Technical
Financial
Distress signals
Property profile

8625 Placida Rd PLACIDA Placida, FL 33946

FOR SALE
Commercial land
Property ID
US18-8884161
3.18 ac lot
Entity Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 138,643 square foot mixed-use property, situated on a 3.18-acre lot at 8625 Placida Road in Placida, Florida, presents a compelling investment opportunity. Its prime location between Publix and the Placida Post Office ensures high visibility and accessibility. The rapidly growing area, boasting over 9700 residents in its zip code and a median income exceeding $82,000 (per 2022 census data), demonstrates significant potential for commercial success. Hundreds of new homes have been constructed since 2022, further solidifying the area's expanding population and consumer base. The average single-family home price of approximately $500,000 underscores the area's affluence. This property's versatility allows for a wide range of commercial uses, making it ideal for businesses such as urgent care facilities or retail establishments like Walgreens or CVS. The property's size and location offer significant advantages for businesses seeking to establish a strong presence in this thriving community. The asking price is $1,650,000. This is a rare opportunity to acquire a highly desirable commercial parcel in a rapidly developing area. The property's strategic location and the area's robust growth trajectory make it an exceptional investment prospect with significant long-term potential.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.18 ac (138,643 SF)
Zoning code CG COMMERCIAL-GENERAL
APN 42-20-03-226-002
UPID US18-8884161

Cap rate & NOI

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

Location

8625 Placida Rd, Unit PLACIDA Placida, FL 33946
Placida metro Census 30504 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
by Request
Blend (final) Blend
$1.10M

Owner & transaction history

since 2023
Last sale
$1.1M
3 recorded transactions
2023
$1.1M
2003
$850,000
2000
$750,000

Zoning & alternative use

CG COMMERCIAL-GENERAL · Placida, FL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message