Cape Coral commercial acreage
Vacant Land
for Sale
| Catylist Listing ID: |
30799388 |
| Property Subtypes: |
Retail, Retail-Pad
|
| Gross Land Area: |
5.36 Acres
|
| Sale Price: |
$2,335,000 |
| Unit Price: |
$435,634 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/20/2022 |
Overview / Comments
Reduced, large price reduction. Owner looking for offers. This site is one of the few larger commercial parcels available on Santa Barbara Boulevard.
This 5.36 acre site has excellent frontage and visibility. Seller has approved plans that would require updating for 54,586 SF of retail space. There is also a 38,076 SF corner out parcel that could house approximately another 9,000 +/- SF of retail space. Seller also has approved SWFL Water Management Plans for the site. Seller would consider dividing site. Site may be a good fit for a Senior Living Facility as there are several already in the immediate area.
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Additional Details
| Nearest MSA: |
Cape Coral-Fort Myers |
| County: |
Lee |
| Tax ID/APN: |
244423C1000010010 |
| Property Located Between: |
On east side of Santa Barbara Blvd. just north of Nicholas Parkway. |
| Property Visibility: |
Excellent |
| Legal Description: |
S 1/2 of S 1/2 OF W 1/2 OF NW 1/4 OF NW 1/4 LESS W 50 FT + UNIT 24 BLK
1055 LOTS 1 THRU 5 PB 14 PG 67 |
| Largest Nearby Street: |
SE 10TH Terrace |
| Feet of Frontage: |
466 |
| Site Description: |
5.36 acre commercial site zoned C-1 |
| Area Description: |
Central Cape Coral commercial corridor |
| Lot Frontage: |
466' |
| Lot Depth: |
618' |
| Zoning Description: |
C-1 |
| In Flood Plain?: |
Yes |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,412 |
63,200 |
157,100 |
| Median Age: |
40.19 |
41.14 |
42.93 |
| Households: |
3,943 |
24,030 |
62,675 |
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