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    Cape Coral Retail/Office Unit Title is generated by Realmo AI

    1518 SE 46th Ln, Cape Coral, FL

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    3,600 SF vacant retail/office unit in downtown Cape Coral.

    Type:RETAIL
    Property size:
    3,600 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $248/SF
    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 us

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    Listing Contact
    Bruce Micciche, CCIM
    Bruce Micciche, CCIM

    Listing agent Bruce Micciche, CCIM

    Listing office LQ Commercial - Corporate

    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

    This 3,600 square foot vacant retail or office unit is available for sale in downtown Cape Coral, Florida, suitable for either an owner-user or as an investment property. The property benefits from extremely easy access to Del Prado Boulevard, which sees an average annual daily traffic count of 42,500, and Cape Coral Parkway, with an AADT of 36,000. Recent renovations include a new roof installed in 2024 and four commercial HVAC units, all of which are five years old or less. The property features three-phase power, providing heavy electrical capacity for diverse commercial uses. Asphalt parking is available for eight cars, supplemented by on-street parking. Constructed for durability, the building experienced no flooding during Hurricane Ian.

    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
    3,600 SF · lease $21.96/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $775.5K
    $678.6K – $904.8K (±1% cap)
    NOI $54,288 @ 7.0% cap · market cap 6.07%
    Second Best
    Office B
    $727.8K
    $636.9K – $849.2K (±1% cap)
    NOI $50,949 @ 7.0% cap · market cap 5.69%
    Theoretical Best
    Office A
    $934.1K
    $817.4K – $1.09M (±1% cap)
    NOI $65,388 @ 7.0% cap · market cap 7.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Arthur Printing Marketing & Advertising

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.9447
    Latitude
    26.5653

    FAQs

    What type of property is this?
    Retail space - 3,600 SF vacant retail/office unit in downtown Cape Coral.
    Where is this retail space located?
    The property is located at 1518 SE 46th Ln Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: 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.
    (941) 999-1188 Call to check price and availability
    More about this property
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