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2810 & 2850 SW Pine Island Road
22.74 Acres of Commercial Land Offered at $5,953,374 CAD in Cape Coral, FL 33991
Property Facts
Price | $5,953,374 CAD | Property Type | Land |
Sale Type | Investment | Property Subtype | Commercial |
No. Lots | 1 | Total Lot Size | 22.74 AC |
Price | $5,953,374 CAD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 22.74 AC |
1 Lot Available
Lot
Price | $5,953,374 CAD | Lot Size | 22.74 AC |
Price Per AC | $261,802 CAD |
Price | $5,953,374 CAD |
Price Per AC | $261,802 CAD |
Lot Size | 22.74 AC |
The larger parcel has an area of 18.19 acres, while the smaller parcel covers 4.55 acres. Lee County has designated the parcels as AG-2 - Agricultural and identified them as being “Rural” lands in Lee County’s Future Land Use.
Description
Colliers, as the exclusive advisor to the owners, is pleased to announce the sale of two (2) parcels of land located along SW Pine Island Road in the Cape Coral area of Lee County. The larger parcel has an area of 18.19 acres, while the smaller parcel covers 4.55 acres. Lee County has designated the parcels as AG-2 - Agricultural and identified them as being “Rural” lands in Lee County’s Future Land Use. This is an exceptional opportunity to purchase an asset in fast-growing SW Cape Coral. The limited commercial frontage asset and barriers to entry in this submarket provide a solid foundation for investors seeking stability and paths for future development. The two (2) parcels are located directly off of SW Pine Island Road, which has an annual average daily traffic count (AADT) of 22,500 (FDOT, 2022). Pine Island Road is the city’s northernmost relevant east/west arterial and is the primary access road to nearby Pine Island. Development along Pine Island Road is some of the newest in the Cape Coral area.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 CAD | |
Land Assessment | $5,565,572 CAD | Total Assessment | $5,566,275 CAD |
PROPERTY TAXES
zoning
Zoning Code | AG-2 (Agricultural) |
AG-2 (Agricultural) |
Presented by
2810 & 2850 SW Pine Island Road
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