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Property profile & analytics

1002 9Th St Cape Coral, FL 33990

  • Commercial land
  • 0.23 lot acres
For Sale
Last Sale
Jul 02, 2021
$17,500
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US18-3153352
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Toms Kustoms / Auto Repair Shop
  • phoenix rods & speed / Auto Repair Shop

Property Details for 1002 9Th St

Lot size
0.23 lot acres
Zone code
CORR
Property type
Commercial land
APN
06-44-24-C4-02016.0010
APU
064424C4020160010

Description

This exceptional 4,500-square-foot auto shop, situated on a 15,000-square-foot lot in Cape Coral, Florida, presents a lucrative investment opportunity. The property, built in 1977 and extensively renovated in 2023, boasts a 100% occupancy rate and a strong, established client base. The single-story building features eight 12'3"x12' doors, five bays equipped with lifts (including one 10,000 lb. 2-post, three 7,000 lb. 2-post, and one 12,000 lb. 4-post lift), and two flat bays. Comprehensive equipment includes two 250-gallon 3-phase compressors, a 15hp single pump, a 15hp duplex pump, and six retractable 50' air hose reels. Parts storage is facilitated by eight pallet racks. A rear storage/work area, a hazardous material room with a fire door, and a new camera system with an ADT alarm system enhance security and functionality. The property also includes a recently renovated office and bathrooms, a new TPO roof over a solid concrete base, and ample parking for 20 vehicles. The fully paved and fenced lot offers potential for expansion. The light industrial zoning (permitted for auto repair) allows for continued operation of the existing business or adaptation to other compatible uses. The seller will transfer existing city licenses. This turnkey operation is priced at $1,800,000 ($400/sq ft) and offers significant potential for growth.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Cape Coral
County
Lee
State
Florida
Longitude
-81.9533
Latitude
26.6683
CBSA code
15980
CBSA name
CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$757
$25,000
$0.00
$25,000
-
$25,000
$0.00
$25,000
More about this property
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