4820 Placida RdEnglewood, FL 34224

Property Details for 4820 Placida Rd

Year built

1990

Lot size

0.52 AC

Property size (Sq ft)

3,375 SF

Zone code

CG COMMERCIAL-GENERAL

Property type

Automotive properties

APN

41-20-21-205-001

APU

412021205001

Description

This exceptional commercial property, located at 4820 Placida Road in Englewood, Florida, presents a unique investment opportunity. The 3,375 square foot building sits on a 0.52-acre lot and boasts excellent visibility and accessibility due to its location on a main road leading to Placida and Boca Grande, with convenient proximity to Rotonda West and Winchester Blvd. The property is zoned CG (Commercial General), allowing for a wide range of potential business uses. The existing structure features three drive-thru bays with 12-foot overhead doors, plus an additional pull-in bay with a 12-foot overhead door, designed for optimal efficiency. A well-appointed office area provides ample space for administrative tasks and customer service, complemented by a comfortable waiting area and restrooms for clients. Additional storage is available in an upstairs loft area above the office space. The property's strategic location and versatile design make it ideal for automotive services or a variety of other commercial ventures. The current business owner is open to negotiating the sale of the existing auto repair business and equipment separately from the real estate transaction, offering a smooth transition for potential buyers. This presents a rare chance to acquire a thriving commercial property in a high-traffic area with significant growth potential. The property's features and location combine to create an exceptional opportunity for both established businesses and new ventures.

• CAP approach

  CAP return

  Valuation

  6%

  $1,023,090

  6.5%

  $944,389

  7%

  $876,933

• Comparable approach

  Method

  Valuation

  Relative Method

  $704,140

  Geo Method

  $641,031

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,840,260

  Mixed-Use / Specialty

  $941,583

  Hospitality / Lodging

  $691,538

  Office

  $936,572

  Institutional / Educational

  $979,067

  Residential Income

  $1,145,510

  Multifamily

  $1,370,760

  Automotive / Energy

  $839,200

  Parking / Income-Based Land

  $289,044

  Restaurant / Food Service

  $490,920

  Healthcare / Senior Housing

  $965,001

Location Insight

City

Englewood

County

Charlotte

State

Florida

Latitude

26.8988

Longitude

-82.312

CBSA code

39460

CBSA name

PUNTA GORDA, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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