5218 Duncan RdPunta Gorda, FL 33982

Property Details for 5218 Duncan Rd

Year built

1975

Construction

METAL FRAME

Lot size

0.52 AC

Property size (Sq ft)

6,000 SF

Zone code

CG COMMERCIAL-GENERAL

Property type

Retail properties

Property subtype

Other automotive properties

APN

40-23-35-154-001

APU

402335154001

Description

This exceptional investment opportunity presents two well-maintained, 3,050 square foot buildings situated on a 0.52-acre lot at 5218 Duncan Rd, Punta Gorda, FL 33982. Currently boasting 100% occupancy with a retail store (Woody's Pawn Shop) and an auto repair business (Bulldawg Customs) as tenants under a gross lease, this property offers a compelling return. The buildings, constructed in 1975 and extensively renovated in 2023, feature a brand-new roof and benefit from a prime location on Duncan Road (Hwy 17), ensuring high visibility and traffic volume. The property is zoned CG, outside city limits, eliminating city taxes, and enjoys city water access. With a total of 6,150 square feet of net rentable space, the asking price is $1,200,000, representing a price per square foot of $433 and a 5.18% cap rate. The current lease terms are one-year leases with one year remaining. This is a rare opportunity to acquire a commercially zoned property with established tenants and strong potential for future growth, conveniently located near Punta Gorda and I-75. The property features two buildings, each one story, and includes two units. The APN is 402335154001.

• CAP approach

  CAP return

  Valuation

  6%

  $2,550,615

  6.5%

  $2,354,414

  7%

  $2,186,242

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,011,726

  Geo Method

  $2,761,366

• Alternative Use

  Use

  Valuation

  Residential

  $1,986,036

  Hospitality

  $1,819,199

  Educational

  $1,513,552

  Medical

  $1,565,605

  Retail

  $2,354,414

Location Insight

City

Punta Gorda

County

Charlotte

State

Florida

Latitude

26.9571

Longitude

-81.9905

CBSA code

39460

CBSA name

PUNTA GORDA, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].