Cape Coral Warehouse For
For Sale
$8,700,000
847-905 Southeast 9th Terrace, Cape Coral, FL 33990
Professionally managed warehouse in Mid-Cape Industrial area, Cape Coral.
Property Size50,400 SF
Price / SF$172.62
Days on Market219
Property Features for 847-905 Southeast 9th Terrace
General Information
Standard status
Active
Size
50,400 SF
Property subtype
Industrial
Building Details
Building Size
50,400 SF
Year Built
1979
Listing Agency:
Lee & Associates | Fort Myers
Listed By:
Colton Brausen
(651) 303-7516
Source:
Lee-associates
Added: Mar 4
Changed: Oct 8
Last Checked: Oct 7 at 10:00AM
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$513,874
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,277,480
$10.3M
Cap Rate 7%
$7,341,057
$7.3M
Cap Rate 9%
$5,709,711
$5.7M
Market Conditions
NOI Build-Up for 50,400 SF
Gross rent
$635.0K $12.60/SF
− Vacancy
−$30.5K −$0.60/SF
EGI
$604.6K $12.00/SF
− OpEx
−$90.7K −$1.80/SF
NOI
$513.9K $10.20/SF
Area
Cape Coral, FL
Vacancy
4.80%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,277,480
Cap Rate 7%
$7,341,057
Cap Rate 9%
$5,709,711
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 authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,058
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33990, FL
32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- All In One Professional Services, Inc. — Del Prado Mall, 1516 SE 14th St, Cape Coral, FL 33990
- A1 Shelters Self Storage Inc — 1014 SE 12th Pl, Cape Coral, FL 33990, United States
- Frank and Sons Moving and Storage Inc. /Movers Cape Coral and Fort Myers Florida — 1117 SE 12th Pl, Cape Coral, FL 33990
- X-S Storage — SE 8th Pl, Cape Coral, FL 33990
- Attic Storage — 911 SE 9th Terrace, Cape Coral, FL 33990
Frequently Asked Questions
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.
