1203 SE 9th Ter
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1203 SE 9th Ter
8,157 SF 100% Leased Flex Building Cape Coral, FL 33990 $1,450,000 ($178/SF)
EXECUTIVE SUMMARY
This 8,559 square foot, two story, multi tenant, office-warehouse building, was built in 1983, sits on 12,141 sf of land, is located in the central part of town, and just a few streets west of Del Prado Blvd., in Cape Coral, Florida. Each ground floor unit has a similar layout with office's fronting SE 9th Terrace, and warehouse unit's along the alleyway. Overhead doors are 14 feet in height, 3-phase power is on the alley, FLU: I and Zoning: I. Building has city water and city sewer. New roof and new HVAC unit's as of November 2023. BUILDING CONSISTS OF 3 GROUND FLOOR UNITS, EACH WITH ITS OWN OFFICE AND WAREHOUSE SPACE. SELLER IS IN TWO OF THE UNITS AND WOULD CONSIDER A SHORT TERM LEASE BACK. TENANT IN UNIT NUMBER 2 IS ON A MONTH TO MONTH.
PROPERTY FACTS
| Price | $1,450,000 | Lot Size | 0.28 AC |
| Price Per SF | $178 | Rentable Building Area | 8,157 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Sale Condition | Sale Leaseback | Year Built | 1983 |
| Property Type | Flex | Parking Ratio | 0.74/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 8’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Price | $1,450,000 |
| Price Per SF | $178 |
| Sale Type | Investment or Owner User |
| Sale Condition | Sale Leaseback |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.28 AC |
| Rentable Building Area | 8,157 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 0.74/1,000 SF |
| Clear Ceiling Height | 8’ |
| No. Drive In / Grade-Level Doors | 3 |
UTILITIES
- Lighting
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 19-44-24-C2-00777.0570 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $588,141 |
PROPERTY TAXES
Parcel Number
19-44-24-C2-00777.0570
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$588,141
ZONING
| Zoning Code | I-1 (Industrial) |
| I-1 (Industrial) |
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1203 SE 9th Ter
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