Possible 16 acre Assemblage Pine Island Rd, Cape Coral

Vacant Land for Sale
Also listed as Multi-Family, Industrial
Catylist Listing ID: 30336079
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 5 Acres
Sale Price: $1,200,000
Unit Price: $240,000 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 1/18/2019

Overview / Comments

This desirable parcel is just off Pine Island Road in Cape Coral. This is an active Horse Farm and the seller is ready to sell the land. The zoning is CORR or Corridor and the future land use is PIRD or Pine Island Road Corridor.
The land is completely cleared. This is proposed in the new plans to be in the Pine Island Road Corridor. See the attached diagrams. It is adjacent to parcels for sale on Pine Island Road. There are utilities on the site.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 214423C100005001A
Property Located Between: Chiquita Blvd and Burnt Store Road
Property Visibility: Excellent
Legal Description: S 1/2 OF E 1/2 OF E 1/2 OF NE 1/4 OF NW 1/4
Largest Nearby Street: Pine Island Road
Traffic/Vehicle Count: 20,000
Airports: RSW
Site Description: Great location for self-storage, multifamily, commercial, office, retail
Zoning Description: Corridor zoning was established to promote such uses as retail, office, office/warehouse, light manufacturing, institutional, golf courses, larger scale commercial retail, and government uses such as parks and public facilities while also allowing for the consideration of the size of the land to be developed in determining the options for land development.
Topography: Level
Easements: Pipelines, Electric Lines, Water Rights, Utilities
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,099 46,826 115,000
Median Age: 36.95 38.22 41.22
Households: 2,810 16,769 43,994


Photograph of Listing Agent

Pam Wittenauer, CCIM

RE/MAX Realty Group
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