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Investment Highlights
- Rare fenced outdoor storage
- New roof (2023) reduces near-term capital risk
- Opportunity for future owner-occupancy with near-term income in place
- Functional layout with 6 overhead doors & demised flexibility
- Infill location with limited competing supply
- Ownership will require a short-term occupancy period to maintain operational continuity during the transition
Executive Summary
Located at 1215 SE 10th Street in Cape Coral, this ±12,023 SF industrial building offers a rare combination of fenced outdoor storage, six overhead doors, and demised suite flexibility on ±1.05 acres. A new roof installed in 2023 minimizes near-term capital risk, and the infill location provides easy access to Viscaya Parkway and Del Prado Boulevard South. Zoned I – Industrial, this is the type of functional, versatile asset that seldom comes to market in a supply-constrained submarket like Cape Coral. Ideal for an owner-user seeking a permanent operating base, the property offers near-term rental income already in place with a short-term transition period required.
Property Facts
| Price | $4,109,220 CAD | Rentable Building Area | 12,023 SF |
| Price Per SF | $341.78 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1979 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.12/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 1.05 AC | No. Drive In / Grade-Level Doors | 8 |
| Zoning | I-1 - I – Industrial (City of Cape Coral) | ||
| Price | $4,109,220 CAD |
| Price Per SF | $341.78 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.05 AC |
| Rentable Building Area | 12,023 SF |
| No. Stories | 1 |
| Year Built | 1979 |
| Tenancy | Single |
| Parking Ratio | 1.12/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 8 |
| Zoning | I-1 - I – Industrial (City of Cape Coral) |
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Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 19-44-24-C2-00776.0400 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,269,245 CAD |
Property Taxes
Parcel Number
19-44-24-C2-00776.0400
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,269,245 CAD
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1215 SE 10th St
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