Cape Coral Warehouse For
847-905 Southeast 9th Terrace Cape Coral, FL 33990
847-905 Southeast 9th Terrace, Cape Coral, FL, 33990
$8,700,000
For Sale
$8,700,000
Professionally managed warehouse in Mid-Cape Industrial area, Cape Coral.
Property Size50,400 SF
Price / SF$172.62
Days on Market139
Property Features for 847-905 Southeast 9th Terrace
General Information
- Standard status
- Active
- Size
- 50,400 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1979
Listing agency
Lee & Associates | Fort Myers
(651) 303-7516
Listed by
Colton Brausen
(651) 303-7516
Source
Lee-associates
Added: Mar 4 Updated: Jul 10 at 12:54PM Checked: Jul 21 at 8:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Fort Myers
Investment Insights
Based on property information with market context.
This 50,400 square foot warehouse is located in the Mid-Cape Industrial area. The pre-engineered metal building is fully sprinklered and features 3-Phase 400 AMP power and 12’ x 14’ overhead doors. Abundant natural light is provided by 66 skylights. Recent capital improvements include a TPO roof, LED lighting, fresh exterior paint, and new overhead doors. The drive-thru building is in close proximity to Cape Coral City Hall and the Cape Coral Police Department, just west of Del Prado Boulevard, offering easy access to major roads in this industrial hub. Up to 15,050 square feet is currently available for an end-user. Potential for an SBA loan.
Key Highlights
- Up to 15,050 SF available in a professionally managed warehouse.
- Located in the sought‑after Mid‑Cape Industrial area with easy access to major roads.
- Recent capital improvements including a TPO roof, LED lighting, fresh exterior paint, and new overhead doors.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $635.0k | $12.60 |
| − Vacancy | −$30.5k | −$0.60 |
| EGI | $604.6k | $12.00 |
| − OpEx | −$90.7k | −$1.80 |
| NOI | $513.9k | $10.20 |
50,400 SF · lease $12.60/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$7.34M
$6.42M – $8.56M
NOI $513,874 @ 7.0% cap · market cap 5.91%
Second Best
Industrial
$6.57M
$5.75M – $7.67M
NOI $460,086 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$13.08M
$11.44M – $15.26M
NOI $915,425 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hal Porta Potty ...
Building Supply
Similar For Sale Nearby
Similar Off Market Nearby
- X-S Storage — SE 8th Pl, Cape Coral, FL 33990
- A1 Shelters Self Storage Inc — 1014 SE 12th Pl, Cape Coral, FL 33990, United States
- Attic Storage — 911 SE 9th Terrace, Cape Coral, FL 33990
- All In One Professional Services, Inc. — Del Prado Mall, 1516 SE 14th St, Cape Coral, FL 33990
- Frank and Sons Moving and Storage Inc. /Movers Cape Coral and Fort Myers Florida — 1117 SE 12th Pl, Cape Coral, FL 33990
FAQs
What type of property is this?
Warehouse - Professionally managed warehouse in Mid-Cape Industrial area, Cape Coral.
Where is this warehouse located?
The property is located at 847-905 Southeast 9th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $8,700,000.
What are key features of this property?
This property features: Up to 15,050 SF available in a professionally managed warehouse.; Located in the sought‑after Mid‑Cape Industrial area with easy access to major roads.; Recent capital improvements including a TPO roof, LED lighting, fresh exterior paint, and new overhead doors.
