Industrial Warehouse with Fenced
For Sale
$1,498,000
916 14th Avenue, Cape Coral, FL 33990
Industrial warehouse includes dock-high loading doors and a fully fenced yard on a double lot.
Property Size4,796 SF
Price / SF$312.34
Days on Market82
Property Features for 916 14th Avenue
General Information
Standard status
Active
Size
4,796 SF
Property subtype
Retail
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Taxes and HOA fees
Annual Taxes
$11,025
Amenities
3
Building Details
Year Built
1977
Listing Agency:
RE/MAX Nautical Realty
(239) 542-3332
Listed By:
Rachael Guertin
(239) 600-0038
Source:
Xome
Added: Jun 15
Changed: Sep 4
Last Checked: Sep 4 at 7:11AM
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 RE/MAX Nautical Realty
Investment Insights
Based on property information with market context.
916 SE 14th Ave is a ±4,796 SF industrial warehouse offering dock-high loading doors and an operationally flexible site. The property sits on a rare double lot with a large, fully fenced yard, supporting practical needs for secured outdoor storage and equipment staging.
Located in central Cape Coral, the property is positioned to serve warehouse, distribution, or service-based users that prioritize efficient loading and controlled yard space.
With its combination of dock-high access and fenced outdoor area on a larger-than-standard lot configuration, the building is well suited for owner-users seeking room to store and operate on-site.
Located in central Cape Coral, the property is positioned to serve warehouse, distribution, or service-based users that prioritize efficient loading and controlled yard space.
With its combination of dock-high access and fenced outdoor area on a larger-than-standard lot configuration, the building is well suited for owner-users seeking room to store and operate on-site.
Key Highlights
- ±4,796 SF industrial warehouse in central Cape Coral
- Dock‑high loading doors for efficient loading and unloading
- Fully fenced yard provides secured outdoor space for operations
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
$48,900
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
3.26%
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%
$978,000
$978.0K
Cap Rate 7%
$698,571
$698.6K
Cap Rate 9%
$543,333
$543.3K
Market Conditions
NOI Build-Up for 4,796 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
$60.4K $12.60/SF
− Vacancy
−$2.9K −$0.60/SF
EGI
$57.5K $12.00/SF
− OpEx
−$8.6K −$1.80/SF
NOI
$48.9K $10.20/SF
Area
Cape Coral, FL
Vacancy
4.80%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
15.00%
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%
$978,000
Cap Rate 7%
$698,571
Cap Rate 9%
$543,333
Alternative Uses
Best Use
Warehouse
$698.6K
$611.3K – $815.0K
NOI $48,900 @ 7.0% cap · market cap 3.26%
Second Best
Industrial
$625.4K
$547.3K – $729.7K
NOI $43,781 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $87,111 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33990, FL
32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mid Cape Commercial Center — 1020 NE Pine Island Rd, Cape Coral, FL 33909
- A1 Shelters Self Storage — 1318 NE Pine Island Rd, Cape Coral, FL 33909
- City of Palms Movers — 715 ne 19th pl unit 33, cape coral, fl 33909
- Spacebox Storage Cape Coral — 780 NE 19th Pl, Cape Coral, FL 33909
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse includes dock-high loading doors and a fully fenced yard on a double lot.
Where is this warehouse located?
The property is located at 916 14th Avenue Cape Coral, FL.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: ±4,796 SF industrial warehouse in central Cape Coral; Dock‑high loading doors for efficient loading and unloading; Fully fenced yard provides secured outdoor space for operations
