17218 Toledo Blade BlvdPort Charlotte, FL 33954

  • Retail properties
  • 12,550 SF
For Lease
$18/SF/YR View listing

Property Details for 17218 Toledo Blade Blvd

Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.50 AC
Property size (Sq ft)
12,550 SF
Zone code
CG COMMERCIAL-GENERAL
Property type
Retail properties
Property subtype
Retail space
APN
40-21-01-452-005
APU
402101452005

Description

This exceptional 12,550-square-foot flex space property, situated on a 1.02-acre lot in Port Charlotte's desirable SWFL submarket, presents a unique investment opportunity. The single-story, Class B building features two suites, with 2,500 square feet currently vacant and available for lease. The minimum divisible space is 500 square feet, while the maximum contiguous space available is 2,000 square feet. The property is zoned CG - Commercial General, allowing for a variety of uses. Its convenient location at the intersection of Toledo Blade Boulevard and US 41, just north of State Road 776, benefits from high traffic counts exceeding 37,000 vehicles daily, further enhanced by a prominent pylon sign. Shared parking is available for tenants. The property's APN is 402101452005. This prime location within the Port Charlotte submarket cluster offers excellent visibility and accessibility, making it an ideal choice for businesses seeking flexible and adaptable space. The property's features include roll-up doors and air conditioning in the warehouse area. This is a rare opportunity to secure a well-located flex space in a thriving commercial center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,335,037
    6.5%
    $4,924,650
    7%
    $4,572,888
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,299,526
    Geo Method
    $5,775,856
  • Alternative Use

    Use
    Valuation
    Residential
    $4,154,126
    Hospitality
    $3,805,157
    Educational
    $3,165,846
    Medical
    $3,274,724
    Retail
    $4,924,650
17218 Toledo Blade Blvd, Port Charlotte, Florida

Location Insight

City
Port Charlotte
County
Charlotte
State
Florida
Latitude
27.0206
Longitude
-82.1631
CBSA code
39460
CBSA name
PUNTA GORDA, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,266
-
-
$1,415,460
-
$337,543
$1,210,610
$1,548,153

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