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    1527 Chiquita S Blvd Cape Coral, FL 33991
    Property profile & analytics

    1527 Chiquita S Blvd Cape Coral, FL 33991


    • Commercial land
    • 2.12 lot acres
    Off-Market
    Last Sale Jan 31, 2025
    $7,200,000
    Property ID
    US18-4577298
    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.

    Value Estimations
    $6,925,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 1527 Chiquita S Blvd

    Lot size
    2.12 lot acres
    Zone code
    C-1
    Property type
    Commercial land
    APN
    22-44-23-C4-04433.0010
    APU
    224423C4044330010

    Description

    This exceptional investment opportunity presents a brand-new, fee-simple Tommy's Express Car Wash in Cape Coral, Florida. Built in 2024, this 5,247 square foot facility sits on a 2.15-acre lot at a high-traffic, signalized intersection on Chiquita Blvd S, experiencing over 30,000 cars daily. The property boasts a 20-year absolute NNN lease commencing November 1, 2024, with four 5-year renewal options, each including a 10% rent increase. The current asking price is $7,552,466, representing a 7.50% cap rate and a strong NOI of $566,435. The sale includes all car wash equipment, providing additional depreciation benefits. The location benefits from strong retail synergy, being near major retailers like Publix, Target, Aldi, and Walmart. Furthermore, the property is situated within a rapidly growing area, close to significant mixed-use developments like Hudson Creek and The Cove at 47th, adding to its long-term value. The area's affluent demographics, with over 160,000 residents within a 5-mile radius and an average household income exceeding $109,000 within a 1-mile radius, ensure consistent high demand. The property's proximity to Southwest Florida International Airport, serving over 10.3 million passengers annually, further enhances its appeal. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a booming Florida market, offering significant tax advantages as Florida is an income tax-free state. The property's address is 1527 Chiquita Blvd S, Cape Coral, FL 33991. APN: 22-44-23-C4-04433.0010.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,665,000
      ML approach
      $6,630,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -82.0066
    Latitude
    26.6233
    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
    $37,777
    $1,849,580
    $0.00
    $1,849,580
    -
    $1,849,580
    $0.00
    $1,849,580
    More about this property
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