Great Development Opportunity 17 Acres NW Cape Coral

Investment Overview

Great development opportunity for commercial, multifamily, and/or mixed-use development. Largest development parcel along Old Burnt Store Rd, adjacent to a luxury residential boating community. Property is zoned Neighborhood Commercial (NC) , and Commercial Activity Center (CAC) future land use district. The range of commercial uses are permitted, including retail, office, hotels, etc. at a 1 FAR. Multifamily is permitted at 16 du/acre. Mixed-use and compound buildings are permitted. City utilities including public water, sewer, and irrigation scheduled for 2028. Roadway improvements including a roundabout at Kismet Pkwy and Old Burnt Store Rd are planned for this area. City has included in this planning for four curb cuts for the property, the construction of sidewalks, and stub outs for utilities to serve the property. Growing luxury boating community, average household income $105,000 within a 1 mile radius. Population within a 5-mile radius is 55,000. Seller financing available for qualified buyers. Information available including survey and environmental assessment.

Investment Highlights

• Great commercial, multifamily and/or mixed-use development opportunity on largest parcel along Old Burnt Store Rd. 1 FAR commercial and up to 16 du/acre.
• Seller financing available for qualified buyers.
• City utilities planned for 2028.