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Property profile & analytics
FOR SALE
Medical Office Space

525 E Olympia Ave Punta Gorda, FL 33950

10,056 SF 0.75 ac lot Built 1975
Entity Owned 1-yr Hold
Property ID
US18-4076228
Property summary
AI-generated overview

This 10,056-square-foot medical office building, located at 525 E Olympia Ave in Punta Gorda, Florida, presents a compelling investment opportunity. Built in 1975 and extensively renovated in 2020, the Class B property offers multiple tenancy options with a minimum divisible space of 1,000 square feet and currently has 1,000 square feet of vacant space available. The building sits on a 0.75-acre lot and boasts 46 parking spaces, a significant advantage in this high-demand area. Recent upgrades include a new roof, new two-ton AC units, updated electrical panel, and new plumbing. Suite 4 features large front windows, enhancing its appeal. The property is zoned NC Neighborhood Center District Mixed Use, allowing for flexibility. Its prime location, just one block from Bayfront Hospital Punta Gorda, and on a main road leading to I-75, ensures high visibility and accessibility. The surrounding area is densely populated, with 65,000 households within a five-mile radius and an average annual household income of $73,000. This presents a strong potential for attracting a diverse range of medical and retail tenants. The property's size and features make it ideal for a variety of uses, offering significant potential for return on investment. Contact for lease terms.

Property profile
Verified
Property type Medical Office Space
Year built 1975
Total area 10,056 SF
Lot 0.75 ac (32,670 SF)
UPID US18-4076228
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
Current use
Occupant on record · Public records
  • Tadalan Lourdes MD Physician
  • Harbor Cardiology & Vascular Medical Clinic Hospital
  • K9 Glam Squad Pet Grooming Service
  • Massage & Wellness Dawn Lautner LMT, RYT, LDC Alternative Medicine Practice Spa & Massage Center
  • The Queen's Boutique Hair Salon
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
Pine Island 25 LLC · 1 yrs held
Pine Island 25 LLC
since 2024
3 recorded transactions
2024
$2.5M
2022
$1.6M
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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