Cape Coral 15 acre Veterans Plaza Phase III site

Vacant Land for Sale
Catylist Listing ID: 30786887
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 15 Acres
Sale Price: $9,500,000
Unit Price: $633,333 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/2/2023

Overview / Comments

Veterans Plaza Phase III is the large commercial parcel just west of Lowes. This site is the last large developmental tract available in the busy central Cape Coral commercial hub at Santa Barbara Boulevard and Veterans Parkway. The site is 15+/- acres total consisting of an assemblage of 50 individual parcels. The front 13+/- acres of the site is zoned C-1 commercial and has approximately 1,300' of frontage facing Veterans Parkway. The rear 2+/- minus acres of the site is currently having the land use changed to commercial. The seller has a proposed Defender Canal vacation plan to fill this canal and utilize the entire site or a developer can utilize the waterfront in the site plan. The seller has a preliminary site plan with 4 out parcels that could hold approximately 17,096 SF of retail, bank, or restaurant uses along with a proposed retail plaza containing approximately 127,748 SF of retail space. The site has a shared access driveway in place off of Veterans Parkway. City water, sewer, and irrigation available. Buyer to assume assessment balances at closing. Call Jack Britton, CCIM at (239) 851-2090 with any questions.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 35-44-23-C2-01873.0150
Zoning: C-1
Property Located Between: North side of Veterans Parkway between Santa Barbara Bl. and Skyline Bl.
Property Visibility: Good
Largest Nearby Street: Veterans Parkway
Feet of Frontage: 1,300
Highway Access: Shared driveway access with Lowes off of Veterans Parkway
Site Description: 15+/- acre commercial development site
Area Description: Central Cape Coral business hub.
Lot Frontage: 1300
Lot Depth: 888
Zoning Description: C-1 commercial
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: 9,042 80,856 153,297
Median Age: 40.15 43.85 45
Households: 3,353 32,487 63,297


Photograph of Listing Agent

Jack Britton, CCIM

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