Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1929 Pne Is Rd Cape Coral, FL 33909-1704
    Property profile & analytics

    1929 Pne Is Rd Cape Coral, FL 33909-1704

    View on Map
    • Outlet malls
    • 134,321 SF
    • 12.31 lot acres
    Off-Market
    Property ID
    US18-4868735
    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.
    Value Estimations
    $14,120,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Liquor Shop / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
    • BJ's Bakery / Bakery / Specialty Food Shop
    • BJ's Optical / (Bike/Boat/Book/etc) Store
    • BJ's Wholesale Club / Big Box & Wholesale Store / Grocery & Convenience Store
    • AT&T Store / Mobile Phone Store / Electronics & Wireless Store

    Property Details for 1929 Pne Is Rd

    Year built
    2005
    Construction
    CONCRETE
    Lot size
    12.31 lot acres
    Property size
    134,321 SF
    Zone code
    C-3
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    05-44-24-C3-03548.0000
    APU
    054424C3035480000

    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
    -81.9323
    Latitude
    26.6733
    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
    $129,129
    $5,171,992
    $2,286,396
    $7,458,388
    -
    $5,171,992
    $2,286,396
    $7,458,388

    Comparable in this City

    • Value Estimation
      $16,390,000
      158,197 SF

      3031 Pne Is Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 158,197 SF
      3031 Pne Is Rd, Cape Coral, FL 33909-6515
      View Details
    • Value Estimation
      $6,580,000
      60,753 SF

      790 Del Prado N Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 60,753 SF
      790 Del Prado N Blvd, Cape Coral, FL 33909-2253
      View Details
    • Value Estimation
      $4,895,000
      21,524 SF

      1780 Pne Is Rd, Unit 1810

      WHOLESALE OUTLET, DISCOUNT STORE • 21,524 SF
      1780 Pne Is Rd, Cape Coral, FL 33909-1734
      View Details
    • Value Estimation
      $2,965,000
      18,682 SF

      2040 Pne Is Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 18,682 SF
      2040 Pne Is Rd, Cape Coral, FL 33909-1766
      View Details
    • Value Estimation
      $1,610,000
      9,061 SF

      307 2nd Pl

      WHOLESALE OUTLET, DISCOUNT STORE • 9,061 SF
      307 2nd Pl, Cape Coral, FL 33909-2570
      View Details
    • Value Estimation
      $20,420,000
      196,060 SF

      1651 Pne Is Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 196,060 SF
      1651 Pne Is Rd, Cape Coral, FL 33909-1736
      View Details

    Similar Nearby for Sale

    • $449,000
      Pending

      Cape Coral Retail Development Opportunity

      High-visibility commercial lot with approved retail plaza plans.
      1601 NE 6Th Ter, Cape Coral, FL 33909
      View Details
    • Contact for pricing
      13,000 SF

      Cape Coral Retail Center For Sale

      Fully leased retail property with national tenants in Cape Coral.
      924 NE Pine Island Rd, Cape Coral, FL 33909
      View Details
    • $995,000
      1.60 Acres

      Cape Coral Commercially Zoned Land

      1.61 acres of commercially zoned land in Cape Coral.
      1216 Kismet Pkwy E, Cape Coral, FL 33909
      View Details
    • Contact for pricing
      6,100 SF

      Retail Outparcel in Cape Coral

      Pad-ready retail outparcel available for ground lease or purchase.
      1133 SW Pine Island Rd, Cape Coral, FL 33909
      View Details
    • $525,000
      Pending

      Pine Island Corridor Commercial Opportunity

      Prime location for business, office, or retail development.
      943 NE 23Rd Ave, Cape Coral, FL 33909
      View Details
    • $55,000
      0.28 Acres

      Cape Coral Commercial Building Site

      Commercial building site suitable for warehouse, retail, and more.
      1919 NE 10Th Ter, Cape Coral, FL 33909
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Cape Coral

      Retail spaces available in a busy Cape Coral location.
      1623 Kismet Pkwy E, Cape Coral, FL 33909
      View Details
    • Contact for pricing
      1,440 SF

      Retail Space in Cape Coral

      Retail space available in Cape Coral, Florida.
      2481 Del Prado Blvd N, Cape Coral, FL 33909
      View Details
    • Contact for pricing
      1,827 SF

      Retail Space on Del Prado

      High-traffic retail space in Cape Coral corridor.
      1830 Del Prado Blvd S, Cape Coral, FL 33909
      View Details
    • Contact for pricing

      Retail Space in Cape Coral

      Retail development with high traffic exposure in Cape Coral, FL.
      NW Pne Is Rd & Del Prado Blvd, Cape Coral, FL 33909
      View Details
    • Contact for pricing
      2,500 SF

      Pine Island Road Retail Opportunity

      0.72 acre site suitable for drive-thru, retail, automotive.
      724 SW Pine Island Rd, Cape Coral, FL 33909
      View Details
    • $17 SF/Yr

      Cape Coral Commercial Buildings For Rent

      Two-building campus with showroom, warehouse, and secured storage.
      1302 NE Pine Island Rd, Cape Coral, FL 33909
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1929 Pne Is Rd
    Cape Coral, FL 33909-1704
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1929 Pne Is Rd, Cape Coral, FL, 33909
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!