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Property profile & analytics
OFF-MARKET
Distribution centers

1708 Cpe Coral Pkwy W Ste 3a Cape Coral, FL 33914-6985

2,061 SF 1.41 ac lot Built 1993
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-3176652
Property summary
AI-generated overview

This exceptional Class A medical office building, located at 1708 Cape Coral Pkwy W, Cape Coral, FL 33914, presents a unique investment opportunity. The 2,183 square foot space boasts a full build-out, making it immediately operational. Currently operating at 100% occupancy, this property offers a strong return on investment with an asking price of $595,000, translating to $272.56 per square foot. Situated in a highly desirable Southwest Cape Coral location, near the intersection of Cape Coral Parkway and Chiquita Boulevard, this property benefits from excellent visibility and accessibility. The building is ready for immediate use, eliminating the need for costly renovations or build-outs. Owner financing is available, making this an even more attractive proposition for qualified buyers. This turnkey medical office is perfect for an established practice seeking expansion or a new practice looking for a move-in ready space. The property's prime location and high occupancy rate ensure a stable and profitable investment. Lee County's thriving healthcare sector further enhances the long-term potential of this exceptional asset. Don't miss this opportunity to acquire a fully operational, high-demand medical office building in a prime location.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1993
Total area 2,061 SF
Lot 1.41 ac (61,240 SF)
APN 16-45-23-C2-00900.003A
UPID US18-3176652
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Millennium Physician Group Dental Office Pharmacy
  • Radiology Regional Medical Clinic
  • Liliana Bustamante, MD Physician
  • James A Reeves MD Physician
  • Dr. Medina C. Kushen, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
805 Del Prado Building LLP · 8 yrs held
805 Del Prado Building LLP
since 2018
3 recorded transactions
2018
Price N/A
2016
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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