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Property profile & analytics
OFF-MARKET Estimated value $975,000
Parking lots & garages

1119 Pne Is Rd Cape Coral, FL 33991

45,534 SF 1.05 ac lot Built 2017
Individually Owned 2-yr Hold Free & Clear
Property ID
US18-8272453
Property summary
AI-generated overview

The Shops at Cape Crossing presents a unique opportunity for businesses seeking prime retail space in Lee County, Florida. This exciting new development, slated for completion in Q2 2025, offers a combined ±6,000 square feet of space currently available for lease or sale. The property comprises two lots, Lot 3 and Lot 5, each encompassing 1.04 acres of land. This provides ample space for a variety of commercial uses. The development boasts a highly desirable location with prime frontage on Pine Island Road, ensuring excellent visibility and accessibility. In addition to direct access from Pine Island Road, the property also offers full access via Ceitus Terrace, providing convenient ingress and egress for customers and employees. The flexible zoning allows for a wide range of commercial uses, including retail, medical offices, fast food establishments, automotive businesses, general office space, and restaurants. This makes it an ideal location for a diverse range of businesses seeking to establish a presence in a thriving area. With its strategic location, ample space, and flexible zoning, the Shops at Cape Crossing represents a compelling investment opportunity. The total building square footage will be ±6,000 SF, all of which is currently vacant and ready for immediate occupancy upon completion.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 2017
Total area 45,534 SF
Lot 1.05 ac (45,534 SF)
APN 15-44-23-C3-11000.0050
UPID US18-8272453
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$975k
Owner & transaction history
Tbs Spotllc · 2 yrs held
Tbs Spotllc
since 2024
Last sale
$975,000
2 recorded transactions
2024
$975,000
2022
$466,700
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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