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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4419 Del Prado S Blvd Cape Coral, FL 33904-7460

    • Strip malls
    • 1,230 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8319484
    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.

    Current Use by Public Records

    • Obrien & Associates Mortgage Services / Loan Service / Bank
    • Orunmila lade llc / Church / Mosque
    • botanica orunmila lade / Religious Bookstore
    • ArtVilla Studio, Paint & Glow BYOB, Kids Birthday Parties, Art Classes, Blacklight Events, Sip, Paint & Glow Art Studio in Cape Coral / Training Center / (Bike/Boat/Book/etc) Store
    • Corporate Art & Frame / Art Gallery / Art Restoration Service

    Property Details for 4419 Del Prado S Blvd

    Year built
    1982
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.45 lot acres
    Property size
    1,230 SF
    Zone code
    SC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    07-45-24-C3-00396.0090
    APU
    074524C3003960090

    Description

    This exceptional single-tenant retail or office space, located at 4419 Del Prado Unit 2, offers approximately 1,200 square feet in a six-unit strip mall situated on the high-traffic Del Prado Boulevard South. The property boasts a highly attractive gross lease rate of $25 per square foot, with no common area maintenance (CAM) charges included, making it a financially compelling opportunity. The space benefits from a dedicated space on the marquee sign facing the main road, ensuring excellent visibility and brand exposure. Recent improvements include a new roof and the installation of hurricane impact-resistant front doors and windows, providing both enhanced security and peace of mind. This turnkey solution is ideal for a variety of businesses seeking a well-maintained, conveniently located space with minimal overhead costs. The property's prime location on a busy thoroughfare guarantees high foot traffic and excellent accessibility for customers and employees. The combination of a competitive lease rate, modern features, and prominent signage makes this an exceptional opportunity for businesses seeking a strong presence in a thriving commercial area. Don't miss this chance to secure a highly visible and cost-effective space in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.9435
    Latitude
    26.5695
    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
    $12,702
    $214,414
    $579,476
    $793,890
    -
    $214,414
    $579,476
    $793,890

    Comparable in this City

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      516 47th Ter

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    • Value Estimation
      $1,115,000
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      1343 47th Ter, Unit 1405

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    • Value Estimation
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      1017-1021 Cpe Coral E Pkwy

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      1017-1021 Cpe Coral E Pkwy, Cape Coral, FL 33904
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    • Value Estimation
      $1,805,000
      7,841 SF

      4402 Del Prado S Blvd, Unit 4410

      SHOPPING CENTER, STRIP CENTER • 7,841 SF
      4402 Del Prado S Blvd, Cape Coral, FL 33904-7439
      View Details
    • Value Estimation
      $805,000
      4,201 SF

      861 47th Ter

      SHOPPING CENTER, STRIP CENTER • 4,201 SF
      861 47th Ter, Cape Coral, FL 33904-9007
      View Details
    • Value Estimation
      $1,490,000
      6,455 SF

      4635 Coronado Pkwy

      SHOPPING CENTER, STRIP CENTER • 6,455 SF
      4635 Coronado Pkwy, Cape Coral, FL 33904-8809
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Del Prado

      Retail space with high visibility on a major thoroughfare.
      Cape Coral, FL 33904
      View Details
    • $25 SF/Yr
      12,857 SF

      Retail Space in Downtown Cape

      Retail space available in a busy Cape Coral shopping center.
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      View Details
    • $15 SF/Yr
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      Retail Space on Del Prado

      Retail space with high visibility and traffic count.
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      View Details
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      Cape Coral Office/Retail Space

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      Cape Coral Retail Opportunity

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    Cape Coral, FL 33904-7460
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    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
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