3880 El Jobean Rd Port Charlotte, FL 33953

Property Details for 3880 El Jobean Rd

Lot size

7.80 lot acres

Zone code

CG COMMERCIAL-GENERAL

Property type

Commercial land

APN

40-21-21-481-002

APU

402121481002

Description

This 7.8-acre commercial land parcel in Port Charlotte, Florida, presents a significant development opportunity. Located on El Jobean Road (Hwy 776), the property boasts over 480 feet of frontage and benefits from combined daily traffic counts exceeding 40,000 vehicles. The CG zoning allows for a wide range of commercial uses, including restaurants, hotels, and children's centers, aligning with the county's interest in family-oriented developments. The site is compliant with the Live Local Act, permitting up to 65 units per acre and building heights of up to 60 feet. This prime location offers exceptional visibility and accessibility, situated on the sole route connecting Port Charlotte to Englewood beaches. The surrounding area demonstrates strong demographics, with an average household income of $86,172 and $1.4 billion in annual consumer spending within a five-mile radius. A diverse population, encompassing both senior and younger demographics, further enhances the investment potential. Projected job growth in Charlotte County is expected to add over 400 new positions in 2025, contributing to the area's continued expansion. The asking price for this 357,724 square foot lot is $1,900,000, translating to $231,363 per acre. This property represents a compelling investment opportunity in a rapidly growing market. The zip code is 33953.