Waterfront Commercial Property on Pine
For Sale
$750,000
4547 Pine Island Rd NW, Matlacha, FL 33993
Income-producing commercial property with waterfront appeal in a prime location.
Property Size4,005 SF
Lot Size0.21 Acres
Days on Market158
Property Features for 4547 Pine Island Rd NW
General Information
Standard status
Active
Size
4,005 SF
Lot size
0.21 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$14,099
Building Details
Building Size
4,005 SF
Year Built
1970
Stories
1
Listing Agency:
Loyal Real Estate Services
(239) 898-1313
Listed By:
Therese Taylor · License #258023557
(239) 898-1313
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 4:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Loyal Real Estate Services
Investment Insights
Based on property information with market context.
Located in Pine Island, Florida, the commercial property at 4547 Pine Island Road NW offers a rare opportunity to own both the building and land. The property includes three fully leased, income-producing units. Zoned C-1, the well-maintained property is suitable for a variety of commercial uses, including retail, office space, and service-based businesses. The property features both open water frontage and canal frontage. Over 15 dedicated parking spaces are available. Situated in a high-visibility, high-traffic area, the property is close to shopping, dining, and popular attractions, and is a short distance to Matlacha Park and the Fishing Bridge. The waterfront location provides open-water views. The property is fully occupied with tenants and has a rental history, offering income potential and long-term growth in a commercial corridor of Southwest Florida.
Key Highlights
- Income‑producing property with three fully leased units and a strong rental history.
- Prime waterfront location with both open water and canal frontage.
- Zoned C‑1, suitable for a variety of commercial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,826
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,376,520
$1.4M
Cap Rate 7%
$983,229
$983.2K
Cap Rate 9%
$764,733
$764.7K
Market Conditions
NOI Build-Up for 4,005 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$100.0K $24.96/SF
− Vacancy
−$8.2K −$2.05/SF
EGI
$91.8K $22.91/SF
− OpEx
−$22.9K −$5.73/SF
NOI
$68.8K $17.18/SF
Area
Lee County, FL
Vacancy
8.20%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,376,520
Cap Rate 7%
$983,229
Cap Rate 9%
$764,733
Alternative Uses
Best Use
Office B
$983.2K
$860.3K – $1.15M
NOI $68,826 @ 7.0% cap · market cap 9.18%
Second Best
Retail
$750.6K
$656.7K – $875.7K
NOI $52,539 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,238 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Explore this area
Business Placement
Demographics for 33993, FL
29,848
Population
13,098
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
92%
High-School Grad
43.7 sq mi
ZIP Area
683
Density / Sq Mi
$89,220
Median Household Income
$41,871
Median Earnings
$2,057
Median Rent
$319,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Waterfront Land - Income-producing commercial property with waterfront appeal in a prime location.
Where is this waterfront land located?
The property is located at 4547 Pine Island Rd NW Matlacha, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Income‑producing property with three fully leased units and a strong rental history.; Prime waterfront location with both open water and canal frontage.; Zoned C‑1, suitable for a variety of commercial uses.
