Cape Coral Industrial
2501 Diplomat Pkwy E Cape Coral, FL 33909
2501 Diplomat Pkwy E, Cape Coral, FL, 33909
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For Sale
Contact for pricing
3.362-acre industrial property with plans for a 24,000 SF warehouse.
Property Size24,000 SF
Lot Size3.36 Acres
Price / SF$229.13
Days on Market687
Property Features for 2501 Diplomat Pkwy E
General Information
- Standard status
- Active
- Size
- 24,000 SF
- Lot size
- 3.36 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2025
Listing agency
Sea Glass Gulf Realty
(239) 257-5095
Listed by
Brandon Reitz · License #SL3340817
Source
Crexi
Added: Sep 3, 2024 Updated: Jul 6 at 8:13AM Checked: Jul 21 at 5:41AM
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 Sea Glass Gulf Realty
Investment Insights
Based on property information with market context.
Located at the corner of Diplomat Pkwy E and Corbett Rd in Cape Coral, FL, this 3.362-acre commercial property is zoned for industrial use (I). It includes developed plans and specifications for a 24,000 square foot steel clearspan warehouse. The structure will feature nine 12'x14' grade-level overhead access doors and a 20-foot eave height. The project incorporates 59 planned parking spaces, including eight 50-foot deep truck slots, and dual access points from both Diplomat Pkwy E and Corbett Rd. A flexible office build-out within the warehouse can be tailored to the buyer's needs. The north side of the property is designed for an unpaved/gravel outdoor storage area. The property's location provides access to US-41 and I-75. Cape Coral has a population exceeding 200,000 and is experiencing rapid growth. This property is suitable for establishing a purpose-built facility or for a build-to-lease investment. It is positioned within a rapidly developing area, near federally-owned properties, and offers potential for return on investment.
Key Highlights
- Prime location at the corner of Diplomat Pkwy E and Corbett Rd in Cape Coral, FL, offering high visibility and accessibility.
- Approved plans and specifications for a 24,000 sq ft steel clearspan warehouse, providing a turn‑key solution.
- Zoned for industrial use (I), suitable for a wide range of business applications.
Local Financial Insights For Warehouse
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 | $302.4k | $12.60 |
| − Vacancy | −$14.5k | −$0.60 |
| EGI | $287.9k | $12.00 |
| − OpEx | −$43.2k | −$1.80 |
| NOI | $244.7k | $10.20 |
24,000 SF · lease $12.60/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.50M
$3.06M – $4.08M
NOI $244,702 @ 7.0% cap · market cap 4.45%
Second Best
Industrial
$3.13M
$2.74M – $3.65M
NOI $219,089 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$6.23M
$5.45M – $7.27M
NOI $435,917 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Diplomat (RV Storage, Boat Storage) — 2900 Diplomat Pkwy E, Cape Coral, FL 33909
- Stor Rite Self Storage — 2555 Pine Island Rd, Cape Coral, FL 33909
FAQs
What type of property is this?
Warehouse - 3.362-acre industrial property with plans for a 24,000 SF warehouse.
Where is this warehouse located?
The property is located at 2501 Diplomat Pkwy E Cape Coral, FL.
What is the asking price?
The asking price for this property is $5,499,000.
What are key features of this property?
This property features: Prime location at the corner of Diplomat Pkwy E and Corbett Rd in Cape Coral, FL, offering high visibility and accessibility.; Approved plans and specifications for a 24,000 sq ft steel clearspan warehouse, providing a turn‑key solution.; Zoned for industrial use (I), suitable for a wide range of business applications.
