Freestanding Office
For Sale
Contact for pricing
917 SE 47th Ter, Cape Coral, FL 33904
Freestanding building includes a banquet room, full kitchen, and public parking in front and back.
Property Size8,600 SF
Price / SF$302.21
Days on Market570
Property Features for 917 SE 47th Ter
General Information
Standard status
Active
Size
8,600 SF
Property subtype
OFFICE
Listing Agency:
LQ Commercial | Orlando
(407) 660-7500
Listed By:
Bob O’Connor
(239) 410-7183
Source:
Moodyscre
Added: Apr 15, 2025
Changed: Oct 26
Last Checked: Nov 4 at 4:07PM
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 LQ Commercial | Orlando
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding 8,600 SF office building is offered for sale in Downtown Cape Coral. The property includes a banquet room and a full kitchen, along with a new roof.
The building is located in the C.R.A. District and features public parking both in front of and behind the structure, supporting convenient customer and staff access.
The sale is requested as a short-term sale-leaseback.
The building is located in the C.R.A. District and features public parking both in front of and behind the structure, supporting convenient customer and staff access.
The sale is requested as a short-term sale-leaseback.
Key Highlights
- Freestanding 8,600 SF building for sale in downtown Cape Coral
- Located in the C.R.A. District
- Banquet room and full kitchen included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,712
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,434,240
$2.4M
Cap Rate 7%
$1,738,743
$1.7M
Cap Rate 9%
$1,352,356
$1.4M
Market Conditions
NOI Build-Up for 8,600 SF
Gross rent
$190.9K $22.20/SF
− Vacancy
−$28.6K −$3.33/SF
EGI
$162.3K $18.87/SF
− OpEx
−$40.6K −$4.72/SF
NOI
$121.7K $14.15/SF
Area
Cape Coral, FL
Vacancy
15.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,434,240
Cap Rate 7%
$1,738,743
Cap Rate 9%
$1,352,356
Alternative Uses
Best Use
Office B
$1.74M
$1.52M – $2.03M
NOI $121,712 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $156,204 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,624
Businesses Nearby
Explore this area
Business Placement
Demographics for 33904, FL
32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Freestanding building includes a banquet room, full kitchen, and public parking in front and back.
Where is this office building located?
The property is located at 917 SE 47th Ter Cape Coral, FL.
What is the asking price?
The asking price for this property is $2,599,000.
What are key features of this property?
This property features: Freestanding 8,600 SF building for sale in downtown Cape Coral; Located in the C.R.A. District; Banquet room and full kitchen included
