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    Property profile & analytics

    1970 Mccall Rd Englewood, FL 34223-4934

    • Drive through restaurants
    • 2,968 SF
    • 0.96 lot acres
    OFF-MARKET
    Value Estimations
    $715,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US19-0510314
    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

    • Drive through restaurants

    Property Details for 1970 Mccall Rd

    Year built
    1995
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.96 lot acres
    Property size
    2,968 SF
    Zone code
    CG COMMERCIAL-GENERAL
    Property type
    Drive through restaurants
    APN
    41-20-05-302-001
    APU
    412005302001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $910,000
      Market price range: $676k - $1.37M
      AI Estimate
      $515,000
      Market price range: $361k - $830k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,010,000
      Current use
      OFFICE BUILDING
      $880,000
      Change: -13% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $835,000
      Change: -17% Conversion: Difficult
      RETAIL STORES
      $835,000
      Change: -17% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Charlotte
    State
    Florida
    Longitude
    -82.3334
    Latitude
    26.9373
    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
    $10,611
    $0.00
    $0.00
    $521,688
    -
    $502,848
    $236,319
    $739,167

    Comparable in this City

    • Value Estimation
      $565,000
      2,514 SF

      151 Indiana Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,514 SF
      151 Indiana Ave, Englewood, FL 34223-3306
      View Details
    • Value Estimation
      $670,000
      3,344 SF

      171 Indiana Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,344 SF
      171 Indiana Ave, Englewood, FL 34223-3306
      View Details
    • Value Estimation
      $830,000
      2,236 SF

      1901 Mccall Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,236 SF
      1901 Mccall Rd, Englewood, FL 34223-4933
      View Details
    • Value Estimation
      $990,000
      3,255 SF

      1250 Mccall Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,255 SF
      1250 Mccall Rd, Englewood, FL 34223-4258
      View Details
    • Value Estimation
      $1,320,000
      5,265 SF

      1910 Mccall Rd

      RESTAURANT • 5,265 SF
      1910 Mccall Rd, Englewood, FL 34223-4934
      View Details
    • Value Estimation
      $615,000
      2,720 SF

      115 Dearborn St

      RESTAURANT • 2,720 SF
      115 Dearborn St, Englewood, FL 34223-3236
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,762 SF

      Three-Story Building with Parking

      Three-story building with a 300-seat restaurant and 45 parking spaces.
      1855 Gulf Blvd, Englewood, FL 34223
      View Details
    • $2,350,000
      4,933 SF

      Englewood Restaurant & Bar Venue

      Restaurant and bar with live music in downtown Englewood, Florida.
      362 W Dearborn St, Englewood, FL 34223
      View Details
    • $2,225,000

      Prime Commercial Land Opportunity

      Almost an acre of commercially zoned land in Old Englewood.
      348 W Dearborn St, Englewood, FL 34223
      View Details
    • $2,350,000

      Englewood Restaurant & Bar Venue

      Vibrant restaurant and bar with live music in Englewood, Florida.
      362 W Dearborn St, Englewood, FL 34223
      View Details
    • Contact for pricing
      4,933 SF

      Englewood Restaurant & Bar Venue

      Vibrant restaurant and bar with live music in downtown Englewood.
      362 W Dearborn St, Englewood, FL 34223
      View Details
    • $400,000
      2,000 SF

      Englewood Commercial Condo Investment Opportunity

      Two commercial condo units in Englewood, suitable for investment/owner-user.
      406 N Indiana Ave #3, Englewood, FL 34223
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr

      Englewood Retail/Medical Space For Rent

      Highly visible retail or medical space on a major commercial corridor.
      612 N Indiana Ave, Englewood, FL 34223
      View Details
    • $12 SF/Yr
      2,000 SF

      Englewood Shopping Center Retail Space

      Retail space available in a busy Englewood shopping center.
      1720 S Mccall Rd, Englewood, FL 34223
      View Details
    • $13 SF/Yr
      22,091 SF

      Prime Retail Space - The Tower

      High-traffic location, multiple units available.
      612 Indiana Ave, Englewood, FL 34223
      View Details
    • $13 SF/Yr
      26,000 SF

      Englewood Retail Space Available

      Retail spaces available in well-maintained Englewood shopping center.
      445 S Indiana Ave, Englewood, FL 34223
      View Details
    • $48,000

      Retail Space in Busy Center

      Retail space available in high-traffic Englewood shopping center.
      1720 S Mccall Rd, Englewood, FL 34223
      View Details
    • $12 SF/Yr

      Englewood Retail Space For Lease

      Well-maintained shopping center space suitable for retail or other businesses.
      425 S Indiana Ave, Englewood, FL 34223
      View Details
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    Englewood, FL 34223-4934
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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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