Cape Coral commercial acreage

Vacant Land for Sale
Catylist Listing ID: 30652981
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: 11/19/2021

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.

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

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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


Photograph of Listing Agent

Jack Britton, CCIM

Professional Realty Consultants
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