5431 Pne Is RdSaint James City, FL 33922

Property Details for 5431 Pne Is Rd

Year built

2019

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.82 AC

Property size (Sq ft)

3,454 SF

Zone code

CPD

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

28-44-22-L3-U8893.4405

APU

284422L3U88934405

Description

This 2.96-acre commercial lot in Bokeelia, Florida, presents a unique investment opportunity. Located at 5431 Pine Island Rd, this property boasts exceptional visibility and accessibility, situated at a major intersection on Pine Island. The site shares access with a newly constructed 7-Eleven, ensuring high traffic flow and exposure to a substantial customer base. Its strategic location makes it ideal for a variety of businesses, including but not limited to a bank, daycare/nursery, or quick-service restaurant (QSR). The property is available for immediate occupancy, offering a swift path to establishing your business. The asking price is $600,000. The property's zoning and permitted uses should be independently verified. This is a rare opportunity to secure a prominent commercial site in a rapidly growing area of Lee County, Florida, with excellent potential for return on investment. The address is 5431 Pine Island Rd, Bokeelia, FL 33922.

• CAP approach

  CAP return

  Valuation

  6%

  $1,346,827

  6.5%

  $1,243,224

  7%

  $1,154,423

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,746,122

  Geo Method

  $1,589,626

• Alternative Use

  Use

  Valuation

  Residential

  $1,048,706

  Hospitality

  $960,609

  Educational

  $799,216

  Medical

  $826,702

  Retail

  $1,243,224

Location Insight

City

Bokeelia

County

Lee

State

Florida

Latitude

26.613

Longitude

-82.1156

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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