Office Building with Flexible
For Sale
Contact for pricing
910-912 Del Prado Blvd S, Cape Coral, FL 33990
Office property occupied by tenants under month-to-month lease arrangements.
Property Size9,188 SF
Price / SF$282.98
Days on Market672
Property Features for 910-912 Del Prado Blvd S
General Information
Standard status
Active
Size
9,188 SF
Property subtype
OFFICE
Building Details
Building Size
9,188 SF
Tenancy
Multi
Listing Agency:
Commercial Real Estate Services of SWFL, Inc.
(239) 980-0081
Listed By:
Carlos Acosta, CCIM · License ##BK3161197
(239) 823-0115
Source:
Moodyscre
Added: Dec 12, 2024
Changed: Oct 10
Last Checked: Oct 15 at 1:42AM
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a 9,188-square-foot office building at 910-912 Del Prado Blvd S in Cape Coral, Florida. Existing tenants occupy the building under month-to-month leases, providing a flexible leasing structure for the property.
Key Highlights
- 9,188‑square‑foot office building
- Tenants occupy the property under month‑to‑month leases
- Located at 910‑912 Del Prado Blvd S, Cape Coral, FL 33990
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$130,033
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,600,660
$2.6M
Cap Rate 7%
$1,857,614
$1.9M
Cap Rate 9%
$1,444,811
$1.4M
Market Conditions
NOI Build-Up for 9,188 SF
Gross rent
$204.0K $22.20/SF
− Vacancy
−$30.6K −$3.33/SF
EGI
$173.4K $18.87/SF
− OpEx
−$43.3K −$4.72/SF
NOI
$130.0K $14.15/SF
Area
Cape Coral, FL
Vacancy
15.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,600,660
Cap Rate 7%
$1,857,614
Cap Rate 9%
$1,444,811
Alternative Uses
Best Use
Office B
$1.86M
$1.63M – $2.17M
NOI $130,033 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.38M
$2.09M – $2.78M
NOI $166,883 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,657
Businesses Nearby
Explore this area
Business Placement
Demographics for 33990, FL
32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office property occupied by tenants under month-to-month lease arrangements.
Where is this office building located?
The property is located at 910-912 Del Prado Blvd S Cape Coral, FL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 9,188‑square‑foot office building; Tenants occupy the property under month‑to‑month leases; Located at 910‑912 Del Prado Blvd S, Cape Coral, FL 33990
