1203 Pine Island RdCape Coral, FL 33909

Property Details for 1203 Pine Island Rd

Year built

2013

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.14 AC

Property size (Sq ft)

4,806 SF

Zone code

CORR

Property type

Retail properties

Property subtype

Other car washes

APN

15-44-23-C4-03613.004A

APU

154423C403613004A

Description

The Shops at Del Sol, a new retail development in Cape Coral, Florida, offers exceptional opportunities for businesses seeking high-visibility locations. This single-story center boasts a total of 63,974 square feet, divided into ten individual suites ranging from a minimum of 1,200 square feet to a maximum contiguous space of 17,400 square feet. Located at 1203 NE Pine Island Rd, Cape Coral, FL 33909, the property benefits from excellent frontage on Pine Island Road, providing high traffic exposure. Five drive-thru opportunities are available, enhancing the appeal for quick-service restaurants and other businesses that benefit from this convenient feature. The center's strategic location places it just minutes from Del Prado Boulevard, ensuring easy access for customers and employees. The property is zoned CC and is situated within the SW Florida submarket of Lee County. The Shops at Del Sol is ideally suited for a variety of tenants, including restaurants, quick-service restaurants (QSRs), hotels, offices, medical practices, dental offices, and service-based businesses. Completion is anticipated in Q1 2026. Anchor tenants Potbelly and Chicken Salad Chick are already confirmed, adding significant draw to the center. This is a rare opportunity to secure space in a brand-new, high-traffic retail development in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,874,015

  6.5%

  $1,729,860

  7%

  $1,606,299

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,429,607

  Geo Method

  $2,211,854

• Alternative Use

  Use

  Valuation

  Residential

  $1,459,202

  Hospitality

  $1,336,621

  Educational

  $1,112,053

  Medical

  $1,150,298

  Retail

  $1,729,860

Location Insight

City

Cape Coral

County

Lee

State

Florida

Latitude

26.6422

Longitude

-81.9996

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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