1518 SE 46th Ln, Cape Coral, FL
3,600 SF vacant retail/office unit in downtown Cape Coral.
- Added:
- Nov 17, 2025
- Days on Market:
- 211
- Last Refresh:
- May 19 at 10:41 pm
Property Features for 1518 SE 46th Ln
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 0.14 Acres
- Property subtype
- RETAIL
Properties For Sale
at 1518 SE 46th Ln Contact usListing agent Bruce Micciche, CCIM (941) 999-1188
Listing office LQ Commercial - Corporate (941) 999-1188
Listing date Nov 17, 2025
Source Moodyscre
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 LQ Commercial - Corporate
HighLights
- High‑traffic location with easy access to Del Prado Blvd (42,500 AADT) and Cape Coral Parkway (36,000 AADT).
- Recently renovated, including a new roof in 2024 and updated HVAC units.
- 3,600 SF vacant unit suitable for owner‑user or investment.
- Equipped with three‑phase power for heavy electrical capacity.
- Durable construction with no flooding during Hurricane Ian.
- Includes asphalt parking for 8 cars plus on‑street parking.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.1k | $21.96 |
| − Vacancy | −$1.5k | −$0.42 |
| EGI | $77.6k | $21.54 |
| − OpEx | −$23.3k | −$6.46 |
| NOI | $54.3k | $15.08 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -81.9447
- Latitude
- 26.5653