Flex Unit with
4519 Se 16th Pl Unit 105, Cape Coral, FL 33904
For Sale
Contact for pricing
Office reception, two private offices, an ADA restroom, and dedicated warehouse space support a range of business operations.
Property Size1,405 SF
Price / SF$2.14
Days on Market36
Property Features for 4519 Se 16th Pl Unit 105
General Information
Standard status
Size
Property subtype
Additional Details
Warehouse Space
Property Use
Building Details
Year Built
Listing Agency:
Phil Deems Real Estate
Listed By:
Phil Deems · License #252010067
(239) 945-4540
Source:
Naplespropertyguide
Added: Oct 5
Changed: Nov 3
Last Checked: Nov 8 at 7:30AM
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.
This 1,405-square-foot flex unit combines office space with a 1,000-square-foot warehouse. The office area includes a lobby and reception desk, two private offices, and an ADA restroom. A 12-foot overhead door provides warehouse access.
The property is located at 4519 SE 16th Place, Unit 105, in Cape Coral. Built in 2005, the unit brings office and warehouse functions together in one commercial space.
The property is located at 4519 SE 16th Place, Unit 105, in Cape Coral. Built in 2005, the unit brings office and warehouse functions together in one commercial space.
Key Highlights
- 1,405‑square‑foot flex unit with 1,000‑square‑foot warehouse
- 12‑foot overhead door
- Lobby and reception area with built‑in desk and workstation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,826
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,520
$256.5K
Cap Rate 7%
$183,229
$183.2K
Cap Rate 9%
$142,511
$142.5K
Market Conditions
NOI Build-Up for 1,405 SF
Gross rent
$19.4K $13.80/SF
− Vacancy
−$1.1K −$0.76/SF
EGI
$18.3K $13.04/SF
− OpEx
−$5.5K −$3.91/SF
NOI
$12.8K $9.13/SF
Area
Cape Coral, FL
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,520
Cap Rate 7%
$183,229
Cap Rate 9%
$142,511
Alternative Uses
Best Use
Flex RnD
$219.6K
$192.1K – $256.2K
NOI $15,370 @ 7.0% cap · market cap 512.33%
Second Best
Warehouse
$204.6K
$179.1K – $238.8K
NOI $14,325 @ 7.0% cap · market cap 477.50%
Theoretical Best
Office A
$364.6K
$319.0K – $425.3K
NOI $25,519 @ 7.0% cap · market cap 850.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,245
Businesses Nearby
Under-served
Demand for This Use
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
$347,100
Median Home Value
Market
Average Price Trend$/SF for Flex space in Cape Coral, FL
Properties on Market for Flex space in Cape Coral
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Catering By Jack & Michael — 4708 SE 8th Ct, Cape Coral, FL 33904
- Taco Works — 1017B Cape Coral Pkwy E, Cape Coral, FL 33904
- Red Roc Cravings — 1413 Cape Coral Pkwy E, Cape Coral, FL 33904
Frequently Asked Questions
What type of property is this?
Flex space - Office reception, two private offices, an ADA restroom, and dedicated warehouse space support a range of business operations.
Where is this flex space located?
The property is located at 4519 Se 16th Pl Unit 105 Cape Coral, FL.
What are key features of this property?
This property features: 1,405‑square‑foot flex unit with 1,000‑square‑foot warehouse; 12‑foot overhead door; Lobby and reception area with built‑in desk and workstation
