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Property profile & analytics
FOR LEASE
Office buildings
252 W Marion Ave Punta Gorda, FL 33950
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-0538050
For Lease
1 / 15
$16,800/Mo
252 W Marion Ave, Punta Gorda, FL 33950
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,536 SF
Lot
0.33 ac (14,572 SF)
Zoning code
CC
APN
41-23-06-354-008
UPID
US18-0538050
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
-
Punta Gorda Chamber of Commerce Business Service Center Advocacy Group
-
SHEPRA Federal Government Office
-
A To Z Marketing Inc Marketing & Advertising
-
Punta Gorda Executive Suites Real Estate Agency
-
Brightway Insurance, The Dan Bell Agency Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$1.94M
Owner & transaction history
Hibiscus Property Group LLC · 13 yrs held
Hibiscus Property Group LLC
since 2012
7 recorded transactions
Zoning & alternative use
CC · Punta Gorda, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.0M
+37.0%
Medical building
$2.5M
+16.1%
Retail stores
$2.4M
+12.8%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,165,000
Current use
AUTO REPAIR, GARAGE
$2,965,000
Change: +37% · Conversion: Difficult
MEDICAL BUILDING
$2,515,000
Change: +16% · Conversion: Easy
RETAIL STORES
$2,440,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±10%
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
$184 / 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
$24,005
Tax year 2023
Assessed value
$1,195,652
Assessed 2023
Previous assessed
$1,516,089
-21.1% YoY
Effective rate
2.01%
On assessed value
Land market value
$728,600
Improvement market value
$1,747,389
Total market value
$2,475,989
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Rooms
21
Bathrooms
13
Total area
10,536 SF
Lot
0.33 ac (14,572 SF)
Zoning code
CC
APN
41-23-06-354-008
UPID
US18-0538050
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
OFFICE BUILDING Current
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
21
Bathrooms
13
Lot
0.33 ac
Current owner
From public records · entity-resolved
Hibiscus Property Group LLC
Entity
Mailing address
24211 HARBORVIEW RD, PORT CHARLOTTE, FL 33980-2222
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2019
—
Hibiscus Property Group LLC
—
Deed
related
$1,500,000 · Wells Fargo Bank NA
Oct 5, 2016
—
Hibiscus Property Group LLC
—
Deed
related
$650,000 · First Citizens Bk
Aug 13, 2012
$1,000,000
Hibiscus Property Group LLC
Branch Bkng & Trust Co
Grant Deed
—
Mar 8, 2012
$45,100
Branch Bkng & Trust Co
Tr Holdings Lc Coc
Trustees Deed
related
—
Nov 16, 2004
$530,000
Tr Holdings Lc
Falterbauer,anneliese
Trustees Deed
related
$1,670,000 · Charlotte St Bk
Jul 2, 1999
$250,000
Falterbauer Trust
Oaks,david K & Patti J
Grant Deed
—
—
—
Tr Holdings Lc
—
Deed Of Trust
related
$461,673 · John & Janet Noyen
—
—
Hibiscus Property Group LLC
—
Deed Of Trust
related
$650,000 · First Citizens Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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