Property summary
This exceptional 5-acre commercial land parcel presents a remarkable development opportunity in Port Charlotte, Florida. Strategically located at the corner of Hwy 776 and the Charlotte Sports Park (home of the Tampa Bay Rays Spring Training), this property boasts 600 feet of frontage on Hwy 776, experiencing combined daily traffic counts exceeding 40,000 vehicles. The site features flat topography and readily available utilities, making it ideal for immediate development. Zoned for… Commercial General use, the property is well-suited for a variety of commercial ventures, with the county expressing interest in family-oriented developments such as restaurants, hotels, and children's centers. This location benefits from its proximity to the Charlotte County Fairgrounds, the West Port community (approximately 2,000 single-family and multi-family dwellings), and the Port Charlotte Town Center (over 1 million square feet of retail space). The high demand is evident, with only five comparable properties proposed or under construction within a five-mile radius, and occupancy rates exceeding 97%. The surrounding area boasts a strong demographic profile, with an average household income of $86,172 and $1.4 billion in annual consumer spending within a five-mile radius. The 5-acre parcel includes approximately 4 acres of usable land, priced at $796,000 per acre, for a total asking price of $3,250,000. The area's population growth is projected to exceed 10% within a five-mile radius, making this a truly exceptional investment opportunity. The property's location at the entrance to the Rays Stadium ensures high visibility and accessibility. Recent approvals for an additional 150-acre master-planned development further underscore the area's growth potential.
Ownership intelligence
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Owner contacts
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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Comparables
6 recorded sales · 16 properties nearbyComparable nearby
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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- Full Property Data
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight