Two Office Units
For Sale
Contact for pricing
2804 Del Prado Blvd S Unit 106, Cape Coral, FL 33904
Two office units available for sale, 1,000 sf each.
Property Size1,000 SF
Price / SF$1.98
Days on Market230
Property Features for 2804 Del Prado Blvd S Unit 106
General Information
Standard status
Active
Size
1,000 SF
Building Details
Year Built
1986
Listing Agency:
Phil Deems Real Estate
Listed By:
Phil Deems · License #252010067
(239) 945-4540
Source:
Swfloridarealestate
Added: Mar 10
Changed: Oct 15
Last Checked: Oct 7 at 2:16PM
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 Phil Deems Real Estate
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Investment Insights
Based on property information with market context.
Two office units, each measuring 1,000 square feet, are available for purchase. Unit 106 is located on the first floor and features a lobby, four private offices, a conference room, a storage closet, and a restroom. Unit 204 is situated on the second floor and includes a large lobby with offices that overlook the gulf access canal. A discount is available for the second-floor office unit.
Key Highlights
- Two 1,000 sf office spaces available.
- Unit 106: First floor location with lobby, 4 private offices, conference room, storage, and restroom.
- Unit 204: Second floor with large lobby and offices overlooking gulf access canal.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,153
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,060
$283.1K
Cap Rate 7%
$202,186
$202.2K
Cap Rate 9%
$157,256
$157.3K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$22.2K $22.20/SF
− Vacancy
−$3.3K −$3.33/SF
EGI
$18.9K $18.87/SF
− OpEx
−$4.7K −$4.72/SF
NOI
$14.2K $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%
$283,060
Cap Rate 7%
$202,186
Cap Rate 9%
$157,256
Alternative Uses
Best Use
Office B
$202.2K
$176.9K – $235.9K
NOI $14,153 @ 7.0% cap · market cap 716.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$259.5K
$227.0K – $302.7K
NOI $18,163 @ 7.0% cap · market cap 919.65%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
626
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
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two office units available for sale, 1,000 sf each.
Where is this office unit located?
The property is located at 2804 Del Prado Blvd S Unit 106 Cape Coral, FL.
What are key features of this property?
This property features: Two 1,000 sf office spaces available.; Unit 106: First floor location with lobby, **4 private offices, conference room, storage, and restroom.**; Unit 204: Second floor with large lobby and offices overlooking gulf access canal.
