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Property summary
The property is a two-story restaurant building with substantial foodservice infrastructure, including two commercial kitchens, a dedicated butcher room, six walk-in coolers, and three walk-in freezers, along with multiple restrooms. Electrical service includes phase-3 power. The second floor features an office with a small balcony overlooking the main floor, where the main dining area has a soaring ceiling. The building is associated with 862 Lafayette St. and includes building space with some parking, plus an additional off-street entrance from the south and parking via 859 Miramar St. Outdoor amenities include a large screened area with power shutters and a patio seating configuration connected to the kitchen setup for year-round foodservice use. The property is located about one block south of Cape Coral Parkway and one block east of Coronado Parkway.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
South Cape (SC). This district is to promote redevelopment and enhancement of the traditional commercial center of Cape Coral into a more compact and walkable form growth and to create a destination for residents and vis…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Cape Coral market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
SC · Cape Coral, FLSouth Cape (SC). This district is to promote redevelopment and enhancement of the traditional commercial center of Cape Coral into a more compact and walkable form growth and to create a destination for residents and vis…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
South Cape (SC). This district is to promote redevelopment and enhancement of the traditional commercial center of Cape Coral into a more compact and walkable form growth and to create a destination for residents and vis…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SC in Cape Coral, FL.
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