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    19 Pine Island Rd Cape Coral, FL 33909

    For Sale
    $1,750,000

    1.56 Acres, High Traffic, $1.75M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.56-acre commercial outparcel presents a remarkable investment opportunity in Cape Coral, Florida. Located at 19 NE Pine Island Rd, this Class A property boasts a prime location directly on Pine Island Road, just east of the Santa Barbara Boulevard intersection. The high visibility ensures significant exposure to the substantial daily traffic volume of 54,500 cars on NE Pine Island Road. The property's zoning is COMMERCIAL, allowing for a variety of retail uses. Adding to its appeal, a new Class A multifamily development is planned directly behind the property, promising increased foot traffic and potential synergy. The site's strategic location places it adjacent to Gator Mike's Family Fun Park and in close proximity to major retailers such as Sam's Club, Publix, and Kohl's, further enhancing its desirability and potential for strong returns. The asking price for this exceptional retail land is $1,750,000. This is an unparalleled chance to acquire a highly visible and strategically positioned commercial property in a thriving Florida market. Don't miss this opportunity to capitalize on the growth and potential of this prime location.

    Property Features for 19 Pine Island Rd

    General Information

    Property type
    Land
    Class
    A
    Lot Size
    67,954 SF

    HighLights

    • Prime NE Pine Island Road frontage.
    • New Class A multifamily development directly behind the site.
    • Adjacent to Gator Mike's Family Fun Park.
    • Excellent retail proximity including Sam's Club, Publix, and Kohl's.
    • High traffic count: 54,500 cars per day on NE Pine Island Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.9726602
    Latitude
    26.6552065

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    FAQs

    What type of property is this?
    Land - 1.56 Acres, High Traffic, $1.75M
    Where is this land located?
    The property is located at 19 Pine Island Rd Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Prime NE Pine Island Road frontage.; New Class A multifamily development directly behind the site.; Adjacent to Gator Mike's Family Fun Park.
    Request Owner's contact information
    19 Pine Island Rd Cape Coral, FL 33909
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    Cape Coral, FL 33909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19 Pine Island Rd Cape Coral, FL 33909
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