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Executive Summary
Rare opportunity to acquire a two-story, five-unit office property in the Downtown Cape Coral Redevelopment District, just off Cape Coral Parkway and near Del Prado Blvd. Positioned in the heart of South Cape, the property benefits from a highly accessible location surrounded by established retail, office, restaurant, and service-oriented uses within one of Cape Coral’s most active commercial corridors.
The offering includes an existing office building situated on approximately 0.55 acres, with a site configuration that provides added flexibility and presence beyond a typical standalone office asset. In addition to the building itself, the property includes an approximately 8,800 square foot corner lot at SE 15th Ave and SE 47th Terrace, as well as an additional approximately 2,500 square foot lot adjacent to the deck, further enhancing the usability and long-term appeal of the site.
Recent capital improvements include a new roof, updated windows, and improved interior finishes, giving the property a stronger combination of existing functionality and future potential. This is a compelling opportunity for an owner-user seeking a well-located office property, an investor looking for a value-add or repositioning opportunity, or a buyer with a longer-term vision for redevelopment within the CRA district.
The offering includes an existing office building situated on approximately 0.55 acres, with a site configuration that provides added flexibility and presence beyond a typical standalone office asset. In addition to the building itself, the property includes an approximately 8,800 square foot corner lot at SE 15th Ave and SE 47th Terrace, as well as an additional approximately 2,500 square foot lot adjacent to the deck, further enhancing the usability and long-term appeal of the site.
Recent capital improvements include a new roof, updated windows, and improved interior finishes, giving the property a stronger combination of existing functionality and future potential. This is a compelling opportunity for an owner-user seeking a well-located office property, an investor looking for a value-add or repositioning opportunity, or a buyer with a longer-term vision for redevelopment within the CRA district.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,198 SF
Building Class
C
Year Built
1978
Price
$1,995,000
Price Per SF
$321.88
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,099 SF
Slab To Slab
10’
Building FAR
0.26
Lot Size
0.55 AC
Zoning
SC - Commercial
Parking
24 Spaces (3.87 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Reception
- Storage Space
- Natural Light
- Open-Plan
- Wi-Fi
- Monument Signage
- Air Conditioning
- Smoke Detector
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 07-45-24-C3-00360.0530 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $809,523 |
Property Taxes
Parcel Number
07-45-24-C3-00360.0530
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$809,523
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4712 SE 15th Ave
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