Property profile

128 W Charlotte Ave Punta Gorda, FL 33950

FOR SALE
Office buildings
Property ID
US18-3080926
4,817 SF 0.24 ac lot Built 1953
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1953
Construction BRICK
Total area 4,817 SF
Lot 0.24 ac (10,668 SF)
Zoning code CC
APN 41-23-06-387-005
UPID US18-3080926

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
  • Employment Agency Business Service Center
  • Postal Service Courier Service
  • Insurance Agency

Location

128 W Charlotte Ave Punta Gorda, FL 33950
Punta Gorda metro Census 10301 PUNTA GORDA, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$806k
Blend (final) Blend
$505k

Owner & transaction history

since 2015
1 recorded transaction
2015
$425,000

Zoning & alternative use

CC · Punta Gorda, FL
Zoning description

The City Center District is provided to encourage the redevelopment and expansion of the traditional town center. A broad array of uses is expected in a pattern which integrates shops, restaurants, services, work places,…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Medical building $1.2M +16.1%
Retail stores $1.1M +12.8%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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