847-905 SE 9th Terrace Listing Details & Market Data

847 SE 9th Terrace, Cape Coral, FL 33990

  • For Sale $8,700,000
  • Property Type Industrial - Warehouse
  • Property Size 50,000 SF
  • Lot Size 1.89 Acre
  • Cap Rate % 6.95
  • # of Floors 1
  • Parking Spaces Avail. 50
  • Parking Ratio 1.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1981
  • Date Updated Oct 23, 2023
  • Clear Height 24'
  • Website creconsultants.com

CRE Consultants professionally manages this 50,000± SF warehouse boasting 13 local tenants and a prime location in the Mid-Cape Industrial area, near Viscaya Parkway and Del Prado Boulevard. This pre-engineered metal building is fully sprinklered and features 3-phase 400 AMP power, 12’ x 14’ overhead doors and abundant natural light from new skylights. With the largest lease currently at below-market rents, soon to expire, this presents a compelling value-add opportunity for savvy investors. The owner has recently invested in numerous capital improvements, including a new $700,000 TPO roof and skylights, LED lighting, fresh exterior paint, new overhead doors. Seller financing is available for qualified buyers for up to 45% of the purchase price at 6% interest only monthly payments.  

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Contacts

broker

Stan Stouder

CRE Consultants

(239) 481-3800

Location

Getting Around

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    Car-Dependent (32)
  • Bike Score ®

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  • City Cape Coral, FL
  • Neighborhood Hancock
  • Zip Code 33990
  • Market Southwest Florida Coast

Points of Interest

  • Shell

    0.32 miles

  • Speedway

    0.94 miles

  • 7-Eleven

    1.11 miles

  • Speedway

    1.16 miles

  • Murphy USA

    1.38 miles

  • Mobil

    1.52 miles

  • RaceTrac

    1.86 miles

  • Marathon

    1.97 miles

  • Sunoco

    2.02 miles

  • Shell

    2.03 miles

  • Rosen Park

    2.20 miles

  • Mid-Point Bridge Toll Plaza

    2.42 miles

  • Royal Palm

    4.84 miles

  • Maria's Pizzeria & Restaurant

    4.87 miles

  • Walker's Hideaway Marina

    4.87 miles

  • State Farm

    4.91 miles

  • Twelve Twenty Two Offices & Executive Suites

    4.93 miles

  • Cape Shore Realty

    4.93 miles

  • VCA Baywood Animal Hospital & Pet Resort

    4.94 miles

  • Right Choice Realty

    4.96 miles

  • Key Food

    1.45 miles

  • Ross

    1.51 miles

  • Publix

    1.56 miles

  • Walmart Supercenter

    1.56 miles

  • Publix

    1.59 miles

  • Walmart Neighborhood Market

    2.01 miles

  • Kohl's

    2.08 miles

  • JCPenney

    2.09 miles

  • Beall's Outlet

    2.14 miles

  • Bealls

    2.17 miles

Contact Listing Broker

broker

Stan Stouder

CRE Consultants

(239) 481-3800