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Property profile

1044 NE Pine Island Rd Cape Coral, FL 33909

FOR LEASE
Other warehouses
Property ID
US18-9458214
8,328 SF 2.25 ac lot Built 1982
Last sale Mar 2026 · $1,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two multi-tenant commercial buildings located at 1044 NE Pine Island Rd in Cape Coral. The buildings were renovated with improvements including replaced roofs, skylights, and added insulation, and feature parking lot resurfacing and enhancements. The interior clear height is approximately 17 feet, supporting warehouse and light commercial storage and operating needs. Each unit is served by a 12-foot by 14-foot hurricane-rated overhead door providing weather-resilient…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$1.09M
Assessed land$776k
Assessed improvement$315k
Effective rate1.35%

Value estimate

· Oct 2026
$1.33M
$1.19M – $1.46M
CAP approach$1.31M
Submarket $/SF estimate$1.43M
NOI build-up
Gross scheduled income$21k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 427.91% cap applied$14k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$189/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$117 – $320
Qualifying comparables19

Cap rate analysis

How does the asset earn?
427.91%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CORR
JurisdictionLEE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.0
Auto Parts Store15.1
Pharmacy14.5

Location

1044 NE Pine Island Rd Cape Coral, FL 33909
County assessor Recorded deeds · 5 transfers 19 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2404 Andalusia, Cape Coral, FL 33909-2901 $700,000 Jan 2025 6,397 SF
411 2nd, Cape Coral, FL 33909-1959 $1,900,000 Dec 2024 9,984 SF
2659 9th, Cape Coral, FL 33909-2917 $1,500,000 Aug 2024 12,000 SF
2602 9th, Cape Coral, FL 33909-2933 $1,796,800 Dec 2023 11,500 SF
2528 Andalusia, Cape Coral, FL 33909-2938 $1,250,000 Apr 2023 11,277 SF
425 3rd, Cape Coral, FL 33909-2502 $870,000 Jan 2023 6,186 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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