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Property profile & analytics
OFF-MARKET
Warehouses

501 Paul Morris Dr Englewood, FL 34223-3961

5,000 SF 0.95 ac lot Built 2008
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US18-2511157
Property summary
AI-generated overview

This exceptional 1.75-acre industrial land parcel is situated in Englewood, Florida, within the Morris Industrial Park (PID zoning). The property is completely cleared and fenced, offering immediate development potential. Significant site preparation has already been completed, including filling and raising the land with a combination of dirt, crushed concrete, and crushed asphalt. Four Florida Power & Light (FPL) leased concrete LED light posts provide ample illumination, with electricity readily available at all four corners of the property. A substantial concrete pad, measuring 50 feet by 50 feet, has already been poured, providing a ready foundation for a warehouse or similar structure. City water is conveniently connected to the property, streamlining the development process. This turnkey site presents a rare opportunity for immediate construction and occupancy, eliminating the need for extensive preliminary site work. Located at 501 Paul Morris Dr, Englewood, FL 34223, this property offers exceptional value and convenience for industrial development in a thriving location. The asking price is $625,000.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2008
Total area 5,000 SF
Lot 0.95 ac (41,440 SF)
Zoning code PID
APN 0849-09-0001
UPID US18-2511157
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Xa Logistics LLC
Xa Logistics LLC
since 2025
Last sale
$500,000
7 recorded transactions
2025
$500,000
2015
Price N/A
2015
Price N/A
2006
Price N/A
2005
$190,000
2004
Price N/A
2004
$67,000
Zoning & alternative use
PID · Englewood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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