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    2901 Burnt Store Rd Cape Coral, FL 33993

    For Sale
    $10,900,000

    Two Suites Available, All-Inclusive Rent

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 17,800 square foot multi-tenant office building, located at 17 Watchung Avenue in Morris County, presents a fantastic opportunity for medical or professional businesses. The property boasts two immediately available suites: a 2,350 square foot first-floor space (Suite 100) featuring two restrooms and exam rooms, currently vacant as of June 30th, 2024, and a 950 square foot second-floor suite (Suite 202), also vacant. A total of 3,300 square feet is currently available for lease. The building includes a convenient elevator and ample parking on a large lot. A significant advantage is the all-inclusive rent structure; tenants will not incur separate charges for common area maintenance, property taxes, or utilities. This simplifies budgeting and provides predictable operating costs. The building's strategic location offers excellent accessibility to major transportation arteries, including Interstate 78 and Route 24, ensuring convenient commutes for employees and clients. This property is ideal for businesses seeking modern, well-maintained office space in a highly desirable Morris County location with a straightforward and cost-effective lease arrangement.

    Property Features for 2901 Burnt Store Rd

    General Information

    Property type
    Land
    Lot Size
    6,664,680 SF

    HighLights

    • 17,800 SF multi‑tenant medical/professional office building in Morris County.
    • Two available suites: 2,350 SF and 950 SF.
    • All‑inclusive rent (no CAM, taxes, or utilities).
    • Building features an elevator and ample on‑site parking.
    • Excellent access to I‑78 and Route 24.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Kitchen & Bath HVAC Service Furniture Store Home Appliance Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -82.0391826
    Latitude
    26.7068548

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    FAQs

    What type of property is this?
    Land - Two Suites Available, All-Inclusive Rent
    Where is this land located?
    The property is located at 2901 Burnt Store Rd Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $10,900,000.
    What are key features of this property?
    This property features: 17,800 SF multi-tenant medical/professional office building in Morris County.; Two available suites: 2,350 SF and 950 SF.; All-inclusive rent (no CAM, taxes, or utilities).
    (239) 230-2184
    Request Owner's contact information
    2901 Burnt Store Rd Cape Coral, FL 33993
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2901 Burnt Store Rd Cape Coral, FL 33993
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