Flex Building with Pylon
4529 Del Prado Boulevard S, Cape Coral, FL 33904
For Sale
$1,150,000
CommercialSale, Cape Coral, FL
Property Size3,840 SF
Lot Size0.15 Acres
Price / SF$299.48
Days on Market192
Property Features for 4529 Del Prado Boulevard S
General Information
Property type
Property subtype
Zoning description
Subdivision
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Amenities
overhead doors
alley access
Building Details
Year built
Floors in Building
Listing Agency:
Professional Realty
(239) 772-1010
Listed By:
Jack Britton · License FL #252000141
(239) 851-2090
Added: May 5
Changed: Oct 10
Last Checked: Nov 12 at 5:06PM
MLS# 2026020507
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1973 flex property combines a front showroom with office and warehouse areas toward the rear. The building is currently configured as one unit but can be divided into two units. Rear warehouse areas include overhead doors with alley access, while the property also provides four front parking spaces and access to common-area parking. A newer TPO roof and one newer AC unit are in place.
The building sits on a 6,600 SF site adjoining a neighboring strip center, with pylon signage along Del Prado Boulevard South. It is zoned SC (South Cape), a classification identified as allowing many permitted uses. A flooring company currently occupies the property on a month-to-month basis and would like to remain.
The building sits on a 6,600 SF site adjoining a neighboring strip center, with pylon signage along Del Prado Boulevard South. It is zoned SC (South Cape), a classification identified as allowing many permitted uses. A flooring company currently occupies the property on a month-to-month basis and would like to remain.
Key Highlights
- Flex building with showroom, office, and warehouse areas
- Configurable as one unit or two units
- Two rear warehouse spaces with overhead doors and alley access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,907
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,158,140
$1.2M
Cap Rate 7%
$827,243
$827.2K
Cap Rate 9%
$643,411
$643.4K
Market Conditions
NOI Build-Up for 3,840 SF
Gross rent
$84.3K $21.96/SF
− Vacancy
−$1.6K −$0.42/SF
EGI
$82.7K $21.54/SF
− OpEx
−$24.8K −$6.46/SF
NOI
$57.9K $15.08/SF
Area
Cape Coral, FL
Vacancy
1.90%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,158,140
Cap Rate 7%
$827,243
Cap Rate 9%
$643,411
Alternative Uses
Best Use
Retail
$827.2K
$723.8K – $965.1K
NOI $57,907 @ 7.0% cap · market cap 5.04%
Second Best
Flex RnD
$600.1K
$525.1K – $700.1K
NOI $42,008 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$996.4K
$871.8K – $1.16M
NOI $69,747 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
Single-tenant
Tenancy
Yes
Paved road access
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
$347,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Showroom, office, and warehouse areas support single- or two-unit occupancy with alley-served rear access.
Where is this flex space located?
The property is located at 4529 Del Prado Boulevard S Cape Coral, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Flex building with showroom, office, and warehouse areas; Configurable as one unit or two units; Two rear warehouse spaces with overhead doors and alley access
