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Property profile & analytics
FOR LEASE
Retail space
379 Kings Hwy Punta Gorda, FL 33983
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-2760502
$1,950/Mo
379 Kings Hwy, Punta Gorda, FL 33983
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,992 SF
Lot
1.2 ac (52,272 SF)
Zoning code
PD PLANNED DEVELOPMENT
APN
40-23-06-401-003
UPID
US18-2760502
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
-
Aspen Dental - Punta Gorda, FL (North) Dental Office
-
Five Guys Restaurant Take-out & Catering
-
Dr. Yamilet Blanco Dental Office
-
Ross Freeman Dental Office
-
Marjan Mirkheshti Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.14M
Blend (final)
Blend
$2.07M
Owner & transaction history
Olivas And Company LLC · 3 yrs held
Olivas And Company LLC
since 2022
7 recorded transactions
Zoning & alternative use
PD PLANNED DEVELOPMENT · Punta Gorda, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.1M
+67.8%
Restaurant
$2.7M
+47.0%
Auto repair, garage
$2.3M
+21.5%
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 Punta Gorda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Punta Gorda 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,850,000
Current use
INDUSTRIAL (GENERAL)
$3,110,000
Change: +68% · Conversion: Difficult
RESTAURANT
$2,725,000
Change: +47% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,250,000
Change: +21% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,130,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$1,905,000
Change: +3% · Conversion: Difficult
OFFICE BUILDING
$1,605,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$2.07M
Range $1.86M – $2.28M · ±10%
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
$259 / 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
$23,365
Tax year 2023
Assessed value
$1,267,512
Assessed 2023
Previous assessed
$1,066,592
+18.8% YoY
Effective rate
1.84%
On assessed value
Land market value
$862,488
Improvement market value
$1,296,328
Total market value
$2,158,816
Applied tax rate
108.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
1
Stories
1
Total area
7,992 SF
Lot
1.2 ac (52,272 SF)
Zoning code
PD PLANNED DEVELOPMENT
APN
40-23-06-401-003
UPID
US18-2760502
Jurisdiction
CHARLOTTE
Zoning & alternative use
PD PLANNED DEVELOPMENT · Punta Gorda, FL
Zoning PD PLANNED DEVELOPMENT · permitted uses
PD PLANNED DEVELOPMENT · Punta Gorda, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Punta Gorda. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$3.1M
RESTAURANT
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
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
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Olivas And Company LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5051 12TH AVE, HANFORD, CA 93230-9789
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2022
—
Olivas And Company LLC
John L Olivas
Grant Deed
—
Feb 18, 2020
—
Lws Port Charlotte Station LLC
Wal-mart Stores East LP
Correction Deed
related
—
Feb 14, 2020
—
Lws Port Charlotte Station LLC
Brinker Florida INC
Quit Claim Deed
related
—
Feb 14, 2020
$720,000
Lws Port Charlotte Station LLC
Brinker Florida INC
Grant Deed
—
Feb 14, 2020
$1,250,000
Brinker Florida INC
Wal-mart Stores East LP
Correction Deed
—
Nov 13, 2007
$1,250,000
Brinker Florida INC
Wal-mart Stores East
Grant Deed
—
Nov 7, 2007
—
Brinker Florida INC
Owner,record
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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