927 24th Ln Cape Coral, FL 33909-2905
This exceptional 4,100-square-foot industrial warehouse, situated on a 0.62-acre lot in Cape Coral, Florida, presents a rare investment opportunity. Built in 1990 and extensively renovated in 2024, this Class B property boasts a new standing seam metal roof with insulation, updated plumbing and electrical systems, and fresh paint throughout. The warehouse features energy-efficient LED lighting and four overhead doors (two 16', one 14', and one 12'). A 256-square-foot air-conditioned office with a restroom is included, along with two additional restrooms within the warehouse. The ceiling height reaches 20'5". The property is fully fenced, offering a large rear yard and a 19' x 50' covered cement pad perfect for loading or vehicle washing. A significant advantage is the presence of both municipal water and a functioning deep water well, promoting cost-effectiveness for water-intensive businesses. The industrial zoning permits a wide array of uses, exceeding typical commercial zoning restrictions. Its prime location in North Cape Coral provides easy access to the entire city, including numerous new residential developments and the soon-to-open Costco. The property is also conveniently located minutes from Fort Myers and within 20 minutes of I-75, offering easy access to major cities throughout Southwest Florida, including Naples, Fort Lauderdale, Miami, Port Charlotte, Sarasota, and Tampa/St. Petersburg. This property is perfectly suited for owner-occupants and investors alike. The asking price is $1,299,000, translating to $316.83 per square foot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Cape Coral, FLCape Coral. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.