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17050 Burnt Store Rd Punta Gorda, FL 33955

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80 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US18-1924891

Property summary

AI-generated overview

This exceptional 80-acre parcel in Punta Gorda, Florida, presents a remarkable opportunity for large-scale residential development. Currently zoned PD (Planned Development), it boasts pre-approved plans for up to 270 townhouses, significantly streamlining the development process. Situated on Burnt Store Road, this prime location offers convenient access to essential utilities, including a nearby lift station. The property's strategic location within the rapidly growing Burnt Store Village and Punta Gorda areas ensures high demand and strong potential for return on investment. Adjacent to the established Woodlands Estates community, this site benefits from existing infrastructure and a desirable neighborhood setting. Access is easily achieved via Harborside Boulevard from Burnt Store Road. Enjoy exceptional connectivity, with quick access to US 41 (10 minutes), I-75 (under 15 minutes), and proximity to Cape Coral, downtown Punta Gorda, Fort Myers, Naples, and Sarasota. The asking price for this expansive development opportunity is $3,300,000. The property's address is 17050 Burnt Store Road, Punta Gorda, FL 33955, within Charlotte County. This is a truly exceptional opportunity to capitalize on the thriving residential market in Southwest Florida.

Property profile

Verified
Property type Land
Lot 80 ac (3,484,800 SF)
UPID US18-1924891

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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