Finding the right location for your business can seem like a Herculean task. Lucky for you, the city government of Cape Coral offers a robust Chamber of Commerce with competitive business incentives and opportunities for growth. With the expertise of seasoned commercial real estate professionals like Alec Salameh at Coldwell Banker Realty, your industry can flourish in Cape Coral.
Why Choose Cape Coral for Your Industry
Whether you’re starting a new business or you’re in the market to expand or relocate, Cape Coral has what you need.
When Cape Coral was first incorporated as a city in 1970, it was mainly residential plots with few amenities or commercial areas, and a population of just over 10,000 people. Now, the population is a little over 200,000 people and rapidly increasing.
The local economy is diversifying quickly with increased demand for a variety of businesses. However, commercial and industrial sites have not quite kept up with this sudden rise in population in Cape Coral. Industrial properties for sale here can help your business take advantage of the growing employment and clientele opportunities.
Lots Of Room
The third largest city in Florida, at 120 square miles, is Cape Coral. Industrial space for lease in the city is expanding rapidly at very competitive rates. The average pricing per square footage here is lower than in many larger cities around the nation, and investors are noticing. With Cape Coral only about halfway built out, there is ample opportunity for expansion and prosperity.
Cape Coral is located less than an hour away from the Southwest Florida International Airport. The city is also home to the largest amount of navigable saltwater and freshwater canals in the world – nearly 400 miles worth – making it ideal for those in the boating, fishing, or insurance business.
Foreign Trade Zones
There are two Foreign Trade Zones (FTZs) in the city of Cape Coral. Industrial properties for sale in these zones benefit from being treated as areas “outside the commerce of the United States,” according to the Descartes Systems Group. If your business utilizes merchandise from overseas, you are not required to pay certain taxes and tariffs for it while it is within the FTZs. This means that some costs of conducting trade can be avoided, allowing you to remain competitive in the U.S. without moving your operations to other countries.
Where to Set Up Shop
The Pine Island Road corridor is currently the most prominent commercial sector of Cape Coral. Industrial properties for sale in the Commerce Park Overlay section have access to city water, sewer services, and fiber optic internet service as a part of the Pine Island Road corridor. This commercial sector also directly connects Cape Coral to I-75 and U.S. 41, making it an ideal location for light industrial trucking connections.
The 92.5 acres of the North Cape Industrial Park typically house service industries, light manufacturing, and warehousing in the northeastern part of Cape Coral. Industrial property for sale in this section has access to water, sewer, and broadband internet. This area is also one of the two Free Trade Zones/Foreign Trade Zones in Cape Coral.
The Mid-Cape Industrial Park contains roughly 143 acres of warehousing and service industry space right off Del Prado Boulevard. This area is excellent for health-related industries due to its proximity to the Cape Coral Hospital and other nearby medical centers. As one of the original industrial areas of Cape Coral, industrial properties for sale here also enjoy the advantages of being the second Free Trade/Foreign Trade Zones of the city.
Alec Salameh and his team of real estate professionals are ready to provide state-of-the-art services and a client-focused approach to help you find the right place for your industry. Contact us here to learn more about how you and your business can grow along with Cape Coral today!