Property profile

1521 Commerce Crk Blvd Cape Coral, FL 33909

OFF-MARKET
Office buildings
Property ID
US18-4706536
9,525 SF 4.23 ac lot Built 1993
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1993
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,525 SF
Lot 4.23 ac (184,346 SF)
Zoning code CC
APN 04-44-24-C1-00750.0020
UPID US18-4706536

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency
  • Marketing & Advertising Advertising Agency
  • Church Mosque
  • Animal Shelter Pet Adoption Service
  • Marketing & Advertising Advertising Agency

Location

1521 Commerce Crk Blvd Cape Coral, FL 33909-6502
Cape Coral metro Census 10203 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.08M
CAP Approach CAP
$2.21M
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$2.04M

Owner & transaction history

since 2022
Last sale
$2.0M
5 recorded transactions
2022
$2.0M
2020
Price N/A
2018
Price N/A
2016
$875,000
2015
$1.5M

Zoning & alternative use

CC · Cape Coral, FL
Zoning description

Commercial Corridor (CC). This district is established to implement the recommendations of the Pine Island Road Master Plan and to promote such uses as retail, office, limited warehouse and light manufacturing, multi-fam…

General category INDUSTRIAL
Top alternative use upside
Medical building $2.9M +42.5%
Retail stores $2.9M +41.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1521 Commerce Crk Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message