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885 SE 47th Ter
Cape Coral, FL 33904
Downtown Cape Coral Redevelopment Opportunity · Retail Property For Sale
Investment Highlights
- Downtown Cape Coral Mixed Use Redevelopment Opportunity located across the street from Village Square, an approved 3 acre Mixed use project
- The Building is adjacent to the Entertainment District known as Club Square and across the street from Downtown Village Square
- Listing agent also has the building to the North for sale if interested in developing a city block.
- The City provided landscaping and paver sidewalks along the frontage of SE 47th Ter to encourage New Development.
- 4 way stop and turn lanes provided from both directions on Cape Coral Parkway and SE 9th PL
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,008 SF
Building Class
B
Year Built/Renovated
1981/2024
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.45 AC
Zoning
SC - Technically you can build up to 10 stories with ground floor retail and up to 125 units per acre in the South Cape Zoning District.
Parking
13 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Property Taxes
| Parcel Numbers | Improvements Assessment | $887,444 | |
| Land Assessment | $330,000 | Total Assessment | $1,236,965 |
Property Taxes
Parcel Numbers
Land Assessment
$330,000
Improvements Assessment
$887,444
Total Assessment
$1,236,965
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