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    2429 5Th Pl Cape Coral, FL 33909

    For Sale
    $50,000

    Prime 11,325 sq ft waterfront lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 11,325.6 square foot commercial lot is located at 2429 5th Place, Cape Coral, Florida, 33909. Priced at $50,000, this property presents a unique investment opportunity in a highly desirable location. The lot offers stunning waterfront views and direct access to Cape Coral's extensive canal system, providing unparalleled access to the area's waterways. Its prime location within Cape Coral offers easy access to local amenities, businesses, and attractions. The vacant land provides a blank canvas for development, allowing for the creation of a custom-designed commercial property tailored to specific needs. This is an ideal opportunity for developers or investors seeking to capitalize on the growing commercial real estate market in Cape Coral. The property's size and location make it suitable for a variety of commercial ventures. The latitude and longitude coordinates are 26.69818, -81.961788, respectively. Lee County provides a strong infrastructure and supportive business environment. This is a rare chance to acquire a substantial waterfront commercial lot in a thriving Florida community. The property is ready for immediate development, offering significant potential for return on investment. Don't miss this chance to secure a piece of Cape Coral's vibrant commercial landscape.

    Property Features for 2429 5Th Pl

    General Information

    Property type
    Land

    HighLights

    • $50,000 asking price.
    • 11,325.6 sq ft lot.
    • Vacant commercial land in Cape Coral, FL.
    • Located on a canal with waterfront views.
    • Direct canal access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.961788
    Latitude
    26.69818

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    FAQs

    What type of property is this?
    Land - Prime 11,325 sq ft waterfront lot
    Where is this land located?
    The property is located at 2429 5Th Pl Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: $50,000 asking price.; 11,325.6 sq ft lot.; Vacant commercial land in Cape Coral, FL.
    Request Owner's contact information
    2429 5Th Pl Cape Coral, FL 33909
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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
    2429 5Th Pl Cape Coral, FL 33909
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