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Property profile & analytics

1601 Tropicana Pkwy W Cape Coral, FL 33993

  • Commercial land
  • 0.26 lot acres
For Sale
Last Sale
Jan 15, 2021
$350,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US18-4006519
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

  • Commercial land

Property Details for 1601 Tropicana Pkwy W

Lot size
0.26 lot acres
Zone code
C1
Property type
Commercial land
APN
04-44-23-C3-03793.0320
APU
044423C3037930320

Description

This exceptional 1.78-acre commercial land parcel presents a remarkable investment opportunity in the thriving Cape Coral, Florida market. Located at 1601 Tropicana Parkway West, this property boasts a highly desirable C-1 zoning designation, opening doors to a wide array of commercial development possibilities. The asking price is $850,000, translating to a land value of $12 per square foot. Situated in a rapidly growing area of Cape Coral, this corner lot offers exceptional visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The property's strategic location within Lee County, Florida, provides easy access to major transportation arteries, ensuring seamless connectivity throughout the region. With its expansive size and prime location, this parcel is perfectly suited for a variety of commercial ventures, from retail establishments and restaurants to office spaces and other commercial developments. The property's zoning allows for a diverse range of uses, providing flexibility for potential buyers to tailor their development plans to meet specific business needs. This is a rare opportunity to acquire a significant commercial land holding in a dynamic and expanding market. The property's location in Cape Coral, combined with its favorable zoning and attractive price point, makes it an exceptional investment prospect with significant potential for future appreciation. The address is 1601 Tropicana Parkway W, Cape Coral, FL 33993.


Value Estimations

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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Cape Coral
County
Lee
State
Florida
Longitude
-82.0074
Latitude
26.6673
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
$2,808
$27,830
$0.00
$27,830
-
$27,830
$0.00
$27,830
More about this property
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