Technical
Financial
Distress signals
Property profile

502 King St 113 Punta Gorda, FL 33950

OFF-MARKET
Turn key restaurants
Property ID
US18-1493568
5,740 SF 0.45 ac lot Built 1927
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1927
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,740 SF
Lot 0.45 ac (19,708 SF)
Zoning code CC
APN 41-23-06-458-001
UPID US18-1493568

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm Professional Services
  • Bar & Pub Restaurant
  • Bar & Pub
  • Restaurant

Location

502 King St, Unit 113 Punta Gorda, FL 33950-4952
Punta Gorda metro Census 10302 PUNTA GORDA, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$515k

Owner & transaction history

since 2017
6 recorded transactions
2017
Price N/A
2008
$500,000
2007
$200,000
2005
$450,000
2002
$55,800
1969
Price N/A

Zoning & alternative use

CC · Punta Gorda, FL
Zoning description

The City Center District is provided to encourage the redevelopment and expansion of the traditional town center. A broad array of uses is expected in a pattern which integrates shops, restaurants, services, work places,…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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