21175 Olean BlvdPort Charlotte, FL 33952

Property Details for 21175 Olean Blvd

Year built

1971

Construction

CONCRETE BLOCKS

Lot size

2.28 AC

Property size (Sq ft)

13,408 SF

Zone code

CG COMMERCIAL-GENERAL

Property type

Office properties

Property subtype

Office buildings

APN

40-22-22-133-001

APU

402222133001

Description

This single-story, 17,687-square-foot office building, formerly a Bank of America branch, is available for lease in Port Charlotte, Florida. Located at 21175 Olean Blvd, near the intersection of Tamiami Trail and Olean Boulevard, this property sits on a 2.28-acre lot (99,332 sq ft) and offers 13,408 square feet of immediately available space. Built in 1971 and renovated in 1980, the building features 112 parking spaces and is zoned CG. The property is undergoing major renovations, including a new roof and HVAC system. Pre-leasing offers a potential "build-to-suit" option. The grounds will be professionally maintained. This location is ideal for medical or office use and is situated in Port Charlotte's Medical District. The property's APN is 402222133001. This is a fantastic opportunity to secure a well-located, renovated office space in a growing area. The maximum contiguous space available is 13,408 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $3,877,398

  6.5%

  $3,579,136

  7%

  $3,323,484

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,670,716

  Geo Method

  $2,448,703

• Alternative Use

  Use

  Valuation

  Residential

  $4,438,129

  Hospitality

  $4,065,302

  Educational

  $3,382,284

  Medical

  $3,498,606

  Retail

  $5,261,330

Location Insight

City

Port Charlotte

County

Charlotte

State

Florida

Latitude

26.9857

Longitude

-82.1004

CBSA code

39460

CBSA name

PUNTA GORDA, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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