4550 BURNT STORE ROAD N

CAPE CORAL, FL, 33993

$5,500,000

$5,500,000
Active
Active
 - For Sale
property_type
Land
Calling all Investors! This 12.5 acres parcel zoned (CP) commercial is located in the City of Cape Coral, Fl - U.S.A in Lee County borderline with Charlotte County. This site is 50,965 S.F , 420' of Frontage and 1214' deep and is currently serviced by utilities coming from Charlotte County which will hookup to during the development process. A Motor home/RV Park will be opening soon 90 acres of land with 900 lots . This is a Perfect opportunity for a Supermarket, Mini Mart , Medical Clinic, Educational Facility, Religious Institution, Restaurant . Cape Coral, Florida is one of the fastest growing cities in the U.S.A experiencing a 2 percent growth rate annually, currently 8th Largest City in State of Florida with nearly 200,000 residents. Largest city located between Miami and Tampa. Burnt Store Road - the Future for Economic Development. The Burnt Store Road Corridor extending approximately 8 miles northward from Pine Island Road to the Charlotte County line represents the future of economic development in the Cape. Per survey done by owner property size is 12.5 acres. Owner may consider financing
MLS® ID:
A4516385
Listed:
10/26/21
Updated:
3/30/23
Sotheby's International Realty
Rich Taylor

Exterior/Building Features

Lot Size
9.22 acres lot
Sewer
Septic Needed

Other Property Details

Area Name
33993 - Cape Coral
Taxes
$3227.09
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Lee
Utilities
Other
Water Source
Well Required
Pool
No
Zoning
R1A
Buyer Agency Compensation
$65000
Transaction Broker Compensation
$65000

Property History

Date
Event
Price
Value
5/6/22
Price Change
$2,800,000
-13%
7/6/22
Price Change
$3,000,000
107%
9/26/22
Price Change
$3,250,000
108%
12/1/22
Price Change
$4,150,000
127%
1/20/23
Price Change
$5,500,000
132%

Courtesy of LPT REALTY, Katia PA,
Listing Contact: 877-366-2213 

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Data last updated 3/30/23, 8:00 PM UTC

Sotheby's International Realty
Rich Taylor
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