Development Opportunity Located West of US 41 on Pine Island Rd

Vacant Land for Sale
Catylist Listing ID: 30752009
Property Subtypes: Hospitality, Industrial, Office, Retail, Retail-Pad, Other
Gross Land Area: 4.05 Acres
Sale Price: $2,200,000
Unit Price: $543,209 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/8/2021

Overview / Comments

4+/- Acre Development Opportunity Located West of US 41 & Pine Island Rd (SR 78) in Cape Coral FL, just 5 minutes from Downtown Fort Myers. Positioned in front of 1170 planned residential units and next to Race Trac gas station, just West of the Judd Creek Blvd traffic light. The property is zoned Commercial Corridor (CC). This district is established to implement the recommendations of the Pine Island Road Master Plan & to promote such uses as retail, office, limited warehouse, light manufacturing & large-scale commercial retail uses. The site is across the street from Merchants Crossing Shopping Center that includes Home Depot, Mc Donald’s, Dunkin Donuts, Wells Fargo and SunTrust. Close by the new state-of-the-art Lee County VA Healthcare Center which serves 1,000 veterans daily. Excellent visibility with frontage on Busy Pine Island RD with over 45,000 cars daily & 524 feet of frontage on Pine Island Road (SR 78)

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 034424C11890D001A
Zoning: CORR/VACANT COMMERCIAL
Property Located Between: US 41 & Pondella Road
Property Visibility: Excellent
Legal Description: JUDD CREEK PRESERVE TR 1,6 + 7 REPLAT AS DESC IN INST# 2015000097287 BLK 8090D TR 1A
Largest Nearby Street: Pine Island Road and US 41
Feet of Frontage: 524
Traffic/Vehicle Count: 4,500
Airports: 20 miles to RSW, 19 miles to Charlotte County Airport
Area Description: The site is across the street from Merchants Crossing Shopping Center that includes Home Depot, Mc Donald’s, Dunkin Donuts, Wells Fargo and SunTrust. Close by the new state-of-the-art Lee County VA Healthcare Center which serves 1,000 veterans daily.
Lot Frontage: 524
Lot Depth: 260, 191
Zoning Description: 10-Vacant Commercial, The property is zoned Commercial Corridor (CC).
Easements Description: See survey
Available Utilities: Electric, Water, Sewer
Water Service: Municipal, None
Sewer Type: Municipal, None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,121 54,771 135,168
Median Age: 46.77 47.15 42.9
Households: 2,949 24,038 55,531

Contact

Photograph of Listing Agent

Jacklyn Rogers

Re/Max Trend
SWFLCA Member
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