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Investment Highlights

  • The MRI and X-ray rooms include approximately $2,000,000 in improvements
  • New Lee Health Clinic at Bimini Square is expected to occupy most of the 1st floor and is slated to open Summer of 2025.
  • Growing population - Lee County is adding 90 residents per day.
  • Next door to the current Lee Physician Group for Internal Medicine in the Lee Memorial Health System-owned building.
  • Over 35,000 AADT at Cape Coral Parkway E. and Palm Tree Drive (building is one parcel from Cape Coral Parkway).

Executive Summary

Great location for this Medical Office Building with an existing MRI Center, including Equipment and Business for sale.
The office buildout includes an MRI room and an X-ray room built to code for medical imaging standards.
Two tenants - Imaging Center (Owner-User) and Physician Services & Rehab (Short-term Tenant)

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,891 SF
Building Class
B
Year Built
2002
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,891 SF
Building FAR
0.24
Lot Size
0.46 AC
Zoning
DG - MXB Mixed Use Bimini City of Cape Coral
Parking
24 Spaces (4.92 Spaces per 1,000 SF Leased)

Amenities

  • Signage
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
12-45-23-C3-00085.0340
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$666,680
  • Listing ID: 29035405

  • Date on Market: 7/18/2023

  • Last Updated:

  • Address: 506 SE 47th Ter, Cape Coral, FL 33904

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