Details
This is s 2-lot parcel in Block 2300A. The owner is also selling a 3-lot parcel (two parcels down). The dimensions of the 2-lot parcel is 50x125 and the 3-lot parcel is 75x125. The properties are located on a platted alley right-of-way, which is why they currently don’t have an address. The properties are zoned Commercial with a Commercial/Professional future land use classification. The properties are located on the east side of a City-owned parcel (marked with a RED X in the aerial picture attached). This is a deed-restricted parcel for use as a parking lot, by the abutting properties. City regulations require the property owners to develop the parcel. It could be several years before this location develops with any commercial development along this site, however this is a great opportunity to invest and hold onto it until then! Located in NE corridor of Cape Coral, close to lots of shopping and restaurants. This is a great time to add this investment to your portfolio!