1511 Pne Is Rd Cape Coral, FL 33909-2133
Property profile & analytics
1511 Pne Is Rd Cape Coral, FL 33909-2133
- Commercial land
- 1.63 lot acres
Property ID
US18-5779158
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
- Commercial land
Property Details for 1511 Pne Is Rd
- Lot size
- 1.63 lot acres
- Zone code
- CC CC
- Property type
- Commercial land
- APN
- 06-44-24-C3-0100A.0010
- APU
- 064424C30100A0010
Description
This exceptional 12,000-square-foot retail center in Cape Coral, Florida, presents a compelling investment opportunity. Completed in 2024, the property boasts a prime location on a major thoroughfare with high traffic counts exceeding 54,500 vehicles daily, and over 91,000 combined vehicles at the Pine Island and Del Prado Boulevard intersection. The center is 100% occupied by a diverse mix of five established national and regional brands: Sage Dental, Papa Johns, Naples Wax, Huey Magoos, and Pei Wei. All tenants are credit-rated, with franchisee and corporate guarantees in place, ensuring strong financial stability. The property features a 10-year remaining lease term with varying rent bumps, providing long-term income growth and minimal landlord responsibilities due to the NNN lease structure. The property offers a 6.00% cap rate and a strong net operating income (NOI) of $494,900. Situated on a 1.67-acre lot, the single-story building benefits from cross-access parking with an adjacent center, providing convenient access and shared customer traffic. The property's new construction status minimizes potential capital repair expenses for the next owner, further enhancing its investment appeal. The location is within a high-growth market, with over 142,000 people residing within a 3-mile radius and an average household income exceeding $70,000. Cape Coral's projected 42% growth over the next decade underscores the long-term potential of this exceptional investment. Transferable warranties are in place. The asking price is $8,248,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -81.9433
- Latitude
- 26.6674
- 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
$10,760
$1,066,995
$0.00
$1,066,995
-
$1,066,995
$0.00
$1,066,995
