• MLS® #: 220029439
  • 1111 Sw Pine Island Rd

  • CAPE CORAL, FL 33991
  • $2,495,000
  • 6.94 Acres
  • Land
  • Office: Island Harbor Realty Inc

This Property portfolio includes four contiguous out Parcels and Commercial lots totaling 6.94 acres with 880' of frontage on Pine Island Road (Florida State Rt 78). These parcels are in a fully developed commercial center, The Shops at Cape Crossing. All utilities set at each lot, lighted parking spaces, mature landscaping with entrances to Pine Island Road in the front and Ceitus Terrace in the back. The site work was completed at a cost of $6.00 a sq ft which puts the raw land value at way below the current market. The zoning for these parcels is The Pine Island Road Corridor, with high traffic commercial use including restaurants, hotel, retail, professional offices, self storage etc. This location, in the center of Cape Coral, is within a 15 minute drive of a 181,096 population with an average house income of $71,900. Rare Opportunity.

Essential Information

  • MLS® #220029439
  • Price$2,495,000
  • Bathrooms0.00
  • Acres6.94
  • TypeLand
  • Sub-TypeCommercial
  • StatusActive
  • HOA Fee$11,357
  • HOA FrequencyQuarterly
  • Master HOA Fee$0
  • Condo Fee$0
  • Taxes$2,928
  • Tax Year2019

Community Information

Area

CC41 - Cape Coral Unit 37,48,49

Amenities

  • AmenitiesNone
  • FeaturesSee Remarks
  • ViewCity
  • WaterfrontNone

Utilities

Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Exterior

  • Lot DescriptionSee Remarks

Additional Information

  • Date ListedMay 6th, 2020
  • Days on Market28

Property Location

Please provide a valid email address.

The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on June 2nd, 2020 at 11:11pm EDT.