0.54 acres CORR zoned Land on Del Prado Blvd

Vacant Land for Sale
Catylist Listing ID: 30168824
Property Subtypes: Multi-Family, Office, Retail, Self Storage
Gross Land Area: 23,630 SF
Sale Price: $189,000
Unit Price: $8 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2019

Overview / Comments

The subject property is 0.54 acres or 23,631 square feet (sf) having approximately 229’ frontage along Del Prado Boulevard and is CORR commercial zoning. Located about a quarter of a mile south of Pine Island Road intersection there are increasing traffic counts in this area with the growing demographics. FL DOT (2016) shows the counts from Pine Island to Hancock Bridge Parkway along the Del Prado corridor to be around 32,000 cars per day and south of Hancock Bridge along the corridor at 48,000 cars daily. The property has great visibility and offer many different uses because of the zoning. City assessments have been paid for water and sewer utilities. The lot is cleared and presently is covered in grass.
The area surrounding the property is mixed. There are single family residential homes, small strip center, medical office and more immediately surrounding the property.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Taxing Authority: City of Cape Coral
Tax ID/APN: 08-44-24-C1-03555.0010
Zoning: CORR
Property Located Between: NE 6th Ter and NE 7th St
Property Visibility: Good
Legal Description: CAPE CORAL UNIT 47 PT 3 BLK 3555 PB 28 PG 32 LOTS 1 + 21
Largest Nearby Street: Del Prado
Feet of Frontage: 229
Traffic/Vehicle Count: 36,000
Lot Frontage: 229
Zoning Description: CORR - see attached
Topography: Level
Available Utilities: Electric, Water, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,983 61,994 143,527
Median Age: 38.29 41.64 43.18
Households: 2,927 24,698 58,668
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