CG-Zoned Corner Parcel on Tamiami Trail, Port Charlotte

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30732238
Property Subtypes: Office, Retail, Other
Status: Pending
Gross Land Area: 14,865 SF
Sale Price: $149,900
Unit Price: $10.08 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/2/2021

Overview / Comments

One double-lot parcel in a CG-zoned area of Tamiami Trail just north of the new West Port Subdivision and in close proximity to Arredondo Pointe. The address can also be identified as 507 Barger Drive as it is a corner parcel.

The Port Charlotte Advantage:

Found along Florida’s welcoming Gulf Coast, Port Charlotte is in Charlotte County and shares city borders with North Port and Punta Gorda. With a positive employment rate of 2.36%, Port Charlotte is a growing opportunity for the workforce. The Lost Lagoon is planning to make a big splash in the area, estimated to draw customers from as far as 30 miles from the surrounding area. Developed for high performance with superb water, power and telecommunications infrastructure, the Park enhances productivity with cost-effective advantages of a designated Foreign Trade Zone. The Punta Gorda Interstate Airport Park - a 4,300-acre global opportunity - offers not only access but also large-scale site selection and flexibility.

The newly planned community of West Port has broken ground. Just minutes from the Port Charlotte Town Center, the master-planned community is creating excitement by developing 2,000 new homes and thousands of new commercial square footage.

The closing for Arredondo Pointe took place in September, 2020. Site options range from 1 acre to 20 acres. Initial clearing and Phase One construction have begun and will include the hotel/retail component. The Lost Lagoon Water Park is set to undergo construction in Phase Two of development and will incorporate the newest generation of LEED-certified and green technology throughout the property.

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: Charlotte County
Tax ID/APN: 402101383022
Zoning: CG - COMMERCIAL GENERAL
Property Visibility: Excellent
Legal Description: PORT CHARLOTTE SEC22 BLK1118 LTS 16 & 17 135/215 664/560 731/1556 774/3211176/1653 1195/1371
Largest Nearby Street: Barger Drive
Feet of Frontage: 100
Lot Frontage: 100'
Lot Depth: 145'
Zoning Description: CG - Commercial General
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 807 30,629 93,907
Median Age: 44.09 45.14 46.29
Households: 301 12,506 39,261

Contact

Photograph of Listing Agent

Howard Corr

CORR COMMERCIAL ADVISORS LLC
MFCRE Member
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