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825 Del Prado Boulevard 825 Del Prado Blvd S 2,200 SF Retail Building Cape Coral, FL 33990 $2,039,793 CAD ($927.18 CAD/SF)
Investment Highlights
- Located on a highly visible, signalized corner of Del Prado Boulevard & Viscaya Parkway
- Accessible from both Del Prado Boulevard & Viscaya Parkway
- 10 Parking Spaces
- Great for a variety of uses including: Retail, Medical, and Office
- Over 26,500 households within a 3-mile radius
- Five-year average annual rent growth of 4.4%
Executive Summary
LSI Companies is pleased to present this freestanding, vacant retail building located in Cape Coral, Florida.
This 2,220± Sq. Ft. building presents versatile opportunities under the commercial zoning, making it suitable for both end users and investors. The property is situated at the signalized northeast corner of Viscaya Parkway and Del Prado Boulevard South, benefiting from the substantial daily traffic on both roadways. It offers a diverse range of permitted uses, with additional options accessible through Permitted with Standards and Conditional Uses.
Since 2020, Cape Coral has been one of the fastest-growing cities in the United States. Cape Coral’s retail vacancy rate is approximately 1.7%, with a five-year average of 2.3%, and there is minimal new retail space currently in the pipeline. The area has experienced annual rent growth of 3.4%, with a five-year average of 4.4%.
This 2,220± Sq. Ft. building presents versatile opportunities under the commercial zoning, making it suitable for both end users and investors. The property is situated at the signalized northeast corner of Viscaya Parkway and Del Prado Boulevard South, benefiting from the substantial daily traffic on both roadways. It offers a diverse range of permitted uses, with additional options accessible through Permitted with Standards and Conditional Uses.
Since 2020, Cape Coral has been one of the fastest-growing cities in the United States. Cape Coral’s retail vacancy rate is approximately 1.7%, with a five-year average of 2.3%, and there is minimal new retail space currently in the pipeline. The area has experienced annual rent growth of 3.4%, with a five-year average of 4.4%.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,200 SF
Building Class
C
Year Built
1985
Price
$2,039,793 CAD
Price Per SF
$927.18 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.46 AC
Zoning
C - Commercial
Parking
13 Spaces (5.91 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Number | 20-44-24-C1-01296.0010 | Improvements Assessment | $224,777 CAD |
| Land Assessment | $412,598 CAD | Total Assessment | $676,270 CAD |
Property Taxes
Parcel Number
20-44-24-C1-01296.0010
Land Assessment
$412,598 CAD
Improvements Assessment
$224,777 CAD
Total Assessment
$676,270 CAD
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825 Del Prado Boulevard | 825 Del Prado Blvd S
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