Property profile

1625 Cpe Coral E Pkwy Cape Coral, FL 33904

OFF-MARKET
Strip malls
Property ID
US18-7579653
8,416 SF 0.65 ac lot Built 1974
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Class A retail property, located at 1625 Cape Coral Pkwy E, Cape Coral, FL 33904, offers 10,594 square feet of space in a single, one-story building. Currently, 1,031 square feet is available for lease, ideal for a restaurant or similar use. The property boasts a prime location in a rapidly growing area, zoned for retail use. Recent renovations in 2022 ensure modern amenities and a high-quality environment for tenants and customers. The Cape Coral-Fort Myers area has experienced significant population growth, ranking among the nation's highest for percentage growth in recent years. This thriving shopping center provides a perfect opportunity for businesses seeking exposure in a dynamic and expanding market. The property's multiple tenancy structure offers a diverse and vibrant atmosphere. This is a unique chance to establish a presence in one of Florida's fastest-growing cities. The building's single-story design provides easy accessibility and ample parking for customers. The property's strategic location on Cape Coral Parkway East ensures high visibility and convenient access for shoppers. Don't miss this chance to secure a space in this thriving retail center.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,416 SF
Lot 0.65 ac (28,125 SF)
Zoning code C-1
APN 07-45-24-C3-00066.0050
UPID US18-7579653

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
  • Restaurant
  • Cafe & Coffee Shop
  • Furniture & Home Goods Hardware & Home Improvement
  • Loan Service

Location

1625 Cpe Coral E Pkwy Cape Coral, FL 33904-9617
Cape Coral metro Census 10702 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.06M
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$1.65M

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2017
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · Cape Coral, FL

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?”
You own 1625 Cpe Coral E Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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