Punta Gorda Industrial & Business Land

27464 Pelican Dr Punta Gorda, FL 33982

Punta Gorda
FOR SALE
Property Type:
Other Land
Amount:
$14,999,990
Last Verified:
Jan 01, 2023

Highlights

  • 60.24 Acres of vacant land
  • One of the fastest-growing areas in the country
  • Convenient access to major highways
  • Opportunity for Industrial development
  • ECAP Zoning and Future Land Use

Description

The Subject Property is 60.24 Acres of vacant land located on Pelican Drive in Charlotte County next to the Punta Gorda Airport. This piece of property offers the opportunity for industrial development. Located just north of the Punta Gorda Airport, the Subject Property offers the buyer many current and future opportunities. Additionally, the Subject Property is located close to Interstate 75 allowing for easy transportation throughout southwest Florida.

The Subject Property has a zoning designation of Mixed industrial and business oriented (ECAP) with an underlying zoning and future land use (FLU) of Enterprise Charlotte Airport Park use (ECAP). Due to the location, the Subject Property will be attractive to multiple industrial land buyers.

Located on Pelican Drive in Punta Gorda, Florida, the Subject Property is ideally situated in an area that has accomplished consistent growth, which makes it perfect for businesses supporting that growth in need of industrial property. The surrounding area between Punta Gorda and Port Charlotte is experiencing significant growth and development which should benefit the Subject Property. Convenient access to major highways, such as, US-17, County Road 74, Interstate Road 75 and other thoroughfare roads makes for easy travel throughout the Charlotte MSA.

Punta Gorda has experienced a population growth greater than 42% since the year 2000 and is expected to experience even further explosive growth with current trends showing great than 1,000 people moving to Florida every day. Median household incomes are up over 33% while property values have increased nearly 102% since 2000. Punta Gorda is primed to see continued growth in all areas of the local economy which will certainly benefit the Subject Property.

Lot Size: 60.24 acres

Map of 27464 Pelican Dr, Punta Gorda, FL, 33982

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.