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1036 NE Pine Island Rd
Cape Coral, FL 33909
FULLY RENTED INCOME PROPERTY FOR SALE · Industrial Property For Sale

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INVESTMENT HIGHLIGHTS

  • LISTED FOR THE APPRAISED VALUE OF $4,250,000, $177.00 PER SQ. FT.
  • AN OUT PARCEL OF 50,000 SQ. FT. THAT COULD BE SOLD OR LEASED. 340 FRONTAGE ON PINE ISLAND ROAD WITH 378 DEPTH. WITH DRIVE WAY ENTRANCE
  • PRIME PROPERTY IN THE HUB OF COMMERCIAL ACTIVITY.
  • FULLY RENTED WITH TENANTS MONTH-TO-MONTH
  • LED MONUMENT SIGNAGE FOR ALL TENANTS TO BE LISTED
  • AMPLE PARKING FOR CUSTOMERS AND TENANTS, FRONT AND BACK OF THE BUILDING.

EXECUTIVE SUMMARY

LISTED FOR THE RECENT APPRAISED VALUE OF $4,250,000. OR $177.00 PER SQ. FT. SITUATED IN THE HUB OF COMMERCIAL ACTIVITY..... A PRIME INVESTMENT PROPERTY WITH A BUILDING OF 24,000 SQ.F T, FULLY LEASED WITH THE ALL TENANTS BEING IN BUSINESS 4 YEARS OR LONGER, SITUATED ON ABOUT 3 ACRES OF LAND.....THE UP-SIDE FOR AN INVESTOR/USER IS THAT THE CURRENT RENTS ARE AT $10.00 PER SQ. FT. GROSS AND TENANTS ARE MONTH-TO-MONTH...... A REQUIREMENT OF A BUYER IS THAT THE CURRENT OWNER, FIRST CLASS AIR CONDITIONING OCCUPYING 4,000 SQ.FT. REMAINS AND A LEASE, RENTAL RATES AND TERMS ARE NEGOTIATED PRIOR TO CLOSING. A BIG PLUS IS THAT THERE IS AN OUT PARCEL OF 50,000 SQ. FT., WITH 340 FEET FRONTING ON PINE ISLAND ROAD, (378 DEEP) CONSERVITAVELY VALUED AT $20.00 PER SQ.FT. THAT ALSO HAS A DRIVE WAY ENTRANCE FROM PINE ISLAND ROAD, A RIGHT IN AND A RIGHT OUT. THE SELLERS OWN THE PROPERTY FREE AND CLEAR AND WOULD LIKE TO SELL, BUT DO NOT HAVE TO SELL. NOT DISTRESSED IN ANY WAY. THE SALE IS CASH AT CLOSING ONLY.

PROPERTY FACTS

Sale Type Investment
Cap Rate 3.60%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Dealership
  • General Retail Auto Repair
  • FlexLight Distribution
Building Class C
Lot Size 2.94 AC
Rentable Building Area 26,004 SF
No. Stories 1
Year Built/Renovated 1983/2023
Parking Ratio 4.86/1,000 SF
Clear Ceiling Height 15’
No. Drive In / Grade-Level Doors 15
Opportunity Zone Yes
Zoning C3-D - ZONED CORRIDOR WHICH ALLOWS A MULTITUDE OF BUSINESS USES. PLEASE CHECK WITH THE CITY FOR THE INTENDED USE.

AMENITIES

  • 24 Hour Access
  • Front Loading
  • Mezzanine
  • Signage
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-44-24-C1-007Q0.0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,772,558 CAD
  • Listing ID: 36663390

  • Date on Market: 2025-07-09

  • Last Updated:

  • Address: 1036 NE Pine Island Rd, Cape Coral, FL 33909

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