LAND FOR SALE - 1049 Embers Pkwy

Vacant Land for Sale
Catylist Listing ID: 30347610
Property Subtypes: Multi-Family, Residential (Single Family), Other
Gross Land Area: 20 - 105.17 Acres
Sale Price: $3,500,000 - 7,775,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/5/2018

Overview / Comments

Entitled land for development, this property is approved for 1,400 multi-family units on approximately 104 acres of vacant land. The property enjoys almost 40 acres of existing lake that can serve as an impressive amenity and also provide dual-purpose on-site storm water management. Surrounding infrastructure is already in place, including electric, water, telephone and data, and public roadways. The City is currently installing sanitary sewer mains and a sewer lift station which is scheduled to be completed in the FY-2018.

Close proximity to major corridor-Pine Island Road Lakes provide an already existing amenity
Access from Embers Parkway and Nelson Road
Existing infrastructure already in place at street for electricity, telephone, cable, internet, and public water
City installing sanitary sewer mains and lift stations at street
Increasing population rate in a high residential growth area
One of the few large tracts of un-platted land available in the Cape
Currently being entitled with an increased density

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 104423C3000060200
Site Description: Close proximity to major corridor-Pine Island Road Lakes provide an already existing amenity Access from Embers Parkway and Nelson Road Existing infrastructure already in place at street for electricity, telephone, cable, internet, and public water City installing sanitary sewer mains and lift stations at street Increasing population rate in a high residential growth area One of the few large tracts of un-platted land available in the Cape Currently being entitled with an increased density
Area Description: Close proximity to major corridor-Pine Island Road Lakes provide an already existing amenity Access from Embers Parkway and Nelson Road Existing infrastructure already in place at street for electricity, telephone, cable, internet, and public water City installing sanitary sewer mains and lift stations at street Increasing population rate in a high residential growth area One of the few large tracts of un-platted land available in the Cape Currently being entitled with an increased density
Zoning Description: RD - Residential Development District C-1 - Pedestrian Commercial District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,057 54,378 120,819
Median Age: 33.91 37.28 40.42
Households: 344 19,562 45,510
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