600 ft of US 41 frontage plus Boat access to Charlotte Harbor!

Vacant Land for Sale
Catylist Listing ID: 30669088
Property Subtypes: Retail
Gross Land Area: 1.10 Acres
Sale Price: $895,000
Unit Price: $813,636 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2021

Overview / Comments

The corner location provides 426' of highly visible frontage. The 250' on the canal allows Charlotte Harbor access within 10 minutes. Providing the opportunity for waterfront dining and boat in access for a restaurant.

The area is a hub for both restaurants and after market auto retailers. With a population of 108,494 and an Average HH Income of $58,030 within 15 minutes of your front door and up to 60,000 cars daily at the Gardner intersection, just 500 ft. from your door, this location offers an incredible opportunity at a great price. According to ESRI Data the immediate area offers a particular opportunity for Restaurants, C Stores and Auto after market retailers. The market in the immediate area is 107% of the MPI for Auto After Market and 124% of the MPI for Auto Insurance.

The potential for a C store with gas is 125% of the MPI. According to ESRI the auto market is understored by 30% here.

For Family Restaurants the immediate area is 113% of the MPI for families eating out 4x's or more monthly. Also, according to ESRI, the restaurant Market is understored by over 8% presenting a $20,000,000 opportunity. And remember - these numbers are just considering the year round population, in the winter months the snow bird and tourists increase the population by almost 100%!

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: Charlotte County
Tax ID/APN: 402223359001
Zoning: PD
Property Located Between: Dow Rd and Conway Blvd
Property Visibility: Excellent
Legal Description: PCH 025 2106 0177 PORT CHARLOTTE SEC25 BLK2106 LT 177 581/2040 834/1253 930/1717 1084/314 1442/1515 CD1449/1486 ODN1888/75 E1949/898 E1977/1517 RE2127/1170 RES2732/181 2732/183 3497/1639 4485/1050
Largest Nearby Street: US-41
Highway Access: US-41 via Tamiami Trail
Airports: Punta Gorda Airport
Site Description: Minutes away from Charlotte Harbor and arrive by boat or car Corner Location with almost 500 ft of highly visible frontage

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,131 47,460 87,686
Median Age: 56.65 52.18 52.61
Households: 4,073 21,764 39,918
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