1011 Pne Is Rd Cape Coral, FL 33991-1952
Property profile & analytics
1011 Pne Is Rd Cape Coral, FL 33991-1952
- Gas stations
- 5,191 SF
- 1.34 lot acres
Property ID
US18-8391163
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Tire Choice Auto Service Centers / (Bike/Boat/Book/etc) Store / Auto Parts Store
Property Details for 1011 Pne Is Rd
- Year built
- 2019
- Construction
- STEEL FRAME
- Lot size
- 1.34 lot acres
- Property size
- 5,191 SF
- Zone code
- C3-D
- Property type
- Gas stations
- APN
- 15-44-23-C3-12361.1030
- APU
- 154423C3123611030
Description
This exceptional investment opportunity presents a fee-simple ownership of a 5,400 square foot Tire Choice auto shop in Cape Coral, Florida. Built in 2019, this single-tenant, 100% occupied property sits on a 1.34-acre lot with 22 parking spaces. The property boasts a strong 6.10% cap rate and a substantial net operating income (NOI) of $181,500. The lease is a modified NNN, with the landlord responsible only for roof and structure maintenance. Rent increases by 10% every five years, providing consistent income growth. The property is strategically located at 1011 SW Pine Island Rd, Cape Coral, FL 33991, on a major commuter artery with a high daily traffic count of 66,000 vehicles. This prime location benefits from a dense population with high household incomes, further supported by significant projected population growth in the area (25% within 1 mile in 5 years). The property's success is underpinned by Tire Choice's strong brand recognition, corporate guarantee, and the essential nature of its services, making it resilient to economic downturns and e-commerce competition. The property's APN is 15-44-23-C3-12361.1030. This is a rare chance to acquire a high-performing asset in a rapidly expanding market. Asking price is $2,975,000 ($550.93/sq ft).
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $901,000
Market price range: $322k - $1.12M -
Alternative Use
- Use
- Estimation
- SERVICE STATION (FULL SERVICE)
- $1,100,000 Current use
- MEDICAL BUILDING
- $1,595,000 Change: +45% Conversion: Difficult
- RETAIL STORES
- $1,580,000 Change: +43% Conversion: Difficult
- OFFICE BUILDING
- $1,120,000 Change: +1% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -81.994
- Latitude
- 26.6444
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,963
$562,523
$468,284
$1,030,807
-
$562,523
$468,284
$1,030,807
