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Property profile & analytics
OFF-MARKET
Warehouses

1116 12th Ct Cape Coral, FL 33990-3648

3,510 SF 0.17 ac lot Built 1973
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-3057391
Property summary
AI-generated overview

This exceptional 3,510-square-foot flex space property at 1116 SE 12th Court in Cape Coral, Florida, presents a lucrative investment opportunity. Situated on a 0.17-acre lot, this 1973-built property underwent a significant renovation in 2018. The building boasts a desirable blend of flexible industrial space and climate-controlled office areas, perfectly suited for a variety of uses. Two convenient roll-up doors provide easy access from both the front and rear of the building, enhancing operational efficiency. A key feature is the seven-unit storage facility, currently operating at 100% occupancy. While specific income figures for the storage units are available upon request, this high occupancy rate speaks to the strong demand and potential for consistent rental income. The property's prime location in the heart of Cape Coral ensures excellent visibility and accessibility. This owner-user opportunity combines the benefits of a well-maintained industrial space with a profitable income-generating component, making it an attractive investment in a thriving Florida market. The property's zip code is 33990, and it's located in Lee County. A video tour is available online.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,510 SF
Lot 0.17 ac (7,500 SF)
Zoning code I-1
APN 19-44-24-C1-00779.0430
UPID US18-3057391
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
  • Used Old Wood General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Phyllis Bobay · 1 yrs held
Phyllis Bobay
since 2025
Last sale
$700,000
1 recorded transaction
2025
$700,000
Zoning & alternative use
I-1 · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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