Property profile

908 24Th Ln Cape Coral, FL 33909

OFF-MARKET
Other industrial properties
Property ID
US18-2747266
Built 1987
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Property summary

AI-generated overview

The property is a warehouse unit configured with two large warehouse bays, each served by an overhead roll-up door. Interior accommodations include two restrooms, an office area, and a separate work room, along with additional storage space above the office and a 450 sq ft bonus mezzanine. Recent improvements include a roof replacement and 2023 updates to the office and restrooms, with the unit finished with interior paint and cleaned floors. Electrical service includes both 110V and 220V capabilities. Climate control is provided with air-conditioning for the warehouse area using two 6-ton AC units and a separate 1.5-ton AC unit for the office. The space is set up for industrial use and includes an in-place paint booth and industrial air compressor. Outdoor locked, fenced storage is available, and the unit has a Walk Score of 12 and a Bike Score of 27, indicating a car-dependent area with some bikeability.

Property profile

Verified
Property type Other industrial properties
Year built 1987
UPID US18-2747266

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
  • Electric Motor Store Electrician
  • (Bike/Boat/Book/etc) Store
  • Industrial Manufacturer Production Facility

Location

908 24Th Ln Cape Coral, FL 33909
Cape Coral metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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