Cape Coral - Beach Property For Sale #7191250

Location! The perfect property with 3.4 acres in a high traffic location accessible from 3 streets. Though zoned as professional commercial, residential multifamily uses are possible under the Live Local Act, which relates to affordable housing in multifamily developments. City Utilities are available at site. SwFL has been named one of the top performing mid-sized office markets in the USA. This property is one of the few remaining properties in this section of the Pine Island RD area. HUGE property of 3.44 acres! Location! High traffic area plus nearby are many new commercial businesses Aldi's, Bob Evans Restaurant, Farmer Joe's Market, US Post Office, Daybreak Market/Gas, 7, ABC Liquor, 7-11, and several strip malls whose access exits right by this property. Plus several chain restaurants, and more businesses are planned! A Super Walmart is in permitting now nearby. Plus Lee Health is to build a huge complex with all medical services except overnight stays. Traffic from nearby businesses must drive by on front, back, and side roads drives by this site to reach Pine Island Rd or Chiquita Blvd, as City restricted access to the rear of their businesses. Plus this parcel has huge traffic from heavily traveled Chiquita Blvd, a major north-south corridor and plans are being made to widen both Pine Island Rd & Chiquita Blvd to 6 lanes total. Local population is BOOMING! Cape Coral population to double in the next decade to 400,000 residents, plus nearby Punta Gorda has several new residential developments planned that will come to Cape Coral because of its proximity! A missing parcel in the back side of the parcel is also available from a different owner, or instead build around. City offer economic incentives and grants.