Freestanding Office
917 SE 47th Ter Cape Coral, FL 33904
For Sale
Contact for pricing
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 Market472
Property Features for 917 SE 47th Ter
General Information
Standard status
Active
Size
8,600 SF
Property subtype
OFFICE
Listing Agency:
LQ Commercial | Orlando
(239) 410-7183
Listed By:
Bob O’Connor
(239) 410-7183
Source:
Moodyscre
Added: Apr 15, 2025
Changed: Jul 28
Last Checked: Jul 29 at 2:52PM
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
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 For Office B
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 | $190.9k | $22.20 |
| − Vacancy | −$28.6k | −$3.33 |
| EGI | $162.3k | $18.87 |
| − OpEx | −$40.6k | −$4.72 |
| NOI | $121.7k | $14.15 |
8,600 SF · lease $22.20/SF/yr · vacancy 15.00% · expense 25.00%
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.
Property Analytics
Location Intelligence
Current Use
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
