Industrial Flex
927 Se 13th Ave Cape Coral, FL 33909
927 Se 13th Ave, Cape Coral, FL, 33909
$899,000
For Sale
$899,000
Large open warehouse includes two overhead garage doors, plus office space with multiple workstation areas.
Property Size4,140 SF
Price / SF$217.15
Days on Market92
Property Features for 927 Se 13th Ave
General Information
- Standard status
- Active
- Size
- 4,140 SF
Listing agency
Ellis Real Estate Group LLC
(239) 633-7560
Listed by
Stan Ellis · License #258017440
(239) 633-7560
Source
Exprealty
Added: Apr 22 Updated: Jul 21 at 1:45PM Checked: Jul 21 at 1:45PM
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 Ellis Real Estate Group LLC
Investment Insights
Based on property information with market context.
This industrial flex warehouse offers a large open workspace and a dedicated office area designed to accommodate multiple workstations and staff. The warehouse features two overhead garage doors with access from SE 10th St, supporting straightforward loading and tenant workflow.
In addition to the main warehouse doors, there is an overhead garage door on the East side that provides access to a 2-post vehicle lift. The property is described as having access from three sides, supporting flexible site operations and efficient movement within the facility.
Overall, the layout combines open warehouse space, overhead door access, and an office component in a single property configuration.
In addition to the main warehouse doors, there is an overhead garage door on the East side that provides access to a 2-post vehicle lift. The property is described as having access from three sides, supporting flexible site operations and efficient movement within the facility.
Overall, the layout combines open warehouse space, overhead door access, and an office component in a single property configuration.
Key Highlights
- Access from 3 sides for convenient industrial entry and circulation
- Large open warehouse space with 2 overhead garage doors
- Warehouse access from SE 10th St
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.5k | $18.00 |
| − Vacancy | −$4.8k | −$1.17 |
| EGI | $69.7k | $16.83 |
| − OpEx | −$24.4k | −$5.89 |
| NOI | $45.3k | $10.94 |
4,140 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$647.0K
$566.1K – $754.8K
NOI $45,290 @ 7.0% cap · market cap 5.04%
Second Best
Warehouse
$603.0K
$527.6K – $703.5K
NOI $42,211 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$1.07M
$940.0K – $1.25M
NOI $75,196 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Island Coast Cabinet ...
General Contractor
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Similar Off Market Nearby
- Little Joe's Special Events — 818 NE 8th St, Cape Coral, FL 33909
FAQs
What type of property is this?
Flex space - Large open warehouse includes two overhead garage doors, plus office space with multiple workstation areas.
Where is this flex space located?
The property is located at 927 Se 13th Ave Cape Coral, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Access from 3 sides for convenient industrial entry and circulation; Large open warehouse space with 2 overhead garage doors; Warehouse access from SE 10th St
