For Sale
$9,500,000

19500 Peachland BlvdPort Charlotte, FL 33948

9.63-acre industrial site, great ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 9.63-acre industrial property in Port Charlotte, Florida, presents a compelling investment opportunity. Located at 19500 Peachland Boulevard in Charlotte County (zip code 33948), this site boasts 17,000 square feet of existing warehouse and office space distributed across five buildings. The property is strategically situated on a major commercial corridor, benefiting from proximity to neighboring industrial uses and numerous retail amenities. Access is convenient via Veterans Boulevard and Peachland Boulevard, with Interstate 75, a primary north-south artery for Florida's west coast, just a six-minute drive away. Currently, 46% of the property is leased under a new 10-year agreement with EquipmentShare, ensuring stable, long-term income with built-in annual rent growth. The remaining space is occupied by short-term tenants, offering immediate potential for increased revenue through rent adjustments or further development. The property's Industrial Intensive (II) zoning in Charlotte County allows for outdoor storage and a variety of other uses. This prime location, coupled with the scarcity of similarly zoned land and strong market demand, positions this property for significant near- and long-term growth. The site is fully fenced and offers the potential for combining lots 2 and 3. This is a rare infill/value-add opportunity in a thriving Southwest Florida market.

Highlights

  • 9.63-acre industrial property for sale in Port Charlotte, FL (33948).
  • 17,000 SF of existing warehouse and office space in five buildings.
  • 46% leased to EquipmentShare under a new 10-year agreement.
  • Convenient access to Veterans Blvd, Peachland Blvd, and I-75.
  • Industrial Intensive (II) zoning allows for outdoor storage and various uses.

Property Details for 19500 Peachland Blvd

Property type
Land, Industrial properties

Location Insight

City
Port Charlotte
County
Charlotte
State
Florida
Latitude
27.0192824
Longitude
-82.125864
19500 Peachland Blvd, Port Charlotte, Florida

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19500 Peachland Blvd
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