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    3023 5Th Pl Cape Coral, FL 33909

    For Sale
    $50,000

    11,325 sq ft Commercial Lot, $50k

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 11,325.6 square foot commercial lot presents a unique investment opportunity in the desirable Cape Coral, Florida, market. Located at 3023 5th Place, zip code 33909, in Lee County, this vacant land parcel offers significant potential for development. The property's prime location provides easy access to the extensive canal system that characterizes Cape Coral, offering stunning waterfront views. The lot is categorized as commercial land, providing flexibility for a variety of potential uses. With its substantial size and desirable location, this property is ideal for entrepreneurs and investors seeking to establish a presence in this thriving Florida community. The asking price is $50,000. The property's coordinates are latitude 26.70926 and longitude -81.961659. This is a blank canvas ready for your vision, offering the chance to create a remarkable commercial venture in a sought-after area. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is situated in a picturesque setting, providing a unique blend of commercial potential and natural beauty. This is a rare opportunity to acquire a significant commercial lot in a prime location within Cape Coral.

    Property Features for 3023 5Th Pl

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Hair Salon Nail Salon Gym & Fitness Building Supply Accounting Firm Auto Repair Shop Wholesale Shop Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.961659
    Latitude
    26.70926

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    FAQs

    What type of property is this?
    Land - 11,325 sq ft Commercial Lot, $50k
    Where is this land located?
    The property is located at 3023 5Th Pl Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $50,000.
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    3023 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
    3023 5Th Pl Cape Coral, FL 33909
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