5000 Fairway Dr Punta Gorda, FL 33982
This exceptional 0.25-acre commercial land parcel, located at 5000 S Fairway Dr, Punta Gorda, FL 33982 (APN 412303251014), presents a unique investment opportunity in a rapidly growing area. Situated near downtown Punta Gorda, Fisherman's Village, and Allegiant's new Sun Seeker resort, this property boasts an enviable location with excellent access to amenities and infrastructure. Its proximity to schools and numerous planned developments, including Lennar Homes' Willow Park, further enhances its appeal. Charlotte County's robust growth, fueled by the expanding Punta Gorda airport and industrial park, creates a strong market for development. The property is well-suited for multi-family or affordable housing projects, and its potential for commercial conversion adds to its versatility. A new Publix-anchored shopping center is under construction nearby, providing additional convenience and attracting further development. The seller is open to considering exchanges or owner financing, making this an even more attractive proposition. This is one of eight similar lots available in the immediate vicinity. Don't miss this chance to capitalize on the burgeoning growth of Punta Gorda.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.