2901 Burnt Store RdCape Coral, FL 33993

  • Commercial land
  • 114.94 AC
For Sale
$10,900,000 View listing

Property Details for 2901 Burnt Store Rd

Lot size
114.94 AC
Zone code
NC NC NC
Property type
Commercial land
APN
29-43-23-C1-00001.0020
APU
294323C1000010020

Description

This exceptional 17,800 square foot multi-tenant office building, located at 17 Watchung Avenue in Morris County, presents a fantastic opportunity for medical or professional businesses. The property boasts two immediately available suites: a 2,350 square foot first-floor space (Suite 100) featuring two restrooms and exam rooms, currently vacant as of June 30th, 2024, and a 950 square foot second-floor suite (Suite 202), also vacant. A total of 3,300 square feet is currently available for lease. The building includes a convenient elevator and ample parking on a large lot. A significant advantage is the all-inclusive rent structure; tenants will not incur separate charges for common area maintenance, property taxes, or utilities. This simplifies budgeting and provides predictable operating costs. The building's strategic location offers excellent accessibility to major transportation arteries, including Interstate 78 and Route 24, ensuring convenient commutes for employees and clients. This property is ideal for businesses seeking modern, well-maintained office space in a highly desirable Morris County location with a straightforward and cost-effective lease arrangement.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,520,164,864
    Hospitality
    $1,392,462,848
    Educational
    $1,158,512,768
    Medical
    $1,198,355,840
    Retail
    $1,802,130,944

Location Insight

City
Cape Coral
County
Lee
State
Florida
Latitude
26.7071
Longitude
-82.035
CBSA code
15980
CBSA name
CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$81,319
$1,310,883
-
$1,310,883
-
$1,310,883
-
$1,310,883

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