$12,495,000

1201-1317 Cape Coral Parkway E, Cape Coral, FL 33904

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$12,495,000

1201-1317 Cape Coral Parkway E Cape Coral, FL 33904

For Sale MLS# 2026006691

Commercial

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Data current as of 30/04/2026 17:36:10

Details for 1201-1317 Cape Coral Parkway E

MLS# 2026006691

Description for 1201-1317 Cape Coral Parkway E, Cape Coral, FL, 33904


Big John Plaza, a cornerstone of Cape Coral's commercial landscape, has been a bustling hub of activity since its inception in the early 1960s. This long-established shopping center has witnessed the city's transformation from a small community to a thriving metropolis, and it has evolved alongside it, maintaining its relevance and appeal. In 2019, Big John's Plaza underwent a complete renovation, breathing new life into this historic shopping center. The renovation was not merely cosmetic; it was a comprehensive overhaul aimed at modernizing the plaza while preserving its unique character. The result is a harmonious blend of old-world charm and contemporary convenience that appeals to both long-time residents and newcomers alike. The renovation included structural improvements, aesthetic upgrades, & functional enhancements. The most significant upgrade was perhaps the new roof installed in 2023. This state-of-the-art roofing system not only improved the plaza's appearance but also enhanced its durability and energy efficiency. Today, Big John Plaza is home to twenty diverse tenants. These include retail stores, restaurants, service providers, and professional offices. Many of these businesses have been part of the plaza for years, contributing to its vibrant community atmosphere. They offer a wide range of products and services, catering to the diverse needs of Cape Coral's residents and visitors. For the most part, the Plaza has had NO vacancy or collection loss. Despite the changes over the years, Big John Plaza has managed to retain its friendly neighborhood vibe. It is more than just a shopping center; it is a gathering place where people come to shop, dine, socialize, and create memories. Among other gatherings, it has hosted the annual Christmas Tree Lighting and the annual Cape Coral Art Festival, a Rotary sponsored event, both for over forty years. The plaza's welcoming ambiance, combined with its convenient location and diverse offerings, make it a favorite destination for locals and tourists alike. In conclusion, Big John Plaza is not just a shopping center; it's a piece of Cape Coral's history that has been lovingly preserved and thoughtfully modernized. Whether you're a long-time resident or a first-time visitor, Big John Plaza welcomes you with open arms and promises an experience that is truly Cape Coral. The Plaza is valued with it's complete value and not just return on investment. There are endless opportunities for this property with the right owner. It could be left as is or has the opportunity to partner with the City and be a major redevelopment in the heart of Downtown Cape Coral. The City owns the 87,360 SF parking lot directly to the north of our subject and is interested in partnering with a developer. Their vision is mixed use with multiple levels of parking. A prime opportunity for the right investor. Seller is a licensed Florida Real Estate Broker.

Listing Information


Property Type: Commercial, Retail, Retail,Commercial

Status: Active

Lot Size: 2.02 Acres

Year Built: 1968

Stories: 1 Story

Current Use: Commercial,Retail

County: Lee

Days On Market: 46

Construction Status: Resale

Utilities


Other Utilities: Electricity Available

Exterior / Lot Features


Zoning: SC

Financial Considerations


Tax/Property ID: 18-45-24-C2-01064.0010

Tax Amount: 118559.85

Tax Year: 2025

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby 1201-1317 Cape Coral Parkway E

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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