Property profile

1313 Se 47Th Ter Cape Coral, FL 33904

FOR SALE
Office buildings
Property ID
US18-4630184
4,720 SF 0.15 ac lot Built 1975
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a two-story commercial building located in downtown Cape Coral on 47th Terrace, containing 5,920 square feet of interior space. The building is configured for either single-tenant use or division into two units. Unit one comprises 2,120 square feet and includes a 525-square-foot patio along 47th Terrace. Unit two comprises 2,600 square feet on the first floor plus a 525-square-foot patio along 47th Terrace, and also includes 1,200 square feet on the second floor. The site is positioned across the street from Big John’s Plaza and provides access to ample public parking.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,720 SF
Lot 0.15 ac (6,650 SF)
Zoning code SC
APN 07-45-24-C3-00360.0250
UPID US18-4630184

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Community Center

Location

1313 Se 47Th Ter Cape Coral, FL 33904
Cape Coral metro Census 10602 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.36M
CAP Approach CAP
$1.10M
Comparable Approach Comparable
$812k
Blend (final) Blend
$1.31M

Owner & transaction history

since 2023
Last sale
$1.2M
2 recorded transactions
2023
$1.2M
2022
$500,000

Zoning & alternative use

SC · Cape Coral, FL
Zoning description

South Cape (SC). This district is to promote redevelopment and enhancement of the traditional commercial center of Cape Coral into a more compact and walkable form growth and to create a destination for residents and vis…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.9M +99.0%
Neighborhood: shopping center $1.7M +82.9%
Medical building $1.5M +53.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message