847-905 SE 9th Terrace

For Sale

847 SE 9th Terrace, Cape Coral, FL 33990

This Cape Coral property for sale is located at 847 SE 9th Terrace. The general use of 847-905 SE 9th Terrace is industrial and it incorporates 50,000 square feet of class B industrial space. The current listed sale price for 847-905 SE 9th Terrace is $8,700,000. 847-905 SE 9th Terrace is situated on a lot that is 1.89 acre in size.

Contacts

broker

Stan Stouder

CRE Consultants

(239) 481-3800

Property Details

  • Property Type Industrial - Warehouse
  • Property Size 50,000 SF
  • Lot Size 1.89 Acre
  • Cap Rate % 6.95
  • # of Floors 1
  • Parking Spaces Avail. 50
  • Parking Ratio 1.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1981
  • Date Updated Oct 23, 2023
  • Clear Height 24'
  • Website creconsultants.com

CRE Consultants professionally manages this 50,000± SF warehouse boasting 13 local tenants and a prime location in the Mid-Cape Industrial area, near Viscaya Parkway and Del Prado Boulevard. This pre-engineered metal building is fully sprinklered and features 3-phase 400 AMP power, 12’ x 14’ overhead doors and abundant natural light from new skylights. With the largest lease currently at below-market rents, soon to expire, this presents a compelling value-add opportunity for savvy investors. The owner has recently invested in numerous capital improvements, including a new $700,000 TPO roof and skylights, LED lighting, fresh exterior paint, new overhead doors. Seller financing is available for qualified buyers for up to 45% of the purchase price at 6% interest only monthly payments.  

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Getting around

  • 32/100

    Walk Score ®

  • 44/100

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Location

  • City Cape Coral, FL
  • Neighborhood Hancock
  • Zip Code 33990
  • Market Southwest Florida Coast

Points of Interest

  • Shell

    0.32 miles

  • Speedway

    0.94 miles

  • 7-Eleven

    1.11 miles

  • Speedway

    1.16 miles

  • Murphy USA

    1.38 miles

  • Mobil

    1.52 miles

  • RaceTrac

    1.86 miles

  • Marathon

    1.97 miles

  • Sunoco

    2.02 miles

  • Shell

    2.03 miles

  • Enterprise

    1.21 miles

  • Touchless Laser Wash

    1.66 miles

  • Downtowner Car Wash

    5.08 miles

  • Enterprise

    5.11 miles

  • Rocket Shine Car Wash

    7.64 miles

  • Spot On Car Wash & Auto Spa

    7.94 miles

  • Burger King

    1.00 miles

  • Denny's

    1.06 miles

  • Papa John's

    1.09 miles

  • Anthony's

    1.10 miles

  • Anthony's on the Boulevard

    1.11 miles

  • Cici's Pizza

    1.11 miles

  • Time to Eat Tapas & Wine

    1.12 miles

  • M & A Restaurant & Grocery

    1.13 miles

  • Moorings

    1.14 miles

  • Twisted Lobster

    1.15 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Stan Stouder

CRE Consultants

(239) 481-3800