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2960 Mccall Rd Englewood, FL 34224-7792

OFF-MARKET Shopping centers Google Maps
1.87 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$335k
Range $302k – $369k (±10%)
Property ID US18-6285437

Property summary

AI-generated overview

This exceptional 1.81-acre commercial land parcel presents a unique redevelopment opportunity in Englewood, Florida. Located at 2960 S McCall Rd, Charlotte County, zip code 34224, this corner lot boasts excellent visibility and accessibility, with multiple points of ingress and egress. The property is zoned Commercial, General (CG), allowing for numerous permitted uses, including assisted living facilities, business services, pharmacies, general retail, hospitals, and medical or dental practices. Its strategic location adjacent to a busy Walmart Supercenter (approximately 1.8 million annual visits) and near numerous national tenants such as Walgreens, Starbucks, and others, ensures high traffic and visibility. The site benefits from exposure to over 34,000 vehicles per day on S. McCall Road. This property is situated within two miles of Florida's Gulf Coast, offering access to superb recreation, including 70+ parks, 200+ miles of beaches, and a low crime rate. The area demonstrates strong demographic growth, with over 46,000 residents within a five-mile radius, a 20% increase over the last decade, and a projected 5% growth through 2027. This presents a compelling investment opportunity in a thriving and rapidly growing market, offering significant potential for development and return. The asking price is $2,750,000.

Property profile

Verified
Property type Shopping centers
Use group SHOPPING CENTER COMMON AREA
Lot 1.87 ac (81,299 SF)
Zoning code CG COMMERCIAL-GENERAL
APN 41-20-04-801-000
UPID US18-6285437

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2024
4 recorded transactions
2024
$100,000
2023
Price N/A
2022
Price N/A
2021
Price N/A

Zoning & alternative use

CG COMMERCIAL-GENERAL · Englewood, FL

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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