$1,800,000

Location! The perfect property with 3.4 acres in a high traffic location accessible from 3 streets. Latest daily traffic count 2024/2025 for the main road (Chiquita S) is 29,800 and GROWING! 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. Nearby a 2nd full service hospital is to start construction in 2027, which will greatly increase demand for professional office space. SwFL has been named one of the top performing mid-sized office markets in the USA. This property is one of the few remaining commercial 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 Super Walmart (in permitting) 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! Lee Health also recently bought nearby acreage to build a huge medical complex. Traffic from nearby businesses must drive by on front, back, and side roads to reach Pine Island Rd or Chiquita Blvd, as the City has restricted access to the rear of their businesses on Pine Island Rd and Chiquita Blvd. Plus 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. Lot dimensions are approximate and should not be considered accurate. City offers economic incentives and grants at www.capecoral.gov/departments/office_of_economic_business_development/business_assistance/incentives.php.