4423 Chiquita BlvdCape Coral, FL 33914

Property Details for 4423 Chiquita Blvd

Year built

2020

Construction

STEEL FRAME

Lot size

1.26 AC

Property size (Sq ft)

9,147 SF

Zone code

MR

Property type

Retail properties

Property subtype

Retail space

APN

10-45-23-C4-03326.0290

APU

104523C4033260290

Description

This exceptional 1.28-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Cape Coral, Florida. Located at 4423 Chiquita Blvd S (adjacent to), this property is zoned C and boasts high visibility and traffic flow due to its strategic location near numerous popular businesses including McDonald's, Burger King, Walgreens, Publix, Dollar General, Wells Fargo, Dunkin' Donuts, and DaVita Kidney Care. The property's prime location makes it suitable for a wide range of commercial ventures, such as a car wash, fast-food restaurant, strip mall, office complex, or medical facility (e.g., dental clinic). The asking price of $749,900 is notably below the assessed tax value, making this an attractive proposition for discerning investors. The property's APN numbers are 03326.0390 and 03326.0010. All offers will be considered. This is a for-sale-by-owner listing in Lee County, Florida, zip code 33914. The property is situated at latitude 26.567379891004958 and longitude -82.00666311653652.

• CAP approach

  CAP return

  Valuation

  6%

  $3,566,712

  6.5%

  $3,292,350

  7%

  $3,057,182

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,624,140

  Geo Method

  $4,209,702

• Alternative Use

  Use

  Valuation

  Residential

  $2,777,220

  Hospitality

  $2,543,918

  Educational

  $2,116,510

  Medical

  $2,189,300

  Retail

  $3,292,350

Location Insight

City

Cape Coral

County

Lee

State

Florida

Latitude

26.5684

Longitude

-82.0063

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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