C-1 Retail/Commercial
For Sale
$849,000
4707 Pine Island Rd NW, Matlacha, FL 33993
Freestanding commercial building on a C-1 zoned parcel, offering about 1,838 SF along the Pine Island Rd corridor.
Property Size1,838 SF
Lot Size0.33 Acres
Price / SF$461.92
Days on Market171
Property Features for 4707 Pine Island Rd NW
General Information
Standard status
Active
Size
1,838 SF
Lot size
0.33 Acres
Property subtype
Retail
Zoning
C-1
Building Details
Building Size
1,838 SF
Year Built
1936
Listing Agency:
Commercial Real Estate Services of SWFL, Inc.
Listed By:
Carlos Acosta, CCIM · License #FL #BK3161197
(239) 823-0115
Source:
Cresswfl
Added: Apr 8
Changed: Sep 23
Last Checked: Sep 24 at 6:45AM
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 Commercial Real Estate Services of SWFL, Inc.
Investment Insights
Based on property information with market context.
4707 Pine Island Rd N offers a ±1,838 SF commercial building available for lease. The property is situated on a ±14,400 SF parcel and is zoned C-1 (Commercial), supporting a range of retail, service, and commercial uses.
The site fronts the Pine Island Road corridor in Matlacha, providing direct exposure for prospective tenants or buyers evaluating a neighborhood retail and service location.
With its C-1 zoning and existing building footprint, the property is positioned for businesses seeking a small-to-mid size commercial space along a primary roadway.
The site fronts the Pine Island Road corridor in Matlacha, providing direct exposure for prospective tenants or buyers evaluating a neighborhood retail and service location.
With its C-1 zoning and existing building footprint, the property is positioned for businesses seeking a small-to-mid size commercial space along a primary roadway.
Key Highlights
- ±1,838 SF freestanding commercial building available for lease
- Located along the Pine Island Rd corridor in Matlacha
- Situated on a 14,400 SF parcel zoned C‑1 (Commercial)
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
$24,111
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
2.84%
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%
$482,220
$482.2K
Cap Rate 7%
$344,443
$344.4K
Cap Rate 9%
$267,900
$267.9K
Market Conditions
NOI Build-Up for 1,838 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
$35.5K $19.32/SF
− Vacancy
−$1.1K −$0.58/SF
EGI
$34.4K $18.74/SF
− OpEx
−$10.3K −$5.62/SF
NOI
$24.1K $13.12/SF
Area
Lee County, FL
Vacancy
3.00%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
30.00%
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%
$482,220
Cap Rate 7%
$344,443
Cap Rate 9%
$267,900
Alternative Uses
Best Use
Retail
$344.4K
$301.4K – $401.9K
NOI $24,111 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$578.5K
$506.2K – $674.9K
NOI $40,495 @ 7.0% cap · market cap 4.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail 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?
Retail space - Freestanding commercial building on a C-1 zoned parcel, offering about 1,838 SF along the Pine Island Rd corridor.
Where is this retail space located?
The property is located at 4707 Pine Island Rd NW Matlacha, FL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: ±1,838 SF freestanding commercial building available for lease; Located along the Pine Island Rd corridor in Matlacha; Situated on a 14,400 SF parcel zoned C‑1 (Commercial)
