New Construction
For Sale
$459,900
873 Eisenhower Blvd, Lehigh Acres, FL 33974
Open-concept interiors feature quartz surfaces, white cabinetry, and stainless steel appliances.
Property Size3,675 SF
Price / SF$125.14
Days on Market14
Property Features for 873 Eisenhower Blvd
General Information
Standard status
Active
Size
3,675 SF
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$440
Amenities
backyard
Building Details
Buildings
1
Listing Agency:
Xclusive Homes LLC
(239) 771-1521
Listed By:
Jose Limpias · License #NAPLES-251500961
(239) 771-1521
Source:
Exprealty
Added: Aug 3
Changed: Aug 15
Last Checked: Aug 16 at 9:24AM
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 Xclusive Homes LLC
Investment Insights
Based on property information with market context.
This new-construction duplex offers a contemporary residential configuration with 3 bedrooms and 2 bathrooms. The interiors use an open-concept layout, quartz countertops in the kitchen and bathrooms, white wood cabinetry, and stainless steel appliances. Impact-resistant windows add a durable building feature, while the backyard provides outdoor space for household use, pets, or future projects.
The property is located at 873 Eisenhower Blvd in Lehigh Acres, FL, with hospitals, shopping centers, and pharmacies described as minutes away. Access to I-75 adds a direct regional transportation connection. The combination of recently built improvements, modern finishes, and a substantial backyard creates a practical option for residential occupancy or income-property ownership.
The property is located at 873 Eisenhower Blvd in Lehigh Acres, FL, with hospitals, shopping centers, and pharmacies described as minutes away. Access to I-75 adds a direct regional transportation connection. The combination of recently built improvements, modern finishes, and a substantial backyard creates a practical option for residential occupancy or income-property ownership.
Key Highlights
- New‑construction duplex with 3 bedrooms and 2 bathrooms
- Open‑concept layout with quartz countertops in the kitchen and bathrooms
- White wood cabinets and stainless steel appliances
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
$39,103
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
8.50%
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%
$782,060
$782.1K
Cap Rate 7%
$558,614
$558.6K
Cap Rate 9%
$434,478
$434.5K
Market Conditions
NOI Build-Up for 3,675 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
$59.5K $16.20/SF
− Vacancy
−$3.7K −$1.00/SF
EGI
$55.9K $15.20/SF
− OpEx
−$16.8K −$4.56/SF
NOI
$39.1K $10.64/SF
Area
ZIP 33974
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
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%
$782,060
Cap Rate 7%
$558,614
Cap Rate 9%
$434,478
Alternative Uses
Best Use
Multifamily LT 5
$558.6K
$488.8K – $651.7K
NOI $39,103 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$486.0K
$425.2K – $567.0K
NOI $34,018 @ 7.0% cap · market cap 7.40%
Theoretical Best
Specialty Retail
$1.41M
$1.24M – $1.65M
NOI $99,033 @ 7.0% cap · market cap 21.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Explore this area
Business Placement
Demographics for 33974, FL
17,233
Population
5,771
Households
3
Avg Household Size
33
Median Age
16%
College-Educated
84%
High-School Grad
22.4 sq mi
ZIP Area
769
Density / Sq Mi
$65,809
Median Household Income
$33,982
Median Earnings
$1,698
Median Rent
$272,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Open-concept interiors feature quartz surfaces, white cabinetry, and stainless steel appliances.
Where is this duplex located?
The property is located at 873 Eisenhower Blvd Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: New‑construction duplex with 3 bedrooms and 2 bathrooms; Open‑concept layout with quartz countertops in the kitchen and bathrooms; White wood cabinets and stainless steel appliances
