Technical
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Property profile

29390 Jones Loop Rd Punta Gorda, FL 33950

OFF-MARKET
Land
Property ID
US18-1935859
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Property summary

AI-generated overview

This exceptional 4,000 square foot mixed-use building, originally constructed in 1897 and extensively renovated in 2023, offers a unique opportunity in the heart of Downtown New Cumberland's vibrant submarket. Currently zoned for mixed use with a downtown overlay, the property features two available office suites, ranging from 330 to 520 square feet each, ideal for a variety of businesses. One suite boasts a street-facing entrance, two rooms, and access to a 665 square foot porch. The second suite includes a private exterior entrance, a private bathroom, refinished floors, and fresh paint. Both benefit from the building's beautifully restored historical character. The building is classified as Class B and offers electric power inclusion. While elevators are not present, on-street parking is readily available, with additional rear parking potentially negotiable. The property is perfect for traditional office use, creative office spaces, or even coworking arrangements. For entrepreneurs interested in a coffee shop or cafe concept, the owner is open to exploring financing or partnership opportunities for build-out. With 1,000 square feet currently vacant, this is a prime opportunity to establish a presence in a thriving downtown location. The property's flexible lease options and adaptable spaces cater to a wide range of business needs.

Property profile

Verified
Property type Land
UPID US18-1935859

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

29390 Jones Loop Rd Punta Gorda, FL 33950
Punta Gorda metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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