Property profile

627 Cpe Coral W Pkwy Cape Coral, FL 33914

OFF-MARKET
Turn key restaurants
Property ID
US18-0173781
6,573 SF 1.03 ac lot Built 2004
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a commercial corner office suite within a multi-office building located at 627 Cape Coral Parkway W in Cape Coral, Florida. The suite is configured to accommodate approximately 2 to 4 people and features two large exterior windows for natural light, with 24/7 access. The space can be offered furnished with two desks and two chairs or unfurnished, and is set within an overall office complex that also supports related office services such as dedicated desk use, co-working space, and virtual addresses. The lot on which the building sits is 1.033 acres.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2004
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,573 SF
Lot 1.03 ac (45,000 SF)
Zoning code C1-D
APN 11-45-23-C4-01699.0540
UPID US18-0173781

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
  • Real Estate Agency
  • Hardware & Home Improvement
  • Home Decor Store
  • Roofing Company General Contractor
  • Roofing Company General Contractor

Location

627 Cpe Coral W Pkwy Cape Coral, FL 33914-6748
Cape Coral metro Census 10411 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.63M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.33M
Blend (final) Blend
$5.44M

Owner & transaction history

since 2022
Last sale
$5.2M
7 recorded transactions
2022
$5.2M
2016
Price N/A
2015
$1.5M
2005
Price N/A
2003
$48,000
1998
$65,000
1969
Price N/A

Zoning & alternative use

C1-D · Cape Coral, FL
Top alternative use upside
Auto repair, garage $4.6M +53.1%

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
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