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47 Front St 7,500 SF Specialty Building Offered at $2,744,761 CAD at a 3.01% Cap Rate in Marco Island, FL 34145
Executive Summary
Original self storage concrete buildings on Marco Island, substantially occupied with income upside. Mid island location. Nearly half acre of solid land, C4 zoning, corner location of Front St & First Ave. Ideal for many operating uses and could be redevelopment opportunity. Street parking available also. Adjacent to Condee Cooling & Electric grounds. Easy vehicle access from two directions. Typical unit is size of single car garage approx 11 x 21 with 7ft roll up garage door. All concrete. Some units have been combined for larger space.
Property Facts
| Price | $2,744,761 CAD | Building Class | C |
| Price Per SF | $365.97 CAD | Lot Size | 0.48 AC |
| Sale Type | Investment or Owner User | Building Size | 7,500 SF |
| Cap Rate | 3.01% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1977 |
| Property Subtype | Self-Storage | Parking Ratio | 0.53/1,000 SF |
| Zoning | MARCO - C4 commercial Marco Island zoning allows broad range of medium intensity uses. Property has been used as storage for years with some small businesses. | ||
| Price | $2,744,761 CAD |
| Price Per SF | $365.97 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.01% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 7,500 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Parking Ratio | 0.53/1,000 SF |
| Zoning | MARCO - C4 commercial Marco Island zoning allows broad range of medium intensity uses. Property has been used as storage for years with some small businesses. |
Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 59083440007 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,148,284 CAD |
Property Taxes
Parcel Number
59083440007
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,148,284 CAD
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