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

    1529 Newton St Port Charlotte, FL 33952

    • Commercial real estate
    For Sale
    View listing
    $25,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3712365
    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

    • Commercial real estate

    Property Details for 1529 Newton St

    Property type
    Commercial real estate

    Description

    This 10,018.8 square foot commercial lot is situated in Port Charlotte, Florida, at 1529 Newton Street, zip code 33952. The property is conveniently located near US 41, offering easy access to various amenities including restaurants, shopping centers (such as Publix and Walmart), and numerous attractions. The lot is naturally wooded and benefits from a desirable location, free from flood zone concerns, HOA fees, and deed restrictions. It's also not located within a scrub jay habitat. The area boasts a wealth of recreational opportunities, including nearby beaches (Englewood Beach, Manasota Key Beach, Boca Grande Beach, Venice Beach, and Siesta Key), boating access via marinas and boat ramps, bike paths, walking trails, public parks, and golf courses. The property's proximity to I-75 provides convenient access to Sarasota and Fort Myers. This presents a unique opportunity for commercial development in a thriving and attractive location. The asking price for this exceptional parcel is $25,000.

    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
    Port Charlotte
    County
    Charlotte
    State
    Florida
    Longitude
    -82.100606
    Latitude
    27.00314

    Comparable in this City

    • $995,000
      1.10 Acres

      Prime Port Charlotte Corner Lot

      1.1-Acre Commercial Land, US 41 Frontage
      3871 Tamiami Trl, Port Charlotte, FL 33952
      View Details
    • $87,000
      0.50 Acres

      Oversized Corner Lot in Port Charlotte

      Half-acre corner lot, ideal for building your dream home.
      1097 Orlando Blvd, Port Charlotte, FL 33952
      View Details
    • Contact for pricing

      Port Charlotte Lot Near Amenities

      Residential lot close to shopping, dining, and transportation.
      22344 Buffalo Ave, Port Charlotte, FL 33952
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    • $38,000
      0.17 Acres

      Cleared Lot in Downtown Port

      Cleared 7,500 sqft lot ready for building in Port Charlotte.
      3420 Croton Ter, Port Charlotte, FL 33952
      View Details
    • Contact for pricing
      0.23 Acres

      Residential Land in Port Charlotte

      Residential lot suitable for building a dream home.
      641 Norwood St NW, Port Charlotte, FL 33952
      View Details
    • Contact for pricing
      0.24 Acres

      Cleared Lot in Port Charlotte

      Prime cleared land near Murdock Circle, ideal for building.
      18417 Daysland Ave, Port Charlotte, FL 33952
      View Details

    Similar Nearby for Sale

    • $995,000
      1.10 Acres

      Prime Port Charlotte Corner Lot

      1.1-Acre Commercial Land, US 41 Frontage
      3871 Tamiami Trl, Port Charlotte, FL 33952
      View Details
    • $87,000
      0.50 Acres

      Oversized Corner Lot in Port Charlotte

      Half-acre corner lot, ideal for building your dream home.
      1097 Orlando Blvd, Port Charlotte, FL 33952
      View Details
    • Contact for pricing

      Port Charlotte Lot Near Amenities

      Residential lot close to shopping, dining, and transportation.
      22344 Buffalo Ave, Port Charlotte, FL 33952
      View Details
    • $38,000
      0.17 Acres

      Cleared Lot in Downtown Port

      Cleared 7,500 sqft lot ready for building in Port Charlotte.
      3420 Croton Ter, Port Charlotte, FL 33952
      View Details
    • Contact for pricing
      0.23 Acres

      Residential Land in Port Charlotte

      Residential lot suitable for building a dream home.
      641 Norwood St NW, Port Charlotte, FL 33952
      View Details
    • Contact for pricing
      0.24 Acres

      Cleared Lot in Port Charlotte

      Prime cleared land near Murdock Circle, ideal for building.
      18417 Daysland Ave, Port Charlotte, FL 33952
      View Details

    Similar Nearby for Lease

    • $18,315 /Mo

      Garden Condo Office Suite

      Professional office suite for lease, ideal for medical or professional use.
      3443 Tamiami Trl, Port Charlotte, FL 33952
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    • Contact for pricing
      44,867 SF

      Remodeled Commercial Space Available

      Remodeled commercial space in landmark Port Charlotte plaza.
      3596 Tamiami Trl, Port Charlotte, FL 33952
      View Details
    • $20 SF/Yr
      1,196 SF

      Port Charlotte Medical Office Space

      Medical office space in the Port Charlotte medical district.
      3417 Tamiami Trl, Port Charlotte, FL 33952
      View Details
    • $15 SF/Yr
      4,650 SF

      Renovated Retail Space on Tamiami Trail

      Prime commercial property with high visibility and flexible zoning.
      3642 Tamiami Trl, Port Charlotte, FL 33952
      View Details
    • Contact for pricing
      23,697 SF

      Medical Office in Parkside District

      Move-in ready medical office near hospitals and shopping.
      2496 Caring Way, Port Charlotte, FL 33952
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space For Rent

      Retail space available for lease in Port Charlotte, Florida.
      3280 Tamiami Trl, Port Charlotte, FL 33952
      View Details
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    1529 Newton St
    Port Charlotte, FL 33952
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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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