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Property profile & analytics
OFF-MARKET Estimated value $685,000
Community centers

1631 Del Prado S Blvd Cape Coral, FL 33990-6739

2,400 SF 10.75 ac lot Built 1981
Entity Owned 19-yr Hold Free & Clear
Property ID
US18-3748295
Property summary
AI-generated overview

This exceptional commercial property, Coral Pointe, located at 1631 Del Prado Boulevard South in Cape Coral, Florida, 33990, offers a unique blend of executive and creative office spaces within a larger retail and office complex. The building boasts a total of 125,198 square feet, with a currently available space of 2,004 square feet, perfect for a variety of businesses. The property's Lee County location provides excellent access to major transportation routes, ensuring convenient commutes for employees and clients. The "Multiple" tenancy structure offers a dynamic and collaborative environment. This versatile space is ideal for businesses seeking a modern and functional workspace in a thriving area. The property's classification as both retail and office allows for flexibility in its use, catering to a wide range of potential tenants. The available 2,004 square feet presents an excellent opportunity for businesses looking to establish or expand their presence in Cape Coral. This is a rare opportunity to secure office space in a well-maintained building with a desirable location. The property's subtype designation as Executive Office and Creative Office highlights its suitability for businesses requiring sophisticated and inspiring work environments. Don't miss this chance to secure your ideal office space in this vibrant Florida location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1981
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,400 SF
Lot 10.75 ac (468,199 SF)
Zoning code C-1
APN 29-44-24-C1-00001.0060
UPID US18-3748295
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
  • Ross Dress for Less Department Store
  • Publix Pharmacy at Coral Pointe Shopping Center Pharmacy
  • The Unplugged OBM Business Management Consultant Service Establishment
  • Brandy Thomas Realtor Real Estate Agency
  • Realtor Hanoi at Coldwell Banker Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$585k
Comparable Approach Comparable
$535k
Blend (final) Blend
$685k
Owner & transaction history
Coral Pointe Investment LLC · 19 yrs held
Coral Pointe Investment LLC
since 2006
3 recorded transactions
2006
$23.1M
2000
$100,000
1998
Price N/A
Zoning & alternative use
C-1 · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $955,000 +8.8%
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