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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Retail space
209 Olympia Ave Punta Gorda, FL 33950-4819
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-4135679
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1935
Construction
BRICK
Total area
4,277 SF
Lot
0.16 ac (6,900 SF)
Zoning code
CC
APN
41-23-06-381-002
UPID
US18-4135679
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
Current use
Occupant on record · Public records
-
Big Cheese Eatery Bakery Specialty Food Shop
-
Mint Thai Cuisine Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$925k
Owner & transaction history
209 West Olympia LLC · 5 yrs held
209 West Olympia LLC
since 2020
Last sale
$750,000
2 recorded transactions
Zoning & alternative use
CC · Punta Gorda, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+33.3%
Auto repair, garage
$1.2M
+21.5%
Medical building
$1.0M
+2.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Punta Gorda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Punta Gorda submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$730,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,270,000
6.5%
$1,170,000
7%
$1,085,000
Alternative Use
Use
Estimation
RETAIL STORES
$990,000
Current use
COMMERCIAL (GENERAL)
$1,320,000
Change: +33% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,205,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$1,020,000
Change: +3% · Conversion: Difficult
OFFICE BUILDING
$880,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $750k (Sep 21 2020)
Last sale anchor
$750k
Sep 21 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$216 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,310
Tax year 2023
Assessed value
$659,937
Assessed 2023
Previous assessed
$708,760
-6.9% YoY
Effective rate
1.87%
On assessed value
Land market value
$172,500
Improvement market value
$335,548
Total market value
$508,048
Applied tax rate
152.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1935
Construction
BRICK
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Rooms
2
Bathrooms
7
Total area
4,277 SF
Lot
0.16 ac (6,900 SF)
Zoning code
CC
APN
41-23-06-381-002
UPID
US18-4135679
Jurisdiction
CHARLOTTE
Zoning & alternative use
CC · Punta Gorda, FL
Zoning CC · permitted uses
CC · Punta Gorda, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Punta Gorda. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$990,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$880,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1935
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Rooms
2
Bathrooms
7
Lot
0.16 ac
Current owner
From public records · entity-resolved
209 West Olympia LLC
Entity
Mailing address
9975 BISHOP CRK WAY, PUNTA GORDA, FL 33950-5348
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2020
$750,000
209 West Olympia LLC
Jerome S Presseller
Warranty Deed
$700,000 · Centennial Bank
—
—
Jerome S Presseller
—
Deed Of Trust
related
$429,600 · Charlotte State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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