1002 9Th StCape Coral, FL 33990

Property Details for 1002 9Th St

Lot size

0.23 AC

Zone code

CORR

Property type

Commercial land

APN

06-44-24-C4-02016.0010

APU

064424C4020160010

Description

This exceptional 4,500-square-foot auto shop, situated on a 15,000-square-foot lot in Cape Coral, Florida, presents a lucrative investment opportunity. The property, built in 1977 and extensively renovated in 2023, boasts a 100% occupancy rate and a strong, established client base. The single-story building features eight 12'3"x12' doors, five bays equipped with lifts (including one 10,000 lb. 2-post, three 7,000 lb. 2-post, and one 12,000 lb. 4-post lift), and two flat bays. Comprehensive equipment includes two 250-gallon 3-phase compressors, a 15hp single pump, a 15hp duplex pump, and six retractable 50' air hose reels. Parts storage is facilitated by eight pallet racks. A rear storage/work area, a hazardous material room with a fire door, and a new camera system with an ADT alarm system enhance security and functionality. The property also includes a recently renovated office and bathrooms, a new TPO roof over a solid concrete base, and ample parking for 20 vehicles. The fully paved and fenced lot offers potential for expansion. The light industrial zoning (permitted for auto repair) allows for continued operation of the existing business or adaptation to other compatible uses. The seller will transfer existing city licenses. This turnkey operation is priced at $1,800,000 ($400/sq ft) and offers significant potential for growth.

• Alternative Use

  Use

  Valuation

  Residential

  $3,036,208

  Hospitality

  $2,781,151

  Educational

  $2,313,885

  Medical

  $2,393,463

  Retail

  $3,599,376

Location Insight

City

Cape Coral

County

Lee

State

Florida

Latitude

26.6683

Longitude

-81.9533

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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