• MLS® #: 218024391
  • 1014 Se 12th Ct

  • CAPE CORAL, FL 33990
  • $650,000 REDUCED
  • 44864 , 1.03 Acres
  • Commercial
  • Office: Phil Deems Real Estate

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
  • Taxes$4,808
  • Tax Year2017


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

Community Information


CC14 - Cape Coral Unit 16,18,22-


  • WaterfrontNone


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


  • # of Stories1


  • Lot Description150

Additional Information

  • Date ListedMarch 29th, 2018
  • Days on Market510
  • ZoningI-1

Property Location

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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. 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 August 22nd, 2019 at 6:30pm EDT.