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Property profile & analytics
FOR LEASE
Retail space
3642 Tamiami Trl Port Charlotte, FL 33952
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-0472953
For Lease
1 / 63
$15 SF/Yr
3642 Tamiami Trl, Port Charlotte, FL 33952
View Listing →
Property summary
AI-generated overview
This exceptional retail property, located at 3642 Tamiami Trail in Port Charlotte, Florida, presents a compelling investment opportunity. The 5,400 square foot building, constructed in 1960 and extensively renovated in 2023, boasts a desirable location on a 9,500 square foot lot. Currently, 3,650 square feet are owner-occupied, while an additional 1,000 square feet are leased, offering immediate income potential and a possible business sale opportunity. The property benefits from ample parking on both sides of the access road, ensuring convenient access for customers. Zoned CG Commercial General, this versatile space is suitable for a wide range of retail uses. The building features a new roof and updated exterior. Its prime location on Tamiami Trail (SR 41) in the thriving Port Charlotte area guarantees high visibility and accessibility. The lot includes an additional 2,000 square feet of land between Tamiami Trail and the access road, providing further development potential. This well-maintained, freestanding building offers a unique blend of owner-user potential and investment income, making it an attractive proposition for discerning investors seeking a strong return on investment in a dynamic Florida market. The asking price is $749,000. The 33952 zip code ensures easy access to local amenities and a strong customer base.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,650 SF
Lot
0.22 ac (9,500 SF)
Zoning code
CG COMMERCIAL-GENERAL
APN
40-22-22-431-020
UPID
US18-0472953
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
-
Pop's Barbershop Barber Shop
-
Sweet Repeat & Consignment Discount Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
T And L Real Estate Properties LLC · 1 yrs held
T And L Real Estate Properties LLC
since 2024
Last sale
$600,000
3 recorded transactions
Zoning & alternative use
CG COMMERCIAL-GENERAL · Port Charlotte, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$850,000
+80.2%
Warehouse, storage
$700,000
+49.1%
Office building
$610,000
+29.3%
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 Port Charlotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Charlotte 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
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$470,000
Current use
MEDICAL BUILDING
$850,000
Change: +80% · Conversion: Difficult
WAREHOUSE, STORAGE
$700,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$610,000
Change: +29% · Conversion: Easy
COMMERCIAL (GENERAL)
$505,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Nov 22 2024)
Last sale anchor
$600k
Nov 22 2024
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
$129 / 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
$7,878
Tax year 2023
Assessed value
$326,949
Assessed 2023
Previous assessed
$446,020
-26.7% YoY
Effective rate
2.41%
On assessed value
Land market value
$93,762
Improvement market value
$265,393
Total market value
$359,155
Applied tax rate
114.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Rooms
6
Bathrooms
2
Total area
4,650 SF
Lot
0.22 ac (9,500 SF)
Zoning code
CG COMMERCIAL-GENERAL
APN
40-22-22-431-020
UPID
US18-0472953
Jurisdiction
CHARLOTTE
Zoning & alternative use
CG COMMERCIAL-GENERAL · Port Charlotte, FL
Zoning CG COMMERCIAL-GENERAL · permitted uses
CG COMMERCIAL-GENERAL · Port Charlotte, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Charlotte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$470,000
MEDICAL BUILDING
Est. value
$850,000
WAREHOUSE, STORAGE
Est. value
$700,000
OFFICE BUILDING
Est. value
$610,000
COMMERCIAL (GENERAL)
Est. value
$505,000
RETAIL STORES Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Rooms
6
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
T And L Real Estate Properties LLC
Entity
Mailing address
5163 COLLINGSWOOD BLVD, PORT CHARLOTTE, FL 33948-9569
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2024
$600,000
T And L Real Estate Properties LLC
David Leon Cohn
Warranty Deed
$400,000 · David Leon Cohn Trust
Nov 18, 2019
$100
Cohn,david L Trust
David L Cohn
Warranty Deed
related
—
Sep 21, 2006
$450,000
David L Cohn
Brian R Wilkie
Warranty Deed
—
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.
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