CAPE CORAL, FL 33909
$779,000
Pine Island Road is one of the corridor's fastest-growing commercial arteries, with new retail, service, and mixed-use development pushing traffic counts and visibility higher year over year. Block 2001 includes Lots 20-27 all combined into one parcel totaling 31,184 sq ft. The parcel is bordered by city-owned land designated as a public parking lot, offering a rare opportunity to effectively extend a project's usable footprint without acquiring additional acreage. This can ease on-site parking requirements and support a larger building envelope than the lot size alone would typically allow — a meaningful advantage for retail, restaurant, or mixed-use concepts where parking ratios often limit density. City water is already in place.
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Listed by Joella Consolazio, Properties in Paradise Real Estate, LLC