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: |
5/18/2020 |
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.
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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 |
|
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