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NNN Investment with Vacant Parcel
New
For Sale
$3,550,000

885 SE 47th Terrace, Cape Coral, FL 33904

Two occupied commercial buildings provide NNN lease income alongside a vacant parcel within a three-parcel assemblage.

Property SizeContact for details
Days on Market4

Property Features for 885 SE 47th Terrace

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $21,707

Amenities

Low Rise, Mid Rise

Building Details

Year Built 1981
Stories 1
Listing Agency: Royal Shell Real Esate, Inc.
Listed By: Ronald A Delfino · License #3258523
Source: Evrealestate
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 20 at 7:18PM

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 Royal Shell Real Esate, Inc.

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Investment Insights

Based on property information with market context.

This three-parcel commercial assemblage in Downtown Cape Coral includes two occupied buildings leased under NNN structures and a vacant parcel positioned between them. The properties are located at 885 SE 47th Terrace, 4706 SE 9th Place and 4710 SE 9th Place. The existing buildings provide lease income, while the central parcel offers a separate site within the assemblage.

The properties sit across from a major new mixed-use development and near The Cove, a development bringing residential, restaurant, retail and entertainment uses to the surrounding area. The location is in Cape Coral’s South Cape district, where the nearby development activity adds context for the property’s commercial setting.

Key Highlights

  • Three parcels at 885 SE 47th Terrace, 4706 SE 9th Place and 4710 SE 9th Place
  • Two occupied commercial buildings leased under NNN structures
  • Vacant parcel positioned between the two income‑producing properties

Property Analytics

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Current Use

The Levins & Warnock Law ... Law Firm Todd C. Newman, ... Physician Optimal Wellness Spa & Massage Center I Construction Company Helix Marketo Advertising Agency

Suggested Use

Top Pick Parking Lot & Garage Garden Center Grocery & Convenience Store Locksmith Storage Facility Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,306
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
NNN property - Two occupied commercial buildings provide NNN lease income alongside a vacant parcel within a three-parcel assemblage.
Where is this nnn property located?
The property is located at 885 SE 47th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: Three parcels at 885 SE 47th Terrace, 4706 SE 9th Place and 4710 SE 9th Place; Two occupied commercial buildings leased under NNN structures; Vacant parcel positioned between the two income‑producing properties
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