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    Property profile & analytics

    1308 Tamiami Trl Punta Gorda, FL 33950

    • Automotive properties
    • 2,409 SF
    • 0.43 lot acres
    For Sale
    View listing
    $1,500,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-2913052
    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.

    Current Use by Public Records

    • Tire Discounters of Florida Inc. / Tire Shop / Auto Repair Shop

    Property Details for 1308 Tamiami Trl

    Year built
    1954
    Construction
    CONCRETE BLOCKS
    Lot size
    0.43 lot acres
    Property size
    2,409 SF
    Zone code
    HC
    Property type
    Automotive properties
    APN
    41-23-07-255-005
    APU
    412307255005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.047
    Latitude
    26.9264
    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
    $5,309
    $0.00
    $0.00
    $285,193
    -
    $282,000
    $135,502
    $417,502

    Comparable in this City

    • Value Estimation
      $3,845,000
      7,860 SF

      2021 Tamiami Trl

      VEHICLE SALES, RENTALS • 7,860 SF
      2021 Tamiami Trl, Punta Gorda, FL 33950-5919
      View Details
    • Value Estimation
      $515,000
      3,660 SF

      127 Carmalita St, Unit 113

      VEHICLE SALES, RENTALS • 3,660 SF
      127 Carmalita St, Punta Gorda, FL 33950-5623
      View Details
    • Value Estimation
      $8,825,000
      33,600 SF

      2323 Tamiami Trl

      VEHICLE SALES, RENTALS • 33,600 SF
      2323 Tamiami Trl, Punta Gorda, FL 33950-5925
      View Details
    • Value Estimation
      $3,255,000
      1,612 SF

      2725 Tamiami Trl

      VEHICLE SALES, RENTALS • 1,612 SF
      2725 Tamiami Trl, Punta Gorda, FL 33950-6963
      View Details
    • Value Estimation
      $520,000
      1,447 SF

      3305 Tamiami Trl

      VEHICLE SALES, RENTALS • 1,447 SF
      3305 Tamiami Trl, Punta Gorda, FL 33950-7237
      View Details
    • Value Estimation by Request
      800 SF

      4225 Taylor Rd

      VEHICLE SALES, RENTALS • 800 SF
      4225 Taylor Rd, Punta Gorda, FL 33950-4718
      View Details

    Similar Nearby for Sale

    • $235,000
      0.03 Acres

      Taylor Coach Caves Condominium

      Condominium unit suitable for storage, hobbies, and personal use.
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    • $1,500,000
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      Punta Gorda Commercial Land

      Commercial land and business for sale in Punta Gorda, FL.
      1308 Tamiami Trl, Punta Gorda, FL 33950
      View Details
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      Punta Gorda Pre-Construction Storage Unit

      Pre-construction storage unit for sale in Punta Gorda, Florida.
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    • $1,100,000
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      Downtown Punta Gorda Retail Opportunity

      Prime downtown location with high visibility and convenient parking.
      140 Tamiami Trl, Punta Gorda, FL 33950
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      Punta Gorda Warehouse Condo

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      Turnkey Restaurant in Punta Gorda

      Freestanding restaurant with parking in downtown Punta Gorda, Florida.
      320 Sullivan St, Punta Gorda, FL 33950
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    Similar Nearby for Lease

    • $163,080

      Spacious Retail Property Near I-75

      Divisible 9060 SF retail space near I-75 and airport.
      10169 Tamiami Trl, Punta Gorda, FL 33950
      View Details
    • $18 SF/Yr
      9,708 SF

      Versatile Retail Space Near I-75

      Divisible 9,060 SF retail space with ample parking.
      10169 Tamiami Trl, Punta Gorda, FL 33950
      View Details
    • Contact for pricing
      4,000 SF

      Punta Gorda Retail Space For Lease

      Prime Retail Location, Flexible Spaces Available
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    • $816,959

      Punta Gorda Isles Retail/Office Units

      Retail and office units in Punta Gorda Isles available.
      1125 Bal Harbor Blvd, Punta Gorda, FL 33950
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      63,294 SF

      Bal Harbor Plaza: Punta Gorda Retail

      Prime Punta Gorda Isles retail center
      1133 Bal Harbor Blvd, Punta Gorda, FL 33950
      View Details
    • Contact for pricing
      1,007 SF

      Retail Space in Punta Gorda

      Retail space available for lease in Punta Gorda, Florida.
      3941 Tamiami Trl, Punta Gorda, FL 33950
      View Details
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    Punta Gorda, FL 33950
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    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
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