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Property profile & analytics
FOR SALE
Turn key restaurants

10502 Stringfellow Rd Bokeelia, FL 33922

3,057 SF 0.87 ac lot Built 1951
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US18-1168936
Property summary
AI-generated overview

This exceptional 0.87-acre commercial land parcel in Bokeelia, Florida, presents a remarkable redevelopment opportunity. Located at 10502 Stringfellow Rd, Lee County, FL 33922 (APN: 28-44-22-01-0000A.0010), this property boasts a highly desirable C-1 zoning, allowing for a diverse range of commercial uses. The site features approximately 190 linear feet of frontage on Pine Island Road NW, providing excellent visibility and accessibility. Its prime location in the heart of Pine Island places it within walking distance of numerous retail shops and restaurants, ensuring high foot traffic and customer accessibility. This hard corner lot offers significant development potential, further enhanced by the availability of an adjacent 0.64-acre parcel (also C-1 zoned, with a future land use of Urban Community), creating a combined 1.51 acres for a larger-scale project. The assemblage opportunity allows for expansive development options. The property is conveniently located, with proximity to major amenities including Publix (0.5 miles), Winn-Dixie (0.7 miles), Matlacha (3.1 miles), Cape Coral Hospital (12 miles), US-41 (18 miles), I-75 (22.8 miles), and Southwest Florida International Airport (RSW) (32.6 miles). The asking price is $1,500,000. Build-to-suit options are also available.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1951
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,057 SF
Lot 0.87 ac (38,049 SF)
Zoning code C-1
APN 28-44-22-01-0000A.0010
UPID US18-1168936
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
Current use
Occupant on record · Public records
  • Annie B's Apothecary Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k
Owner & transaction history
Goss Ventures LLC · 6 yrs held
Goss Ventures LLC
since 2019
2 recorded transactions
2019
$503,000
2001
$550,000
Zoning & alternative use
C-1 · Bokeelia, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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