4712 15Th AveCape Coral, FL 33904

Property Details for 4712 15Th Ave

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.55 AC

Property size (Sq ft)

3,096 SF

Zone code

SC

Property type

Office properties

Property subtype

Office buildings

APN

07-45-24-C3-00360.0530

APU

074524C3003600530

Description

This exceptional office building, situated in Cape Coral's vibrant Downtown Redevelopment District, offers three distinct executive office suites for lease. The property features a total of three units, with a substantial first-floor space and two additional upper-floor units. The ground floor unit boasts a generous 2,500 square feet of space, available at a competitive rate of $18.31 per square foot. This expansive layout provides ample room for a variety of business needs, from large teams to expansive individual offices. Complementing the main floor space are two smaller, yet equally well-appointed, upper-floor suites. Suite 1 offers 800 square feet of usable space, leased at a modified gross rate of $2,050.00 per month. Suite 3 provides 600 square feet, also leased at a modified gross rate of $1,537.00 per month. These upper-floor suites are ideal for smaller businesses or individual professionals seeking a prestigious address in a thriving downtown location. The building's location within the redevelopment district offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in Cape Coral. All units are available for immediate occupancy, presenting a unique opportunity to establish or expand your business in a prime location. The modified gross lease structure simplifies budgeting and allows for predictable monthly expenses. Inquire today to schedule a viewing and secure your ideal workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $821,245

  6.5%

  $758,073

  7%

  $703,925

• Comparable approach

  Method

  Valuation

  Relative Method

  $621,087

  Geo Method

  $565,422

• Alternative Use

  Use

  Valuation

  Residential

  $940,010

  Hospitality

  $861,044

  Educational

  $716,379

  Medical

  $741,016

  Retail

  $1,114,367

Location Insight

City

Cape Coral

County

Lee

State

Florida

Latitude

26.564

Longitude

-81.9459

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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