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    Property profile & analytics

    1510 47th Ter Cape Coral, FL 33904-9616

    • Medical offices
    • 2,193 SF
    • 1.01 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Location Intelligence
    Property ID
    US18-4167872
    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

    • Desai Dental Studio / Dental Clinic
    • Dr. Sandra P. Desai, DPM - Lee Podiatry Group / Podiatrist
    • Desai Dental Studio - Dr. Sudhanshu Sam B Desai, DDS / Dentist
    • Sandra P. Desai, DPM / Podiatrist
    • Dr. Sudhanshu Desai / Dentist / Practitioner Service Location

    Property Details for 1510 47th Ter

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.01 lot acres
    Property size
    2,193 SF
    Zone code
    SC
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    07-45-24-C3-01065.0210
    APU
    074524C3010650210

    Description

    This exceptional mixed-use development site presents a prime opportunity in the heart of Cape Coral, Florida. Located at 1510 SE 47th Terrace, this 33904 address boasts a coveted mixed-use zoning designation, allowing for the construction of a building up to ten stories high. The site's potential is significant, with plans accommodating approximately 125 residential units and a substantial commercial component. The projected parking capacity is approximately 275 spaces, ensuring ample accommodation for residents and patrons. This location offers unparalleled access to the vibrant downtown area, providing future residents and businesses with convenient proximity to amenities, services, and attractions. The property's strategic positioning within Cape Coral positions it for strong rental demand and significant commercial activity. This redevelopment project presents a unique chance to shape the future of Cape Coral's downtown landscape, creating a thriving community hub. The site's zoning and potential for a high-rise building offer exceptional flexibility for a developer seeking to create a landmark project. Detailed plans and specifications are available upon request. This is a rare opportunity to acquire a prime development site in a rapidly growing Florida city. Serious inquiries only. Contact us to discuss this exciting investment prospect further.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $430,000

    • CAP approach

      CAP return
      Estimation
      6%
      $460,000
      6.5%
      $480,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $465,000
      Retail
      $375,000
      Mixed-Use
      $435,000
      Hospitality
      $430,000
      Educational
      $385,000
      Residential Income
      $470,000
      Energy
      $425,000
      Income-Based Land
      $475,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.9451
    Latitude
    26.5634
    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
    $13,266
    $555,449
    $262,338
    $817,787
    -
    $555,449
    $262,338
    $817,787

    Comparable in this City

    • Value Estimation
      $625,000
      1,862 SF

      3632 Del Prado S Blvd

      MEDICAL BUILDING • 1,862 SF
      3632 Del Prado S Blvd, Cape Coral, FL 33904-7107
      View Details
    • Value Estimation by Request
      1,250 SF

      3625 Del Prado S Blvd

      MEDICAL BUILDING • 1,250 SF
      3625 Del Prado S Blvd, Cape Coral, FL 33904-7140
      View Details
    • Value Estimation
      $1,790,000
      5,818 SF

      4113 Del Prado S Blvd, Unit 4121

      MEDICAL BUILDING • 5,818 SF
      4113 Del Prado S Blvd, Cape Coral, FL 33904-7164
      View Details
    • Value Estimation
      $305,000
      3,528 SF

      1338 Lafayette St

      MEDICAL BUILDING • 3,528 SF
      1338 Lafayette St, Cape Coral, FL 33904-9770
      View Details
    • Value Estimation
      $355,000
      2,480 SF

      4401 15th Ave

      MEDICAL BUILDING • 2,480 SF
      4401 15th Ave, Cape Coral, FL 33904-8649
      View Details
    • Value Estimation by Request
      2,009 SF

      1711 47th Ter

      MEDICAL BUILDING • 2,009 SF
      1711 47th Ter, Cape Coral, FL 33904-8760
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,891 SF

      Medical Office Building For Sale

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    • Contact for pricing
      4,891 SF

      Medical Office Building with MRI

      Medical office building with existing MRI center in Cape Coral.
      506 SE 47Th Ter, Cape Coral, FL 33904
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      Gulf Access Multi-Tenant Office Building

      Two-story office building with Gulf access on a signalized corner.
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      Cape Coral Commercial Opportunity

      Versatile commercial property in a thriving Cape Coral location.
      1213 SE 47Th Ter, Cape Coral, FL 33904
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    • $28,750,000
      0.33 Acres

      Mixed-Use Development Site with Plans

      Mixed-use development site with approved plans in downtown Cape Coral.
      1415 Cape Coral Pkwy E, Cape Coral, FL 33904
      View Details
    • $400,000
      0.09 Acres

      Renovated Office Building in Cape Coral

      Fully renovated office building in high-visibility Cape Coral location.
      829 SE 47Th Ter, Cape Coral, FL 33904
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    Similar Nearby for Lease

    • $995,000
      2,009 SF

      Veterinary Clinic with Surgical Suite

      2,009 SF veterinary clinic featuring a surgical suite.
      1711 SE 47Th Ter, Cape Coral, FL 33904
      View Details
    • $3,400 /Mo
      Pending

      Freestanding Building in Cape Coral

      Freestanding commercial building in the heart of Cape Coral.
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    • $300 /Mo
      12,502 SF

      Executive Office Ready For Lease

      Executive office space available for lease with included utilities.
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      New Office Building For Lease

      Brand new office building with flexible space, available for lease.
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    • New
      $2,950 /Mo
      18,069 SF

      Cape Coral Commercial Space Available

      Air-conditioned office and warehouse space in downtown Cape Coral.
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      View Details
    • New
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      Cape Coral Commercial Office Space

      Commercial unit in Cape Coral, ideal for office space.
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      View Details
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    1510 47th Ter
    Cape Coral, FL 33904-9616
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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
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