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Property profile & analytics
OFF-MARKET
Estimated value
$11,550,000
Warehouses
23950 Veterans Blvd Port Charlotte, FL 33954-2828
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4523518
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2021
Total area
75,400 SF
Lot
5.14 ac (223,898 SF)
Zoning code
PD PLANNED DEVELOPMENT
APN
40-23-06-326-002
UPID
US18-4523518
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
-
Trailer Rental at U-Haul Car Rental Facility
-
U-Haul Moving & Storage of Port Charlotte Storage Facility
-
Truck Sales at U-Haul Car Dealership
-
Truck Rental at U-Haul Car Rental Facility
-
Moving Supplies at U-Haul Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.85M
Comparable Approach
Comparable
$14.62M
Blend (final)
Blend
$11.55M
Owner & transaction history
U Haul Co Of Florida · 5 yrs held
U Haul Co Of Florida
since 2021
Last sale
$10.0M
5 recorded transactions
Zoning & alternative use
PD PLANNED DEVELOPMENT · Port Charlotte, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$14.7M
+23.1%
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
$8,215,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,830,000
6.5%
$11,845,000
7%
$11,000,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$11,965,000
Current use
MEDICAL BUILDING
$14,725,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$9,860,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$11.55M
Range $10.40M – $12.71M · ±10% · vs last sale $10.00M (Jun 1 2021)
Last sale anchor
$10.00M
Jun 1 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
$153 / 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
$189,663
Tax year 2023
Assessed value
$7,238,738
Assessed 2023
Previous assessed
$6,580,671
+10.0% YoY
Effective rate
2.62%
On assessed value
Land market value
$1,343,388
Improvement market value
$7,169,552
Total market value
$8,512,940
Applied tax rate
108.0000
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
2021
Heating
NONE
Buildings
4
Stories
3
Total area
75,400 SF
Lot
5.14 ac (223,898 SF)
Zoning code
PD PLANNED DEVELOPMENT
APN
40-23-06-326-002
UPID
US18-4523518
Jurisdiction
CHARLOTTE
Zoning & alternative use
PD PLANNED DEVELOPMENT · Port Charlotte, FL
Zoning PD PLANNED DEVELOPMENT · permitted uses
PD PLANNED DEVELOPMENT · 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
$12.0M
MEDICAL BUILDING
Est. value
$14.7M
OFFICE BUILDING
Est. value
$9.9M
WAREHOUSE, STORAGE Current
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
2021
Heating
NONE
Stories
3
Buildings
4
Lot
5.14 ac
Current owner
From public records · entity-resolved
U Haul Co Of Florida
Entity
Free & Clear · 5 yrs held
Mailing address
2721 N CENTRAL AVE, PHOENIX, AZ 85004-1127
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2021
$10,000,000
U Haul Co Of Florida
Par Storage Port Charlotte LLC
Warranty Deed
—
Jun 16, 2020
—
Par Storage Port Charlotte LLC
—
Deed
related
$5,541,234 · Centennial Bank
Feb 19, 2020
$1,000,000
Par Storage Port Charlotte LLC
Charlotte Commons Venture LLC
Grant Deed
—
Nov 14, 2016
$4,989,800
Charlotte Commons Venture LLC
Redus One LLC
Grant Deed
—
May 19, 2008
$7,000,000
Charlotte Commons LLC
Moore,james E III
Grant Deed
$18,100,000 · Wells Fargo 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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