800-916 NE Pine Island Rd

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800-916 NE Pine Island Rd

CAPE CORAL, FL 33909
Asking Price
$8.60M
Asset Type
Commercial Land
Class
Class B

What's Special

Rare Large-Scale Commercial Infill Opportunity | 11.63 Acres | NE Pine Island Road Corridor <ul><li>​Large-scale commercial sites along NE Pine Island Rd are becoming increasingly rare as the surrounding corridor continues to build out</li><li>​One of Florida's fastest-growing cities, Cape Coral's expanding residential base and rising income levels drive sustained commercial demand</li><li>​With utilities in place and limited comparable infill sites of this scale, the property is well-positioned for developers, investors, or owner-users</li><li>​Positioned at the heart of one of Cape C

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NOI
$80,000
Cap Rate
0.93%
DSCR
0.16
Underwater
Cash-on-Cash
-16.69%
Monthly Payment
$42,548.108
Annual Cash Flow
$-430,577.292

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