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2810 & 2850 SW Pine Island Road 22.74 Acres of Commercial Land Offered at $4,200,000 in Cape Coral, FL 33991

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PROPERTY FACTS Under Contract

Price $4,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 22.74 AC
Zoning AG-2 - Agricultural

1 LOT AVAILABLE

Lot

Price $4,200,000
Price Per AC $184,696.57
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.

  • Listing ID: 30069010

  • Date on Market: 11/15/2023

  • Last Updated:

  • Address: 2810 & 2850 SW Pine Island Road, Cape Coral, FL 33991

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