1809 10Th Ter Cape Coral, FL 33909

This exceptional Cape Coral, Florida development opportunity, located at 1809 NE 10th Terrace, Lee County, offers a fully entitled, shovel-ready project. The 1.93-acre site is zoned for commercial use and features four existing buildings totaling 1,004 square feet. Each of the single-story units boasts 1,003 square feet, ideal for luxury automotive storage, RVs, or boats. High-end features include impact-resistant windows and doors, electric roll-up garage doors, ADA-compliant bathrooms, optional mezzanine living areas, advanced fire safety systems, and comprehensive security. The property's 18-foot ceilings add to its appeal. The asking price is $995,950, with a price per square foot of $991.98. High demand for luxury automotive storage in this vibrant community makes this a compelling investment. All necessary entitlements are in place, allowing for immediate development commencement. The property's current lease expires November 19, 2024, leaving a remaining lease term of approximately 0.5 years. This is a rare opportunity to capitalize on the strong market demand for premium storage solutions in Cape Coral. The property is classified as Class A commercial land.