Cape Coral 15 acre Veterans Plaza Phase III site

Vacant Land for Sale
Catylist Listing ID: 30285991
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 15 Acres
Sale Price: $6,500,000
Unit Price: $433,333 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/7/2018

Overview / Comments

Veterans Plaza Phase III is the large commercial parcel just west of Lowes. This site is the last large developmental tract available in the busy central Cape Coral commercial hub at Santa Barbara Boulevard and Veterans Parkway. The site is 15+/- acres total consisting of an assemblage of 50 individual parcels. The front 13+/- acres of the site is zoned C-1 commercial and has approximately 1,300' of frontage facing Veterans Parkway. The rear 2+/- minus acres of the site is currently still zoned residential. The seller has a proposed Defender Canal vacation plan to fill this canal and utilize the entire site. The seller has a preliminary site plan with 4 out parcels that could hold approximately 17,096 SF of retail, bank, or restaurant uses. The rear of the site could hold approximately 127,748 SF of retail space in a proposed 6 unit plaza. The site has a shared access driveway in place on Veterans Parkway. City water, sewer, and irrigation available. Buyer to assume assessment balances at closing. Call Jack Britton, CCIM at (239) 851-2090 with any questions.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 35-44-23-C2-01873.0150
Zoning: C-1
Property Located Between: North side of Veterans Parkway between Santa Barbara Bl. and Skyline Bl.
Property Visibility: Good
Largest Nearby Street: Veterans Parkway
Feet of Frontage: 1,300
Highway Access: Shared driveway access with Lowes off of Veterans Parkway
Site Description: 15+/- acre commercial development site
Area Description: Central Cape Coral business hub.
Lot Frontage: 1300
Lot Depth: 888
Zoning Description: C-1 commercial and R-1 residentail
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,042 80,856 153,297
Median Age: 40.15 43.85 45
Households: 3,353 32,487 63,297

Contact

Photograph of Listing Agent

Jack Britton, CCIM

Professional Realty Consultants
SWFLCA Member
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