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    FOR SALE
    Commercial real estate

    17050 Burnt Store Rd, Punta Gorda, FL 33955

    80 ac lot
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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