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    & Coral Pt Dr Cape Coral, FL 33990
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    Property profile & analytics

    & Coral Pt Dr Cape Coral, FL 33990

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    • Retail properties & Spaces
    • 125,108 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 & Coral Pt Dr

    Property size
    125,108 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Mixed-use properties

    Description

    Coral Pointe Shopping Center, located in Cape Coral, Florida, presents a compelling mixed-use retail investment opportunity. This 125,108 square foot center boasts a prime location at the intersection of Del Prado Blvd. S. and Coral Point Dr., in Lee County (zip code 33990). Currently, there is 2,004 square feet of vacant retail space available, perfect for a variety of businesses. The property features a strong lineup of national tenants, all demonstrating excellent performance. Ample parking is provided with 466 spaces to accommodate customers and employees. The center's prominent location along Del Prado Blvd. ensures high visibility and accessibility for potential tenants and customers. This is an exceptional opportunity to acquire a well-established retail center in a thriving Florida market. The property's strong tenant mix and high-traffic location make it an attractive investment for both seasoned and emerging investors seeking a stable and profitable retail asset. The available space offers a chance to expand the existing tenant roster and further enhance the center's already impressive performance. Detailed financial information is available upon request. This is a rare opportunity to acquire a significant retail presence in a high-growth area of Southwest Florida.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.9395
    Latitude
    26.6191

    Comparable in this City

    • Value Estimation
      $6,685,000
      27,025 SF

      1410 Del Prado S Blvd, Unit 1502

      DEPARTMENT STORE • 27,025 SF
      1410 Del Prado S Blvd, Cape Coral, FL 33990-3789
      View Details
    • Value Estimation by Request
      15,098 SF

      155 Hancock Bridge Pkwy

      Lifestyle centers • 15,098 SF
      155 Hancock Bridge Pkwy, Cape Coral, FL 33990
      View Details
    • Value Estimation by Request
      1,773 SF

      1404 Del Prado Blvd S Ste, Unit 190

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,773 SF
      1404 Del Prado Blvd S Ste, Cape Coral, FL 33990-3792
      View Details
    • Value Estimation
      $1,090,000
      5,135 SF

      1910 Del Prado S Blvd

      STORE/OFFICE (MIXED USE) • 5,135 SF
      1910 Del Prado S Blvd, Cape Coral, FL 33990-4533
      View Details
    • Value Estimation by Request
      1,835 SF

      2307 15th Pl

      STORE/OFFICE (MIXED USE) • 1,835 SF
      2307 15th Pl, Cape Coral, FL 33990-6620
      View Details
    • Value Estimation
      $785,000
      2,849 SF

      232 Del Prado S Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,849 SF
      232 Del Prado S Blvd, Cape Coral, FL 33990-1726
      View Details

    Similar Nearby for Sale

    • $1,900,000

      Entitled Land Mixed-Use Development

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      1,992 SF

      Popeyes Restaurant in Pembroke, NC

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      Turnkey Restaurant Opportunity

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    • $1,400,000
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      Turnkey Tea Destination in Cape Coral

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      2,200 SF

      Cape Coral Vacant Retail Building

      Freestanding 2,220 SF retail building in Cape Coral, Florida.
      825 Del Prado Blvd, Cape Coral, FL 33990
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    Similar Nearby for Lease

    • Contact for pricing

      Restaurant & Retail Space Available

      Second generation restaurant and inline retail opportunity for lease.
      231 Del Prado Blvd S, Cape Coral, FL 33990
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    • New
      $22 SF/Yr
      52,098 SF

      Retail Space in Merchants Plaza

      Retail space available in February 2026 in Cape Coral.
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      View Details
    • $24 SF/Yr
      5,250 SF

      Cape Coral Retail Space Available

      Retail space for lease in Cape Coral, Florida.
      3571 Del Prado Blvd N, Cape Coral, FL 33990
      View Details
    • Contact for pricing

      Established Retail Center on Del Prado

      Well-located retail center with high visibility and ample parking.
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      View Details
    • $22 SF/Yr
      30,013 SF

      Retail Space in Cape Coral

      2,850 SF retail space with high traffic and accessibility.
      1910 Del Prado Blvd S, Cape Coral, FL 33990
      View Details
    • $22 SF/Yr
      14,985 SF

      Renovated Industrial Property in Cape Coral

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      1002 SE 9Th St, Cape Coral, FL 33990
      View Details
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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