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525 Chiquita Blvd S - 525/531 CHIQUITA BLVD S

1.95 Acres of Commercial Land Offered at $1,099,000 in Cape Coral, FL 33991

Executive Summary

Seller Financing available with 500K down, 9% interest only and balloon in 3-5 Years. Commercial Corridor Zoning in place. Don’t miss this opportunity located Northeast of Pine Island Road (SR 78) and Chiquita Parkway. The property is zoned Commercial Corridor (CC) with multiple uses allowed. Future land use is Pine Island Road District. The Property Owners have worked with Avalon Engineering for shovel ready plans for two Flex Warehouse buildings on 1.95 acres. Building A features 11,976 sq ft building with 8 rentable units and Building B features 10,487 sq ft building with 7 rentable units. 4 Units are 1521 sq ft and the remaining 11 units are 1489 sq ft. Pine Island Road is the city’s northernmost relevant east/west arterial. With over 3500 multifamily units approved along the corridor and multiple large scale commercial developments under construction this location is ideal for anyone looking to develop.

Attachments

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Property Facts

Price $1,099,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 1.95 AC

1 Lot Available

Lot

Price $1,099,000
Price Per AC $563,590
Lot Size 1.95 AC

Description

Commercial Corridor Zoning in place. Don’t miss this opportunity located Northeast of Pine Island Road (SR 78) and Chiquita Parkway. The property is zoned Commercial Corridor (CC) with multiple uses allowed. Future land use is Pine Island Road District. The Property Owners have worked with Avalon Engineering for shovel ready plans for two Flex Warehouse buildings on 1.95 acres. Building A features 11,976 sq ft building with 8 rentable units and Building B features 10,487 sq ft building with 7 rentable units. 4 Units are 1521 sq ft and the remaining 11 units are 1489 sq ft. Pine Island Road is the city’s northernmost relevant east/west arterial. With over 3500 multifamily units approved along the corridor and multiple large scale commercial developments under construction this location is ideal for anyone looking to develop.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-44-23-C4-03662.0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$158,359

zoning

Zoning Code CORR (The property is zoned Commercial Corridor (CC) with multiple uses allowed.)
CORR (The property is zoned Commercial Corridor (CC) with multiple uses allowed.)
  • Listing ID: 31608479

  • Date on Market: 4/25/2024

  • Last Updated:

  • Address: 525 Chiquita Blvd S, Cape Coral, FL 33991

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