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SMALL BAY MULTI TENANT INDUSTRIAL INVESTMENT 930 SE 9th Ln

9,488 SF 100% Leased Industrial Building Cape Coral, FL 33990 $1,799,259 CAD ($190 CAD/SF) 5.23% Cap Rate

Investment Highlights

  • LOW VACANCY RATE: Cape Coral’s industrial vacancy rate, ranging from 0.9% to 1.5%, highlights a highly competitive market, making it desirable.
  • VALUE-ADD OPPORTUNITY: With below market rent on short-term leases this is an excellent opportunity to increase cashflow year one of ownership.
  • STRATEGIC LOCATION: Positioned within Cape Coral’s industrial corridor, the property benefits from proximity to key logistics and commercial hubs.

Executive Summary

Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Price $1,799,259 CAD
Price Per SF $190 CAD
Sale Type Investment
Cap Rate 5.23%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.52 AC
Rentable Building Area 9,488 SF
No. Stories 1
Year Built 1987
Parking Ratio 1.11/1,000 SF
No. Drive In / Grade-Level Doors 5
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-44-24-C1-00775.0210
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$508,356 CAD

zoning

Zoning Code I-1W
I-1W
  • Listing ID: 34235414

  • Date on Market: 2024-12-18

  • Last Updated:

  • Address: 930 SE 9th Ln, Cape Coral, FL 33990

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