1404 Del Prado BlvdCape Coral, FL 33990

Property Details for 1404 Del Prado Blvd

Lot size

1.24 AC

Property type

Land

Property subtype

Commercial land

APN

19-44-24-C3-00800.00CE

APU

194424C30080000CE

Description

This exceptional retail investment opportunity is located at 1404 Del Prado Blvd S in Cape Coral, Florida, 33990. The property boasts 670 square feet of space and is offered at an asking price of $310,999, representing a compelling 7.30% capitalization rate. This is an absolute NNN lease, minimizing landlord responsibilities. The property benefits from a highly visible location along one of Cape Coral's main thoroughfares, Del Prado Boulevard, which sees a daily traffic count of 44,500 vehicles. Its strategic position just north of Veterans Memorial Parkway ensures excellent exposure and accessibility. The property is zoned C-1 by the City of Cape Coral, offering flexibility for a variety of retail uses. Ample parking is available for customers and employees, enhancing the convenience and appeal of the location. The property also benefits from strong neighboring tenants, creating a vibrant and successful retail environment. This is a rare opportunity to acquire a well-located, high-performing retail property in a thriving market. The property's size, location, and strong financial performance make it an ideal addition to any investment portfolio. Don't miss this chance to own a piece of Cape Coral's bustling retail scene.

• Alternative Use

  Use

  Valuation

  Residential

  $16,373,058

  Hospitality

  $14,997,633

  Educational

  $12,477,855

  Medical

  $12,906,987

  Retail

  $19,409,996

Location Insight

City

Cape Coral

County

Lee

State

Florida

Latitude

26.6263

Longitude

-81.942

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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