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    5110-5120 Pine Island Rd Bokeelia, FL 33922

    Sponsored
    For Sale
    $3,295,000

    7000 sq ft addition to Publix; excellent investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 5110-5120 Pine Island Road NW in Bokeelia, Florida (zip code 33922), presents a unique investment opportunity. The property consists of a 7,000 square foot addition to the Pine Island Publix Shopping Center, situated on a 1.238-acre lot. The building features five bays, each measuring 1400 square feet, complete with a washroom, wash tub, and drinking fountain. Two bays are currently leased to Dr. Watson Liquors, while three bays are available as vacant, gray boxes. The property includes a completed sprinkler system (requiring head adjustments based on ceiling type) and roof-mounted A/C units (needing ductwork). Convenient features include a front entrance for customers and a rear entrance for deliveries. The property boasts a prime location within the shopping center, offering ample parking and high visibility. This presents an excellent investment opportunity with significant potential for future growth and returns in the thriving Pine Island market. The property is offered at an asking price of $3,295,000.

    Property Features for 5110-5120 Pine Island Rd

    General Information

    Property type
    Land
    Lot Size
    53,927 SF

    HighLights

    • $3,295,000 asking price.
    • 1.238‑acre commercial land parcel.
    • Located at 5110‑5120 Pine Island Road NW, Bokeelia, FL 33922.
    • 7,000 sq ft new addition to the Pine Island Publix Shopping Center, featuring five 1,400 sq ft bays with washrooms.
    • Three vacant bays available as shell space; two bays leased to Dr. Watson Liquors.
    Property Profile 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 Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bokeelia
    County
    Lee
    State
    Florida
    Longitude
    -82.1107959
    Latitude
    26.615351

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    FAQs

    What type of property is this?
    Land - 7000 sq ft addition to Publix; excellent investment.
    Where is this land located?
    The property is located at 5110-5120 Pine Island Rd Bokeelia, FL.
    What is the asking price?
    The asking price for this property is $3,295,000.
    What are key features of this property?
    This property features: $3,295,000 asking price.; 1.238-acre commercial land parcel.; Located at 5110-5120 Pine Island Road NW, Bokeelia, FL 33922.
    Request Owner's contact information
    5110-5120 Pine Island Rd Bokeelia, FL 33922
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    Bokeelia, FL 33922
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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
    5110-5120 Pine Island Rd Bokeelia, FL 33922
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