Office Building with Open
1510 SE 46th Lane, Cape Coral, FL 33904
For Sale
New
$575,000
CommercialSale, Cape Coral, FL
Property Size2,112 SF
Lot Size0.22 Acres
Price / SF$272.25
Days on Market1
Property Features for 1510 SE 46th Lane
General Information
Property type
Property subtype
Zoning description
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Jason Alsup · License FL #396523654
(888) 611-3912
Added: Nov 10
Last Checked: Nov 10 at 1:06PM
MLS# 2026047361
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.
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Investment Insights
Based on property information with market context.
This office property contains 2,112 square feet of open interior space on a 0.215-acre parcel. Built in 1973, the building has parking and a flexible layout that can be adapted or used in its current configuration.
The property fronts SE 46th Lane in Cape Coral. It may also be acquired with the adjoining parcels at 1516 and 1502 SE 46th Lane, creating an approximately 0.664-acre assembled site. A six-story office building is identified as a possible redevelopment concept, subject to zoning and city approvals.
The property fronts SE 46th Lane in Cape Coral. It may also be acquired with the adjoining parcels at 1516 and 1502 SE 46th Lane, creating an approximately 0.664-acre assembled site. A six-story office building is identified as a possible redevelopment concept, subject to zoning and city approvals.
Key Highlights
- 2,112 square feet of open interior space
- 0.215‑acre parcel
- Built in 1973
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,890
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,800
$597.8K
Cap Rate 7%
$427,000
$427.0K
Cap Rate 9%
$332,111
$332.1K
Market Conditions
NOI Build-Up for 2,112 SF
Gross rent
$46.9K $22.20/SF
− Vacancy
−$7.0K −$3.33/SF
EGI
$39.9K $18.87/SF
− OpEx
−$10.0K −$4.72/SF
NOI
$29.9K $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%
$597,800
Cap Rate 7%
$427,000
Cap Rate 9%
$332,111
Alternative Uses
Best Use
Office B
$427.0K
$373.6K – $498.2K
NOI $29,890 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$548.0K
$479.5K – $639.4K
NOI $38,361 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,377
Businesses Nearby
Explore this area
Business Placement
Demographics for 33904, FL
32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
Median Home Value
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Market
Properties on Market for Office buildings in Cape Coral
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The 1973 building offers flexible interior space along SE 46th Lane in Cape Coral.
Where is this office building located?
The property is located at 1510 SE 46th Lane Cape Coral, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,112 square feet of open interior space; 0.215‑acre parcel; Built in 1973
