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    OFF-MARKET
    Shopping centers

    2960 Mccall Rd, Englewood, FL 34224-7792

    1.87 ac lot
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    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
    Implied cap rate, NOI & suggested price
    Cap 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
    by Request
    Owner & transaction history
    Mccall I INC · 1 yrs held
    Mccall I INC
    since 2024
    4 recorded transactions
    2024
    $100,000
    2023
    2022
    2021
    Zoning & alternative use
    CG COMMERCIAL-GENERAL · Englewood, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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