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    Property profile & analytics

    928 24th Ln, Unit 5 Cape Coral, FL 33909-2926

    • Distribution centers
    • 1,144 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $905,000
    Last Sale
    Apr 04, 2023
    $776,000
    Location Intelligence
    Property ID
    US18-7657463
    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.

    Current Use by Public Records

    • Cameron's British Foods / Gourmet Grocery Store / Importer
    • Blue Sparq, Inc. / Manufacturer
    • FAMILY FUN PARTY RENTALS / Accountant / Party Equipment Rental Service

    Property Details for 928 24th Ln

    Year built
    1991
    Lot size
    0.27 lot acres
    Property size
    1,144 SF
    Property type
    Distribution centers
    APN
    30-43-24-C4-00800.0050
    APU
    304324C4008000050

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $895,000

    • CAP approach

      CAP return
      Estimation
      6%
      $930,000
      6.5%
      $845,000
      7%
      $835,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $965,000
      Geo Method
      $845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $980,000
      Retail
      $830,000
      Mixed-Use
      $900,000
      Hospitality
      $965,000
      Educational
      $1,000,000
      Residential Income
      $1,030,000
      Energy
      $1,060,000
      Income-Based Land
      $1,005,000
      Food Service
      $775,000

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.9529
    Latitude
    26.6976
    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
    $2,032
    $0.00
    $135,831
    $135,831
    -
    $0.00
    $135,831
    $135,831

    Comparable in this City

    • Value Estimation
      $195,000
      1,200 SF

      413 Van Loon Ln Ste, Unit 103

      DISTRIBUTION WAREHOUSE • 1,200 SF
      413 Van Loon Ln Ste, Cape Coral, FL 33909-2536
      View Details
    • Value Estimation
      $220,000
      600 SF

      413 Van Loon Ln Ste, Unit 120

      DISTRIBUTION WAREHOUSE • 600 SF
      413 Van Loon Ln Ste, Cape Coral, FL 33909-2537
      View Details
    • Value Estimation
      $230,000
      1,200 SF

      413 Van Loon Ln Ste, Unit 123

      DISTRIBUTION WAREHOUSE • 1,200 SF
      413 Van Loon Ln Ste, Cape Coral, FL 33909-2537
      View Details
    • Value Estimation
      $175,000
      1,144 SF

      928 24th Ln, Unit 8

      DISTRIBUTION WAREHOUSE • 1,144 SF
      928 24th Ln, Cape Coral, FL 33909-2926
      View Details
    • Value Estimation
      $1,100,000
      1,145 SF

      918 24th Ln, Unit 3

      DISTRIBUTION WAREHOUSE • 1,145 SF
      918 24th Ln, Cape Coral, FL 33909-2921
      View Details
    • Value Estimation
      $190,000
      1,145 SF

      924 24th Ln, Unit 7

      DISTRIBUTION WAREHOUSE • 1,145 SF
      924 24th Ln, Cape Coral, FL 33909-2924
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      16,200 SF

      Cape Coral Warehouse Space Available

      Modern Warehouse, Flexible Lease Options
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      View Details
    • $17 SF/Yr
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      View Details
    • $10 SF/Yr
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    • $10 SF/Yr
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      Cape Coral Distribution Center Opportunity

      250,000 SF distribution center opportunity in Cape Coral, Florida.
      2313 NE 24Th Ave, Cape Coral, FL 33909
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    • $1,931 /Mo
      13,199 SF

      Cape Coral Flex Warehouse Space

      Flex office warehouse space, centrally located, easy access.
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      View Details
    • $13 SF/Yr
      5,000 SF

      Cape Coral Warehouse For Rent

      50,000 SF warehouse in Mid-Cape Industrial area.
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      View Details
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    Cape Coral, FL 33909-2926
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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