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PONDELLA ROAD,
Cape Coral, FL 33909

Land For Sale · 1.10 AC

Investment Highlights

  • ZONED RESIDENTIAL,BEING REZONED TO COMMERCIAL WITHIN A SHORT TIME
  • APPROXIMATELY 200 FEET OF DEPTH
  • ABOUT 1/2 MILE EAST OF THE TARGET CENTER AND LEE HEALTH
  • APPROXIMTELY 300 FEET OF FRONTAGE
  • ROUGHLY 1.1 ACRES IN TOTAL

Executive Summary

SIX OVERSIZED LOTS FRONTING ON PONDELLA ROAD ANNEXED INTO THE CITY OF CAPE CORAL FROM THE COUNTY OF LEE. BY DOING THIS, CITY WATER IS AVAILABLE, THERE ARE TWO HYDRANTS ON SITE NOW. CITY SEWER IS ON THE NORTH SIDE OF PONDELLA THAT SERVICES THE APPARTMENTS. REASONABLE PRICE POINT AT $8.00 PER SQ. FT. (UNHEARD OF FOR COMMECIAL ZONED PROPERTY WITH HIGH TRAFFIC FRONTAGE.) CURRENTLY IN PROCESS OF BEING ZONED TO COMMERCIAL (C1) WHICH OFFERS A MULTITUDE OF BUSINESS USES....... SELLER WILL CONTRACT SUBJECT TO THE ZONING BEING COMMERCIAL AT CLOSING.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Storefront
  • Strip Centre
Total Lot Size 1.10 AC
Opportunity Zone Yes

1 Lot Available

Lot 1,2,14,15,

Price $519,483 CAD
Price Per AC $472,257 CAD
Lot Size 1.10 AC

A TOTAL OF 6 OVERSIZED LOTS TOTALING ABOUT 1.1 ACRES. THE ADDRESSES ARE: 1205, 1206, 1211, & 1212 PINE LAKE DRIVE. ALSO, 1206 & 1212 WESTWOOD DR. ABOUT 300' FRONTAGE ON PONDELLA RD. CAPE CORAL, FL. LOTS 1,2,20, 21, 14 & 15 PONDELLA HEIGHTS UNIT 2

Description

SIX OVERSIZED RESIDENTIAL LOTS FRONTING ON PONDELLA ROAD, CAPE CORAL, FL. RECENTLY ANNEXED INTO THE CITY OF CAPE CORAL AND IN PROCESS OF BEING REZONED TO COMMERCIAL, C-1 WHICH OFFERS A MULTITUDE OF BUSINESS USES. THERE ARE TWO HYDRANTS ON SITE NOW, SO THE POSSIBILITY IS THERE FOR CITY WATER. THE HIGHEST AND BEST USE IS COMMERCIAL. THE SELLER, WILL GO TO CONTRACT WITH THOSE CONDITIONS AS A REQUIREMENT BY BUYER AND CLOSE IN A REASONABLE TIME THEREAFTER.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 08-44-24-C2-02003.0150
  • 08-44-24-C2-02003.0140
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$166,403 CAD

zoning

Zoning Code COMMERCIAL, C-1 (COMMERCIAL ZOING IN PROCESS AND TO BE COMPLETED WITH THE CITY OF CAPE CORAL FALL OF 2024. C-1 OFFEERS A MULTITUED OF BUSINESS USES. CONTACT THE CITY.)
COMMERCIAL, C-1 (COMMERCIAL ZOING IN PROCESS AND TO BE COMPLETED WITH THE CITY OF CAPE CORAL FALL OF 2024. C-1 OFFEERS A MULTITUED OF BUSINESS USES. CONTACT THE CITY.)
  • Listing ID: 25530984

  • Date on Market: 2022-04-22

  • Last Updated:

  • Address: PONDELLA ROAD,, Cape Coral, FL 33909

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