Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1140 El Jobean Rd Port Charlotte, FL 33948-1012
    Property profile & analytics

    1140 El Jobean Rd, Port Charlotte, FL 33948-1012

    View on Map
    • Drive through restaurants
    • 4,372 SF
    • 0.99 lot acres
    Off-Market
    Property ID
    US18-5214439
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,015,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Culver's / Restaurant

    Property Details for 1140 El Jobean Rd

    Year built
    2015
    Lot size
    0.99 lot acres
    Zone code
    CG COMMERCIAL-GENERAL
    Property type
    Drive through restaurants
    APN
    40-22-07-179-001
    APU
    402207179001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 21, 2023 — Castle Rock Property Management LLC — Deed · related $5k · Bank Of Wisconsin Dells
    May 11, 2020 — Castle Rock Prop Mgmt LLC — Deed · related $188k · Bank Of Wisconsin Dells
    Apr 12, 2018 — Castle Rock Prop Mgmt LLC — Deed · related $1.3M · Bank Of Wisconsin Dells
    Jul 14, 2016 — Castle Rock Property Mgmt LLC — Deed · related $1.3M · Bank Of Wisconsin Dells
    Jun 10, 2015 — Castle Rock Property Mgmt LLC — Trustees Deed · related $873k · Bank Of Wisconsin Dells
    Nov 21, 2014 $650,000 Castle Rock Property Mgmt LLC 2011 Falls Creek LP Grant Deed $495k · Bank Of Wisconsin Dells
    Oct 19, 2011 $8,200,000 2011 Falls Creek LP Port Charlotte-falls Creek Dev Warranty Deed —
    Jun 29, 2006 — Charlotte-falls Creek Dev Port — Trustees Deed · related $2.1M · Integra Bank Pittsburgh
    Jun 30, 2005 $3,035,000 Charlotte-falls Creek Dev Port Bermuda Investments Lc Grant Deed $6.3M · Fifth Third Bank
    Aug 7, 2003 $1,581,400 Bermuda Investments Lc Bacon,william L & Lynn S Grant Deed $1.2M · Peninsula Bank
    — — Castle Rock Property Mgmt LLC — Deed Of Trust · related $1.2M · Bank Of Wisconsin Dells
    — — Castle Rock Prop Mgmt LLC — Loan Modification · related $188k · Bank Of Wisconsin Dells
    — — Castle Rock Property Mgmt LLC — Deed Of Trust · related $1.3M · Bank Of Wisconsin Dells
    — — Castle Rock Prop Mgmt LLC — Loan Modification · related $1.3M · Bank Of Wisconsin Dells

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,016,000
      Market price range: $995k - $2.02M
      AI Estimate
      $2,016,000
      Market price range: $995k - $2.02M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,490,000
      Current use
      AUTO REPAIR, GARAGE
      $1,310,000
      Change: -12% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Port Charlotte
    County
    Charlotte
    State
    Florida
    Longitude
    -82.1506
    Latitude
    27.0108
    CBSA code
    39460
    CBSA name
    PUNTA GORDA, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,303
    $0.00
    $0.00
    $1,888,955
    -
    $1,080,550
    $1,141,750
    $2,222,300

    Comparable in this City

    • Value Estimation
      $1,470,000
      3,128 SF

      19680 Cochran Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      19680 Cochran Blvd, Port Charlotte, FL 33948-2073
      View Details
    • Value Estimation
      $1,770,000
      3,836 SF

      19590 Cochran Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      19590 Cochran Blvd, Port Charlotte, FL 33948-2066
      View Details
    • Value Estimation
      $1,020,000
      2,976 SF

      1380 Tamiami Trl

      DRIVE-THRU RESTAURANT, FAST FOOD
      1380 Tamiami Trl, Port Charlotte, FL 33948-1004
      View Details
    • Value Estimation by Request
      720 SF

      1793 Tamiami Trl

      DRIVE-THRU RESTAURANT, FAST FOOD
      1793 Tamiami Trl, Port Charlotte, FL 33948-1044
      View Details
    • Value Estimation
      $1,745,000
      3,780 SF

      1805 Tamiami Trl

      DRIVE-THRU RESTAURANT, FAST FOOD
      1805 Tamiami Trl, Port Charlotte, FL 33948-1046
      View Details
    • Value Estimation
      $870,000
      2,244 SF

      1710 Tamiami Trl

      DRIVE-THRU RESTAURANT, FAST FOOD
      1710 Tamiami Trl, Port Charlotte, FL 33948-1095
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,738 SF

      Mammoth Car Wash Investment Opportunity

      NNN leased car wash with annual rent increases.
      2105 S Tamiami Trl, Port Charlotte, FL 33948
      View Details
    • Contact for pricing

      Prime Commercial Parcels Available

      Parcels for purchase, build-to-suit, ground lease, or multi-tenant lease.
      27.001700235816834 -82.18003263586412, Port Charlotte, FL 33948
      View Details
    • Contact for pricing
      0.23 Acres

      Residential Lot in Port Charlotte

      Land with county water available, close to shopping and schools.
      3226 Majestic St, Port Charlotte, FL 33948
      View Details
    • Contact for pricing
      0.23 Acres

      Residential Lot in Port Charlotte

      Residential lot ready for building in Port Charlotte, Florida.
      18052 Jabiru Ave, Port Charlotte, FL 33948
      View Details
    • Contact for pricing
      0.23 Acres

      Port Charlotte Land Opportunity

      Desirable lot in developing El Jobean area, Port Charlotte.
      2312 Redfern St, Port Charlotte, FL 33948
      View Details
    • $175,000
      0.23 Acres

      Waterfront Lot for Dream Home

      Waterfront lot with seawall, ideal for water lovers.
      17178 Marydale Rd, Port Charlotte, FL 33948
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Class A Office Building

      Full-service office building with drive-thru unit and outparcel.
      18501 Murdock Cir, Port Charlotte, FL 33948
      View Details
    • Contact for pricing
      800 SF

      Prime Drive-Thru Opportunity Available

      Drive-thru unit for lease in a high-traffic professional district.
      18501 Murdock Cir, Port Charlotte, FL 33948
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Publix-Anchored Center

      Retail space available in a busy, established shopping center.
      1808 Tamiami Trl, Port Charlotte, FL 33948
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Publix-Anchored Center

      Retail space for lease in a busy shopping center.
      1804 Tamiami Trl, Port Charlotte, FL 33948
      View Details
    • $16,000 /Mo

      Class A Office Building

      Full-service office building with amenities and high visibility.
      18501 Murdock Cir, Port Charlotte, FL 33948
      View Details

    Property Visit Statistics

    • Visits by month
      22.2k
    • Visitors by month
      19.4k
    • Avg Time on site
      22 min
    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.
    1140 El Jobean Rd
    Port Charlotte, FL 33948-1012
    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
    1140 El Jobean Rd, Port Charlotte, FL, 33948
    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!