16-Unit Multifamily Site

Vacant Land for Sale
Catylist Listing ID: 30297524
Property Subtypes: Multi-Family
Gross Land Area: 1.16 Acres
Sale Price: $275,000
Unit Price: $237,068 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/25/2019

Overview / Comments

1.16± acre corner site with 3 road frontages; Leonard Boulevard S, Owen Avenue S and 24th Street SW. Conveniently located with quick access to Publix Shopping Center, numerous retailers and restaurants. With zoning allowance there is the potential for 16 units on this site. Part of a three-lot portfolio for sale by the same ownership. Ask the Listing Agent about discounted bulk sale.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 31-44-26-02-00004.0010, 31-44-26-02-00004.0030, 31-44-26-02-00004.0050
Property Visibility: Excellent
Feet of Frontage: 450
Lot Frontage: 240
Lot Depth: 210

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,639 42,022 80,452
Median Age: 26.97 35.18 34.95
Households: 1,385 14,801 27,152


Photograph of Listing Agent

Fred Kermani CCIM, AIA

CRE Consultants
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