Flex Space with Overhead
930 SE 9th Lane, Cape Coral, FL 33990
For Sale
New
$1,895,000
CommercialSale, Cape Coral, FL
Property Size9,488 SF
Lot Size0.52 Acres
Price / SF$199.73
Days on Market3
Property Features for 930 SE 9th Lane
General Information
Property type
Property subtype
Zoning description
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Water front features
Water front
Building Details
Year built
Floors in Building
Listing Agency:
Century 21 Selling Paradise
(239) 542-5777
Listed By:
Jack Martin · License FL #278007007
(239) 707-9015
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 5:06PM
MLS# 2026047443
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1987, this 9,488-square-foot flex property contains multiple units, with one unit currently available. The units are handicap compliant and have 15-foot overhead doors; clear height is 20 feet. The roof was replaced in 2018. The parcel comprises 0.517 acres and has canal access.
The property is located in Cape Coral. Existing tenants may be moved to NNN leases when their agreements come up for renewal.
The property is located in Cape Coral. Existing tenants may be moved to NNN leases when their agreements come up for renewal.
Key Highlights
- 9,488‑square‑foot flex property on 0.517 acres
- One unit currently available
- 15‑foot overhead doors and 20‑foot clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,794
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,075,880
$2.1M
Cap Rate 7%
$1,482,771
$1.5M
Cap Rate 9%
$1,153,267
$1.2M
Market Conditions
NOI Build-Up for 9,488 SF
Gross rent
$170.8K $18.00/SF
− Vacancy
−$11.1K −$1.17/SF
EGI
$159.7K $16.83/SF
− OpEx
−$55.9K −$5.89/SF
NOI
$103.8K $10.94/SF
Area
Cape Coral, FL
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,075,880
Cap Rate 7%
$1,482,771
Cap Rate 9%
$1,153,267
Alternative Uses
Best Use
Flex RnD
$1.48M
$1.30M – $1.73M
NOI $103,794 @ 7.0% cap · market cap 5.48%
Second Best
Warehouse
$1.38M
$1.21M – $1.61M
NOI $96,739 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $172,332 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
20 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,067
Businesses Nearby
Under-served
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
$330,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Cape Coral, FL
Properties on Market for Flex space in Cape Coral
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Accessible units and a 2018 roof replacement add practical features to this Cape Coral property.
Where is this flex space located?
The property is located at 930 SE 9th Lane Cape Coral, FL.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 9,488‑square‑foot flex property on 0.517 acres; One unit currently available; 15‑foot overhead doors and 20‑foot clear height
