      View Details
    • Value Estimation by Request
      0.23 Acres

      1069 Sulstone Dr

      Land • 0.23 Acres
      1069 Sulstone Dr, Punta Gorda, FL 33983
      View Details
    • Value Estimation by Request
      0.23 Acres

      2257 Halibut Ter

      Land • 0.23 Acres
      2257 Halibut Ter, Punta Gorda, FL 33983
      View Details
    • Value Estimation by Request
      2.13 Acres

      1249 Capricorn Blvd

      Land • 2.13 Acres
      1249 Capricorn Blvd, Punta Gorda, FL 33983
      View Details
    • Value Estimation by Request
      1.10 Acres

      2150 Broadpoint Dr

      Farms • 1.10 Acres
      2150 Broadpoint Dr, Punta Gorda, FL 33983
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.23 Acres

      Harbour Heights Land For Sale

      Land in non-deed restricted waterfront community close to Peace River.
      28150 Harbour Sunrise Dr, Punta Gorda, FL 33983
      View Details
    • $62,000

      Land For Sale

      Land available in Punta Gorda, Florida.
      25380 Panache Ln, Punta Gorda, FL 33983
      View Details
    • Contact for pricing

      Punta Gorda Land For Sale

      Land available in Punta Gorda, Florida.
      2265 Firestone Dr, Punta Gorda, FL 33983
      View Details
    • $219,000
      0.23 Acres

      Waterfront Lot in Harbour Heights

      Waterfront lot ready for your dream home in Florida.
      3334 Dover Dr, Punta Gorda, FL 33983
      View Details

    Similar Nearby for Lease

    • $18,240 /Mo

      Deep Creek Plaza Retail Space

      Retail space in a community-centric plaza with convenient access.
      24901 Sandhill Blvd, Punta Gorda, FL 33983
      View Details
    • $16 SF/Yr
      1,140 SF

      PUNTA GORDA Retail Space

      Retail space in popular Deep Creek Commons Plaza.
      24901 Sandhill Blvd, Punta Gorda, FL 33983
      View Details
    • Contact for pricing

      Punta Gorda Office/Retail Space

      Office or retail space available for rent in Punta Gorda.
      1531-1533 Rio De Janeiro Ave, Punta Gorda, FL 33983
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24496 Sanhill Blvd
    Punta Gorda, FL 33983
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    24496 Sanhill Blvd, Punta Gorda, FL, 33983
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!