Two-Story Bar & Pub
For Sale
$1,350,000
1313 SE 47th Terrace, Cape Coral, FL 33904
Flexible hospitality layout with patio areas and the option to operate as one business or two separate units.
Property Size5,920 SF
Price / SF$228.04
Days on Market51
Property Features for 1313 SE 47th Terrace
General Information
Standard status
Active
Size
5,920 SF
Additional Details
Patio
Yes
Building Details
Year Built
1975
Buildings
1
Stories
2
Listing Agency:
Krise Commercial Group, LLC
Listed By:
Marjan Rumija · License #258025749
(239) 285-8922
Source:
Swfloridarealestate
Added: Aug 25
Changed: Oct 7
Last Checked: Oct 13 at 1:35AM
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 Krise Commercial Group, LLC
Investment Insights
Based on property information with market context.
This two-floor hospitality property contains 5,920 square feet and was built in 1975. The configuration allows the building to function as a single business or be divided into two units, with plans ready for the split. One proposed unit includes 2,120 square feet and a 525-square-foot patio along 47th Ter. The other combines 2,600 square feet on the first floor, a second 525-square-foot patio, and 1,200 square feet upstairs.
The property is located at 1313 SE 47th Ter in Downtown Cape Coral, directly across from public parking at Big John's Plaza. The site is described as highly visible and is rated Somewhat Bikeable with a bikeScore of 44 and Car-Dependent with a walkScore of 35.
The property is located at 1313 SE 47th Ter in Downtown Cape Coral, directly across from public parking at Big John's Plaza. The site is described as highly visible and is rated Somewhat Bikeable with a bikeScore of 44 and Car-Dependent with a walkScore of 35.
Key Highlights
- 5,920‑square‑foot, two‑floor building at 1313 SE 47th Ter
- Two‑unit configuration available with plans ready for the split
- One proposed unit: 2,120sf plus 525sf patio on 47th Ter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,986
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,879,720
$1.9M
Cap Rate 7%
$1,342,657
$1.3M
Cap Rate 9%
$1,044,289
$1.0M
Market Conditions
NOI Build-Up for 5,920 SF
Gross rent
$127.9K $21.60/SF
− Vacancy
−$2.6K −$0.43/SF
EGI
$125.3K $21.17/SF
− OpEx
−$31.3K −$5.29/SF
NOI
$94.0K $15.88/SF
Area
Cape Coral, FL
Vacancy
2.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,879,720
Cap Rate 7%
$1,342,657
Cap Rate 9%
$1,044,289
Alternative Uses
Best Use
Specialty Retail
$1.34M
$1.17M – $1.57M
NOI $93,986 @ 7.0% cap · market cap 6.96%
Second Best
Industrial
$772.0K
$675.5K – $900.7K
NOI $54,042 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$1.54M
$1.34M – $1.79M
NOI $107,526 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,496
Businesses Nearby
Well-served
Demand for This Use
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
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Flexible hospitality layout with patio areas and the option to operate as one business or two separate units.
Where is this bar & pub located?
The property is located at 1313 SE 47th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 5,920‑square‑foot, two‑floor building at 1313 SE 47th Ter; Two‑unit configuration available with plans ready for the split; One proposed unit: 2,120sf plus 525sf patio on 47th Ter
