Property profile

840 4th St Cape Coral, FL 33991

OFF-MARKET
Office buildings
Property ID
US18-1692289
2,946 SF 0.73 ac lot Built 2007
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This is a 1,200-square-foot office unit within a multi-tenant office building in Cape Coral, Lee County, Florida, situated on a 0.7317-acre lot. The unit is located one block south of Pine Island Road, behind Bonefish Grill and Leslie’s Pools, with access via Skyline Blvd., Chiquita, and SR 78. The space includes an ADA-compliant restroom, windows facing the street and the parking lot, and a mostly open floor plan with a large lobby/reception area and three semi-private offices. The unit was historically used as a health care beauty salon and day spa.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2007
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,946 SF
Lot 0.73 ac (31,875 SF)
Zoning code CORR
APN 15-44-23-C3-04566.0070
UPID US18-1692289

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Construction Company
  • Corporate Office
  • Loan Service Bank
  • Pet Grooming Service

Location

840 4th St Cape Coral, FL 33991-4417
Cape Coral metro Census 10419 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.85M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.85M

Owner & transaction history

since 2024
Last sale
$1.9M
5 recorded transactions
2024
$1.9M
2006
Price N/A
2005
$154,900
2005
$159,000
2005
$92,000

Zoning & alternative use

CORR · Cape Coral, FL
Top alternative use upside
Auto repair, garage $2.1M +227.1%
Commercial (general) $1.2M +84.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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