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

    5000 Fairway Dr Punta Gorda, FL 33982

    • Commercial real estate
    • 0.25 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3657813
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 5000 Fairway Dr

    Lot size
    0.25 lot acres
    Property type
    Commercial real estate
    APN
    412303251014

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.0011453
    Latitude
    26.9397555

    Comparable in this City

    • Contact for pricing
      0.12 Acres

      Punta Gorda Land For Sale

      Land in fast developing Punta Gorda with eastern rear exposure.
      6310 Raymond St, Punta Gorda, FL 33982
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    • $109,900
      0.22 Acres

      Waterfront Lot in Palm Shores

      Cleared waterfront lot with seawall and Gulf access.
      28451 Sabal Palm Dr, Punta Gorda, FL 33982
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      Commercial Land in Punta Gorda

      Vacant commercial land near downtown Punta Gorda, Florida.
      811 Yellowtail Ln, Punta Gorda, FL 33982
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      Land Available in Punta Gorda

      Land for sale in Punta Gorda, Florida.
      36 Vine Cir, Punta Gorda, FL 33982
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    • $170,000

      Land Available in Punta Gorda

      Land for sale in Punta Gorda, Florida.
      50690 Bermont Rd, Punta Gorda, FL 33982
      View Details
    • $172,500

      Buildable 10-Acre Citrus Grove Homesite

      10-acre homesite with citrus grove, ideal for hobby farming.
      45069 22-19 Narrow Ln, Punta Gorda, FL 33982
      View Details

    Similar Nearby for Sale

    • $135,000

      Waterfront Lot in Three Rivers

      Oversized waterfront lot with preserve views and boat ramp.
      31093 Prairie Creek Dr, Punta Gorda, FL 33982
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    • $245,000

      Land For Sale

      Land available for purchase.
      50530 Bermont Rd, Punta Gorda, FL 33982
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    • $750,000

      RV Park Development Opportunity

      10 acres near Babcock Ranch with RV park potential.
      12691 State Road 31, Punta Gorda, FL 33982
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    • $59,000

      Punta Gorda 5-Acre Land Parcel

      Five-acre land parcel in Punta Gorda, great investment opportunity.
      49929 Bermont Rd, Punta Gorda, FL 33982
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    • $519,000
      1.50 Acres

      Punta Gorda Commercial Land Opportunity

      1.5 acres of commercial land near Duncan Road and Washington Loop.
      4224 Duncan Rd, Punta Gorda, FL 33982
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    • $79,000
      1.25 Acres

      PUNTA GORDA Land For Sale

      1.25 acre lot in Charlotte Ranchettes, ready for development.
      6235 Grove Blvd, Punta Gorda, FL 33982
      View Details

    Similar Nearby for Lease

    • $6,000 /Mo
      1 SF

      Fort Myers Storage Lot Lease

      1.209 AC storage lot for lease in Fort Myers.
      28089 Merchantile Ave, Punta Gorda, FL 33982
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      195,974 SF

      Prime Punta Gorda Retail Space

      Florida retail space, ample parking.
      31 & Saw Palmetto Pkwy, Punta Gorda, FL 33982
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      81,282 SF

      Prime Punta Gorda Retail Space

      Multiple suites, 55,741 SF vacant.
      31 & Saw Palmetto Pkwy, Punta Gorda, FL 33982
      View Details
    • Contact for pricing
      228,034 SF

      Midtown Punta Gorda Retail Space

      Prime Retail, Multiple Units Available
      0 Cypress Pkwy, Punta Gorda, FL 33982
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    • $21,000

      Enterprise Charlotte Airport Park Warehouse

      Warehouse units near Punta Gorda Airport with convenient highway access.
      28041 101, Punta Gorda, FL 33982
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    • Contact for pricing
      18,000 SF

      Warehouse Space in Industrial Park

      18,000± SF warehouse space available for lease.
      5445 Williamsburg Dr, Punta Gorda, FL 33982
      View Details
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    Punta Gorda, FL 33982
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    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
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