Cape Coral Parkway Office
For Sale
Contact for pricing
725 Cape Coral Parkway W, Cape Coral, FL 33914
Corner lot office building with high traffic exposure.
Property Size7,000 SF
Lot Size0.50 Acres
Price / SF$228.57
Days on Market712
Property Features for 725 Cape Coral Parkway W
General Information
Standard status
Active
Size
7,000 SF
Total Parking Spaces
39
Lot size
0.50 Acres
Property subtype
Special Purpose
Building Details
Stories
2
Listing Agency:
CENTURY 21 SUNBELT REALTY
(239) 349-6108
Listed By:
Jim Fischer · License #FL3094550
Source:
Crexi
Added: Sep 11, 2024
Changed: Aug 21
Last Checked: Aug 21 at 9:23AM
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 CENTURY 21 SUNBELT REALTY
Investment Insights
Based on property information with market context.
Located in Cape Coral, this property offers almost 7,000 square feet of office space on over half an acre of land. The building occupies a corner lot at the intersection of Cape Coral Parkway and Skyline Boulevard, benefiting from high traffic volume, with Lee County traffic reports indicating an average of over 30,000 cars passing through the intersection daily. Access is available via a turn lane on Cape Coral Parkway and from Skyline Boulevard through an alley on the north side of the building. The first floor features 17 private offices, two conference rooms, two bathrooms, a large breakroom area, an expansive lobby with a sitting area, and a reception space. The second floor provides an open space layout with two bathrooms and a kitchen area. This corner lot location on Cape Coral Parkway presents various possibilities.
Key Highlights
- High‑traffic location: Corner lot at Cape Coral Pkwy and Skyline Blvd with over 30,000 cars passing daily.
- Large office space: Almost 7,000 sqft on over half an acre.
- Multiple access points: Turn lane on Cape Coral Pkwy and access from Skyline Blvd.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$99,068
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,981,360
$2.0M
Cap Rate 7%
$1,415,257
$1.4M
Cap Rate 9%
$1,100,756
$1.1M
Market Conditions
NOI Build-Up for 7,000 SF
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.
Gross rent
$155.4K $22.20/SF
− Vacancy
−$23.3K −$3.33/SF
EGI
$132.1K $18.87/SF
− OpEx
−$33.0K −$4.72/SF
NOI
$99.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,981,360
Cap Rate 7%
$1,415,257
Cap Rate 9%
$1,100,756
Alternative Uses
Best Use
Office B
$1.42M
$1.24M – $1.65M
NOI $99,068 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,142 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Explore this area
Business Placement
Demographics for 33914, FL
42,222
Population
22,936
Households
1.8
Avg Household Size
52
Median Age
28%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
1,885
Density / Sq Mi
$75,557
Median Household Income
$41,672
Median Earnings
$1,714
Median Rent
$408,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Corner lot office building with high traffic exposure.
Where is this office building located?
The property is located at 725 Cape Coral Parkway W Cape Coral, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: High‑traffic location: **Corner lot at Cape Coral Pkwy and Skyline Blvd with over 30,000 cars passing daily.**; Large office space: **Almost 7,000 sqft on over half an acre.**; Multiple access points: Turn lane on Cape Coral Pkwy and access from Skyline Blvd.
