4573 Pine Island Rd NW Matlacha, FL 33993
- Refrigerated & Cold Storages
- 884 SF
- 0.12 lot acres
Current Use by Public Records
- Refrigerated & Cold Storages
Property Details for 4573 Pine Island Rd NW
- Year built
- 1983
- Construction
- CONCRETE
- Lot size
- 0.12 lot acres
- Property size
- 884 SF
- Zone code
- C-1
- Property type
- Refrigerated & Cold Storages
- APN
- 24-44-22-01-00002.0120
- APU
- 24442201000020120
Description
This exceptional 0.11-acre retail property at 4573 Pine Island Road NW, Matlacha, FL, presents a unique investment opportunity. Located in the heart of historic Matlacha, this high-traffic corner lot boasts a prime position adjacent to the city park and boat ramp, directly across from a popular restaurant. The property enjoys direct canal access leading to Matlacha Pass, maximizing its visibility and appeal. The existing building, historically designated and established in 1983, has served successfully as a retail and wholesale seafood market for over seven years. The sale includes both the land and the building, offering immediate income potential. Recent improvements include a new roof installed in 2023 and structural reinforcements completed in 2024, ensuring the property's longevity and resilience. Importantly, the property sustained no damage from hurricanes. The asking price is $599,900. Existing equipment is available for separate purchase, providing a seamless transition for a new owner. This turnkey operation offers a rare chance to own a thriving business in a highly desirable location. The property's history, location, and recent upgrades combine to create a compelling investment prospect.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $315,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $280,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $260,000
- Retail
- $295,000
- Mixed-Use
- $310,000
- Hospitality
- $280,000
- Educational
- $285,000
- Residential Income
- $260,000
- Energy
- $250,000
- Income-Based Land
- $260,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Matlacha
- County
- Lee
- State
- Florida
- Longitude
- -82.0705
- Latitude
- 26.6294
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA