4547 Pine Island Rd NW Matlacha, FL 33993
Property Lookup
Property profile & analytics
4547 Pine Island Rd NW Matlacha, FL 33993
- Strip malls
- 2,964 SF
- 0.21 lot acres
Property ID
US18-5246469
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
- Strip malls
Property Details for 4547 Pine Island Rd NW
- Year built
- 1970
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.21 lot acres
- Property size
- 2,964 SF
- Zone code
- C-1
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 24-44-22-01-00002.0160
- APU
- 24442201000020160
Description
This exceptional investment opportunity presents a fully leased, three-unit commercial building totaling 4,004 square feet situated on a 0.21-acre waterfront lot in the vibrant Matlacha, Florida. The property boasts high visibility from both vehicular and pedestrian traffic, ensuring consistent customer flow for its established tenants. Each of the three units is currently under long-term lease agreements, providing a stable and predictable income stream for the investor. The building's prime location in Matlacha offers significant advantages, capitalizing on the area's thriving tourism and local commerce. The property's rich history adds to its unique appeal, offering a blend of established success and future potential. This is an ideal acquisition for investors seeking a stable, income-generating asset in a desirable waterfront location. The building's 4,004 square feet of space provides ample room for current tenants and potential future expansion or redevelopment. The 0.21-acre lot offers additional opportunities for outdoor seating, landscaping, or potential future development. This turnkey investment requires minimal effort to maintain its current high occupancy rate and strong financial performance. The property's location in Matlacha provides easy access to major roadways and attractions, further enhancing its appeal to both tenants and customers. This is a rare opportunity to acquire a well-established, income-producing commercial property in a highly sought-after waterfront location. The asking price is $850,000.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $785,000
- 6.5%
- $725,000
- 7%
- $670,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $555,000
Market price range: $165k - $671k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,085,000 Current use
- COMMERCIAL (GENERAL)
- $1,180,000 Change: +9% Conversion: Easy
- MEDICAL BUILDING
- $910,000 Change: -16% Conversion: Difficult
- RETAIL STORES
- $900,000 Change: -17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Matlacha
- County
- Lee
- State
- Florida
- Longitude
- -82.0701
- Latitude
- 26.6298
- 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
$13,708
$522,150
$811,303
$1,333,453
-
$522,150
$811,303
$1,333,453
