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Property profile & analytics
OFF-MARKET
Estimated value
$3,650,000
Warehouses
23227 Freedom Ave Port Charlotte, FL 33980-2908
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4987851
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1984
Total area
21,930 SF
Lot
2.9 ac (126,324 SF)
Zoning code
MU MIXED USE-RSF
APN
40-22-25-382-004
UPID
US18-4987851
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
-
Broken Spring LLC Building Supply General Contractor
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Storage Sense - Port Charlotte Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.45M
Comparable Approach
Comparable
$3.62M
Blend (final)
Blend
$3.65M
Owner & transaction history
Fuitoribsh Pcfl I LLC · 5 yrs held
Fuitoribsh Pcfl I LLC
since 2021
Last sale
$3.8M
2 recorded transactions
Zoning & alternative use
MU MIXED USE-RSF · Port Charlotte, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.3M
+75.5%
Office building
$2.9M
+17.5%
Commercial (general)
$2.5M
+1.8%
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 Port Charlotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Charlotte 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
$3,110,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,730,000
6.5%
$3,445,000
7%
$3,200,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,440,000
Current use
MEDICAL BUILDING
$4,285,000
Change: +76% · Conversion: Difficult
OFFICE BUILDING
$2,870,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,485,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$2,355,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$3.65M
Range $3.29M – $4.02M · ±10% · vs last sale $3.78M (Jun 25 2021)
Last sale anchor
$3.78M
Jun 25 2021
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
$166 / 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
$66,074
Tax year 2023
Assessed value
$2,998,516
Assessed 2023
Previous assessed
$2,725,924
+10.0% YoY
Effective rate
2.20%
On assessed value
Land market value
$506,559
Improvement market value
$1,359,397
Total market value
$1,865,956
Applied tax rate
103.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Heating
FORCED AIR
Cooling
YES
Buildings
5
Stories
1
Rooms
2
Total area
21,930 SF
Lot
2.9 ac (126,324 SF)
Zoning code
MU MIXED USE-RSF
APN
40-22-25-382-004
UPID
US18-4987851
Jurisdiction
CHARLOTTE
Zoning & alternative use
MU MIXED USE-RSF · Port Charlotte, FL
Zoning MU MIXED USE-RSF · permitted uses
MU MIXED USE-RSF · Port Charlotte, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Charlotte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$4.3M
OFFICE BUILDING
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1984
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Rooms
2
Lot
2.9 ac
Current owner
From public records · entity-resolved
Fuitoribsh Pcfl I LLC
Entity
Mailing address
1 PRESIDENTIAL BLVD STE #201, BALA CYNWYD, PA 19004-1007
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jun 25, 2021
$3,783,000
Fuitoribsh Pcfl I LLC
Mk Storage Ventures LLC
Special Warranty Deed
$3,179,610 · Citi Real Estate Funding INC
Nov 10, 2015
$1,900,000
Mk Storage Ventures LLC
Extra Closet Ltd-ii
Grant Deed
$1,425,000 · Natixis R/e Cap
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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