Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    31073 Peace St Punta Gorda, FL 33982

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    31073 Peace St Punta Gorda, FL 33982

    View on Map
    • Commercial real estate
    For Sale
    View Listing →
    Residential Lot in Three Rivers For Sale
    Contact for pricing
    0.40 Acres

    Residential Lot in Three Rivers

    Buildable lot in Punta Gorda with low HOA fees.

    31073 PEACE STREET, Punta Gorda, FL 33982
    View Listing
    Property ID
    US18-0099185
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 31073 Peace St

    Property type
    Commercial real estate

    Description

    This exceptional .4-acre (17,500 sq ft) lot, located at 31073 Peace Street in Punta Gorda, Florida, presents a unique opportunity for both commercial and residential development. Zoned for both commercial and residential use, this versatile property offers significant potential. Situated in the desirable Three Rivers community, it boasts a southern exposure ideal for maximizing sunlight and creating a spacious backyard for a large home. The property's convenient location provides easy access to Interstate 75, ensuring seamless commutes and effortless travel. The surrounding area offers a wealth of amenities, including the historic downtown Punta Gorda, the vibrant Fishermen's Village with its charming shops and cafes, beautiful local beaches, and numerous public parks featuring bike and walking trails, picnic areas, and playgrounds. Golf courses and boat ramps provide access to the picturesque waterways of Charlotte Harbor, the Peace and Myakka Rivers, and the Gulf of Mexico. Priced affordably at $28,000, this property is a rare find and won't remain available for long. The 33982 zip code further enhances its desirability. Don't miss this chance to secure a piece of this thriving Florida community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -81.938335
    Latitude
    26.989569

    Comparable in this City

    • $59,000
      0.14 Acres

      Riverfront Lot in Punta Gorda

      Riverfront mobile home lot with utilities in place and outstanding views.
      4300 Riverside Dr, Punta Gorda, FL 33982
      View Details
    • $169,500
      0.08 Acres

      Resort Lot in Palm Breeze

      Upscale RV resort lot with water view and amenities.
      247 Horizon Rd, Punta Gorda, FL 33982
      View Details
    • $209,900
      0.07 Acres

      Private RV Site in Punta Gorda

      Ready-to-enjoy RV site in a luxury resort community.
      260 Horizon Rd, Punta Gorda, FL 33982
      View Details
    • $209,900
      0.09 Acres

      Palm Breeze RV Resort Corner Lot

      Prime corner lot in luxury RV resort community.
      215 Riverclub, Punta Gorda, FL 33982
      View Details
    • $699,000
      0.15 Acres

      Oversized RV Sites Package Deal

      Two oversized RV sites in Palm Breeze RV Resort.
      270 272, Punta Gorda, FL 33982
      View Details
    • $209,900
      0.07 Acres

      Punta Gorda RV Resort Lot

      RV lot in a luxury resort community with many amenities.
      308 Horizon Rd, Punta Gorda, FL 33982
      View Details

    Similar Nearby for Sale

    • $59,000
      0.14 Acres

      Riverfront Lot in Punta Gorda

      Riverfront mobile home lot with utilities in place and outstanding views.
      4300 Riverside Dr, Punta Gorda, FL 33982
      View Details
    • $169,500
      0.08 Acres

      Resort Lot in Palm Breeze

      Upscale RV resort lot with water view and amenities.
      247 Horizon Rd, Punta Gorda, FL 33982
      View Details
    • $209,900
      0.07 Acres

      Private RV Site in Punta Gorda

      Ready-to-enjoy RV site in a luxury resort community.
      260 Horizon Rd, Punta Gorda, FL 33982
      View Details
    • $209,900
      0.09 Acres

      Palm Breeze RV Resort Corner Lot

      Prime corner lot in luxury RV resort community.
      215 Riverclub, Punta Gorda, FL 33982
      View Details
    • $699,000
      0.15 Acres

      Oversized RV Sites Package Deal

      Two oversized RV sites in Palm Breeze RV Resort.
      270 272, Punta Gorda, FL 33982
      View Details
    • $209,900
      0.07 Acres

      Punta Gorda RV Resort Lot

      RV lot in a luxury resort community with many amenities.
      308 Horizon Rd, Punta Gorda, FL 33982
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Development Opportunity Available

      20-acre site suitable for industrial development and outdoor storage.
      28280 Woodlawn Dr, Punta Gorda, FL 33982
      View Details
    • Contact for pricing

      Babcock Ranch Commercial Land Lease

      Commercial land available for lease in Babcock Ranch, Florida.
      31 & Saw Palmetto Pkwy, Punta Gorda, FL 33982
      View Details
    • $14 SF/Yr
      10,000 SF

      New Flex Warehouse Development

      10,000 SF flex warehouse under construction, available for lease.
      8429 Northup Dr, Punta Gorda, FL 33982
      View Details
    • $14 SF/Yr

      Punta Gorda Industrial Warehouse

      115,363 SF industrial warehouse for lease in Punta Gorda.
      28010 Commerce Lk Dr, Punta Gorda, FL 33982
      View Details
    • $24,000

      Punta Gorda Flex Commercial Space

      Adaptable commercial space with parking and highway access.
      5260 Duncan Rd, Punta Gorda, FL 33982
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    31073 Peace St
    Punta Gorda, FL 33982
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!