932 NE 24th LN

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932 NE 24th LN

cape-coral, FL 33909
Asking Rate
Contact for rate
Asset Type
Industrial
Class
Class B

What's Special

932 NE 24th Lane is located within a growing industrial corridor in northeast Cape Coral, Florida. The surrounding neighborhood is characterized by a mix of light manufacturing, warehouse facilities, and professional trade services. The property offers proximity to major local thoroughfares, including Del Prado Boulevard and Pine Island Road, providing efficient access to the greater Fort Myers area. Nearby amenities include retail centers, hardware suppliers, and fueling stations catering to commercial operations. The site is situated approximately 10 miles from the Interstate 75 interchange, facilitating regional logistics and transportation. The asset is suited for light industrial use cases, including climate-controlled storage, small-scale manufacturing, or distribution services. The functional layout supports a typical tenant profile of local contractors, specialty automotive services, or e-commerce fulfillment providers requiring warehouse space. The property’s zoning and location accommodate businesses seeking a central hub to serve the residential expansion of Cape Coral. Its configuration is well-suited for owner-occupants or trade professionals needing a combination of inventory storage and administrative office space within a dedicated industrial park environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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