Opportunity to own 1.3 Acres of land on Pine Island Rd

Vacant Land for Sale
Catylist Listing ID: 30579760
Property Subtypes: Industrial, Office, Retail, Retail-Pad, Other
Gross Land Area: 57,935 SF
Sale Price: $949,900
Unit Price: $16.40 PSF
In Opportunity Zone? Yes
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 5/20/2022

Overview / Comments

Opportunity to own 1.3 Acres of land on Pine Island Rd with Commercial Corridor District zoning. Nearby businesses such as Publix's Anchored Shopping Plaza (Santa Barbara Centre) with Rib City, Sushi, Jett’s Pizza, Chinese, Nail Salons and much more. Walgreen's. McDonalds, T- Mobile and several other Fast Food and Banks close by. Across the street from the HUGE Kia Dealership. Land Use and Development Regulations .13 Corridor District (Corr). A. Purpose and intent. This district is established to: 1. Implement the recommendations of the Pine Island Road Master Plan; 2. To promote such uses as retail, office, office/warehouse, light manufacturing, institutional (schools, colleges), residential, larger scale commercial retail (big box stores over 50,000 square-feet) and government uses such as parks and public facilities; 3. To provide design guidelines for large scale retail; and 4. Otherwise implement this ordinance. The nature of the development(s) that can be built within the Corridor district is determined by the size of the land to be developed. As the property size increases, so do the options for development. Seller willing to provide financing to a qualified Buyer. Seller will consider land leasing options.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 124423C4023730310
Property Located Between: Off Pine Island Road, between Santa Barbara Blvd N and Cultural Park Blvd.
Legal Description: STRAP #'s: 12-44-23-C4-02373.0310, 12-44-23-C4-02373.0290, 12-44-23-C4-02373.0270, 12-44-23-C4-02373.0240
Largest Nearby Street: Pine Island Road
Feet of Frontage: 457
Lot Frontage: 457
Lot Depth: 124
Zoning Description: 10-Vacant Commercial
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal, Other
Sewer Type: Municipal, Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,088 65,648 134,344
Median Age: 36.67 39.3 42.25
Households: 2,153 24,535 52,658


Photograph of Listing Agent

Jacklyn Rogers

Re/Max Trend
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