AN IDEAL INVESTMENT WITH EXCEPTIONAL UP-SIDE. RENTS ARE BELOW MARKET AND VERY LITTLE IF ANY DEFERRED MAINTENANCE. THE 50,000 SQ. FT. OUT PARCEL IS A BIG PLUS THAT OFFERS MANY OPPORTUNITIES AND OPTIONS FOR THE BUYER. (COULD BE LEASED, SOLD OR CONSTRUCTION OF NUMEROUS KINDS BUILDINGS.) VERY CONFIDENTIAL IN THAT NOTHING CAN BE DISCUSSED WITH THE TENANTS. NOTE: THE BUYER IS TO NEGOTIATE A LEASE, RATE, TERMS AND CONDITIONS TO KEEP THE EXISTING "FIRST CLASS AIR CONDITIONG" TENANT IN PLACE PRIOR TO CLOSING. THEY OCCUPY 4,000 SQ. FT. +/- VERY IMPORTANT IS DIRECT ACCESS WITH A CURB CUT WHEN TRAVELING EAST ON PINE ISLAND ROAD, RIGHT IN AND RIGHT OUT. VERY RARE TO HAVE DIRECT ACCESS TO A BUSINESS SITE, A GREAT BENEFIT FOR TENANTS, DELIVERIES AND CUSTOMERS.
| Listing ID: | 225062577 |
|---|---|
| List Price: | $4,250,000 |
| Close Price: | $3,850,000 |
| Close Date: | 2026-10-26 |
| Property Type: | Commercial Sale |
| Status: | Sold |
| Bathrooms Half: | 0 |
| Tax Annual Amount: | $33,364 |
| Lot Size Square Feet: | 124,320 |
| Lot Size Acres: | 2.854 |
| Waterfront?: | No |
| City: | Cape Coral |
| County Or Parish: | Lee |
| Postal Code: | 33909 |
| Year Built: | 1983 |
| Status: | Closed |
| State Or Province: | FL |
| Cooling?: | Yes |
| Fireplace?: | No |
| Garage?: | No |
| Heating?: | Yes |
| Lot Size Area: | 2.854 |
| Attached Garage?: | No |
| Carport?: | No |
| Levels: | 1 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| New Construction?: | No |
| Utilities: | Electricity Connected, Phone Connected, Sewer Connected, Water Connected |
| Waterfront Features: | None |
| Horse?: | No |
| Parcel Number: | 07-44-24-C1-007Q0.0000 |
| Zoning: | C3-D |
| Electric On Property?: | Yes |
| Original List Price: | $4,250,000 |
| Senior Community?: | No |
| Building Area Units: | Square Feet |
| Business Type: | Warehouse, Retail, Auto Service |
| Inclusions: | Building And Land, Other See Remarks |
| Land Lease?: | No |
| Listing Contract Date: | 2025-07-10 |
| Cdom: | 475 |
| Closing Type: | Sale |
| Commercial Type: | Commercial Only |
| Confidentiality Agreement Reqd Y: | Yes |
| Cooling Remarks: | MULTI-TENANT, EACH HAS THEIR OWN |
| Dom: | 232 |
| Fenced Yard Yn: | No |
| Fire Sprinklers Yn: | No |
| Gulf Access Yn: | No |
| Last Change Timestamp: | 2026-10-29T02:54:27.190Z |
| Last Status: | Pending With Contingencies |
| Lease No Of Grade Level Doors: | 10 |
| Lease Rail Yn: | No |
| List Price: | $4,250,000.00 |
| List Price Desc: | Asking Price |
| Lot Frontage: | 340 |
| Mls Area Major: | Cc31 - Cape Coral Unit 17,31-36, |
| Maximum Subject Property Sq Ft: | 24,000 |
| Minimum Subject Property Sq Ft: | 24,000 |
| Number Of Bays: | 10 |
| Number Of Spaces Units: | 6 |
| Owner Name: | Dianne E Harmer |
| Property Highlights: | LISTED AT THE APPRAISED VALUE BY MAXWELL-HENDRY-SIMMIONS FOR $4, 250, 000., DATED 5-15-25 ($177.00 PER SQ. FT.) INCLUDING THE 50, 000 SQ.FT. OF VACANT LAND......PROPERTY IS IDEAL FOR AN INVESTOR OR END USER THAT WOULD LIKE TO OCCUPY PART OF THE BUILDING AND RECEIVE RENTAL INCOME ON THE BALANCE. ALL TENANTS ARE MONTH-TO-MONTH BUT WANT TO STAY AND ALL TENANTS HAVE BEEN IN BUSINESS FOR MORE THAN 4 YEARS. GREAT TRACK RECORD AND STABILITY. SELLERS OWN THE PROPERTY FREE AND CLEAR AND WOULD LIKE TO SELL, BUT DO NOT HAVE TO SELL. THE SITE HAS AMPLE PARKING FRONT AND REAR OF THE BUILDING AND DIRECT ACCESS FROM PINE ISLND ROAD, RIGHT IN AND RIGHT OUT WHICH IS A BIG PLUS. ALL CASH AT CLOSING. NOTE, THE CURRENT BUSINESS, "FIRST CLASS AIR CONDITIONING" AS A REQUIREMENT OF THE SALE, IS TO RETAIN THEIR PRESENT LOCATION OF 4, 000 SQ. FT. +/- WITH LEASE TERMS TO BE NEGOTIATED PRIOR TO CLOSING. |
| Property Location: | A PRIME COMMERCIAL FULLY LEASED 24, 000 SQ.FT. BUILDING IN THE HOT HUB OF COMMERCIAL ACTIVITY. THE PROPERTY FRONTS 340 FEET ON PINE ISLAND ROAD, SR-78. THERE IS ALSO AN OUT PARCEL OF 50, 000 SQ. FT. 340 X 378 VALUED AT $20.00 PER SQ. FT. |
| Property Name: | 1036 NE PINE ISLAND ROAD |
| Property Use Type: | Investment |
| Status Type: | Resale Property |
| Subject Property Sq Ft: | 24,000 |
| Table: | Commercial |
| Tenancy: | Multiple |
| Transaction Type: | Sale |
| Pending Timestamp: | 2026-04-30 |
| Stories Total: | 1 |
| Tax Year: | 2024 |
Listing Courtesy of: Phil Deems Real Estate
(239) 822-1101
Buyer Represented by: FGC Non-MLS Office
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The data relating to real estate for sale displayed on this Website comes in part from the Broker Reciprocity Program (BR Program) of Naples Area Board of REALTORS®, under License No. NPLSMLS-100139. Properties listed with brokerage firms other than North 2 South Realty International Inc are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples Area Board of REALTORS®. BR Program, or contained in the database compilation of the Naples Area Board of REALTORS®.
Naples Area Board of REALTORS® data last updated on October 29, 2026 03:57 AM - ET
Property Last Updated: October 29, 2026 03:57 AM - ET
