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    The Largest CRE Database in the US with Over 1 Million Listings

    3301 Del Prado Blvd S Cape Coral, FL 33904

    Sponsored
    For Sale
    $1,750,000

    COMMERCIAL - Cape Coral, FL

    Type:Office
    Property size:
    4,848 SF
    Lot size:
    0.69 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 5 at 6:06 pm

    Property Features for 3301 Del Prado Blvd S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    05-45-24-C1-00599.0160
    Size
    4,848 SF
    Lot size
    0.69 Acres

    Utilities

    Water front features
    Seawall, Navigable Water, Canal Access
    Water front
    1

    Building Details

    Year built
    1994
    Floors in Building
    1

    We can help!

    Listing Contact
    Peter Davis

    Carney Realty & Associates Inc (239) 772-1932

    Listing agent Peter Davis (239) 240-7821 License #252013296

    Listing date Feb 5, 2026

    MLS# 2026006367

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Waterfront Building in Southeast Cape

    This versatile waterfront building is located in Southeast Cape Coral, offering high visibility on Del Prado Blvd., which sees over 43,000 vehicles daily, and serene canal access to the Gulf. Constructed in 1994, the modern concrete block building features 4,848 square feet of cooled space. The current configuration includes 20 offices of varying sizes, a foyer entry, reception area, waiting area, kitchen, two bathrooms, a conference room, and a large open multi-use space. Recent updates include new paint and carpet. Outside, the property provides 36 paved parking spaces, monument signage, and easy access to Del Prado Blvd. It is located 35 minutes from RSW Airport. The waterfront area includes a concrete ramp leading to a concrete cantilevered dock, a sitting/lunch area, a 241-foot concrete seawall, and landscaping with palm trees and plants. The zoning permits a variety of uses, including office space, a restaurant, day care, assisted living facility, or religious facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Allstate Exteriors & Restoration ... Roofing Company www.pennylehmann.com Real Estate Agency Cape Family Boat ... Boat Rental Service

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Azucar restaurant & bakery

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.941482
    Latitude
    26.590864

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    FAQs

    What type of property is this?
    Restaurant - Versatile waterfront building with high visibility and Gulf access.
    Where is this restaurant located?
    The property is located at 3301 Del Prado Blvd S Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Waterfront property with Gulf access via canal, including a concrete dock and seawall.; - High-visibility location on Del Prado Blvd. with over 43,000 vehicles passing daily.; - Versatile zoning permits a variety of uses (office, restaurant, daycare, etc.).
    (239) 240-7821
    Request Owner's contact information
    3301 Del Prado Blvd S Cape Coral, FL 33904
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    Cape Coral, FL 33904
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3301 Del Prado Blvd S Cape Coral, FL 33904
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    We can help!
    Listing Contact
    Peter Davis
    Real Estate License ID: 252013296
    (239) 240-7821
    Learn more
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