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1014 Se 12th Ct, CAPE CORAL, FL – $650,000

  • $650k Price
  • 44,864 Sqft
  • 1.03 Acres
  • 390 DOM
  • $650k Price
  • 44,864 Sqft
  • 1.03 Acres
  • 390 DOM

1014 Se 12th Ct

BUYER COULD USE PART OR ALL OF THE SPACE - Tenants are on month to month basis and rents are well below market. The building is 10,000 square feet (100' x 100') constructed of both steel & block and divided into five separate rental units. Tenants are willing to stay in place with the new buyer, or they could vacate with appropriate notice. The five units are leased to four tenants and consist of units 1 and 3 which is a 4,166 sf unit - $1,500.00, unit 2 is 2,500 sf - $895.83, unit 4 is a 1,660 sf unit - $783.33 and unit 5 is also 1,660 sf - $725.00. Building square foot average rate is $4.68. with current rentals within the area between $8.00 to $10.00 psf range (if you can find one). Zoned light industrial - warehouse has access from the main street (SE 12th Ct) as well as the paved alley. NOTE: There are 2 ADDITIONAL income producing fenced yards that could be purchased for an additional $500,000. Currently rented as yard storage with 44+/- vehicles, trailers, trucks, etc. with monthly income of $3,520. ($80 per month / stall). The yard on SE 10th Street is also on a gulf access waterfront canal.

Essential Information

  • MLS® #218024391
  • Price$650,000
  • Square Footage44,864
  • Acres1.03
  • Year Built1977
  • TypeCommercial
  • StatusActive

Sub-Type

Industrial: Manufacturing, Industrial: Warehouse, Industrial: Flex Space, Industrial: Office Showroom

Community Information

  • Address1014 Se 12th Ct
  • CityCAPE CORAL
  • CountyLee
  • StateFL
  • Zip Code33990

Area

CC14 - Cape Coral Unit 16,18,22-

Amenities

  • WaterfrontNone

Utilities

3-Phase Electric, Electric, Phone Line, Sewer, Single Phase Electric, Trash Removal, Water

Interior

  • # of Stories1

Exterior

  • Lot Description150

Additional Information

  • Date ListedMarch 29th, 2018
  • Days on Market390
  • ZoningI-1

Listing Details

  • OfficePhil Deems Real Estate
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Phil Deems Real Estate.

The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on April 23rd, 2019 at 11:15pm CDT.