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Property profile & analytics
OFF-MARKET
Specialty properties

5110-5120 Pine Island Rd Bokeelia, FL 33922

1.24 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Specialty properties
Lot 1.24 ac (53,927 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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