For Sale
$4,200,000

2810 Pine Island RdCape Coral, FL 33991

22.74 Acres, AG-2 Zoning, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 22.74-acre agricultural property in Cape Coral, Florida, offers a unique investment opportunity. Located on SW Pine Island Road, this land boasts an AG-2 zoning designation and is classified as "Rural" in Lee County's Future Land Use plan. The property comprises two parcels, one measuring 18.19 acres and the other 4.55 acres, providing flexibility for potential development. The high-traffic location, with an annual average daily traffic count of 22,500 vehicles on Pine Island Road (FDOT, 2022), presents significant commercial frontage potential. Pine Island Road serves as a primary access route to Pine Island, and development along this road is among the newest in Cape Coral. This location offers investors stability and potential future development paths, making it an attractive asset in the rapidly growing southwest Cape Coral area. The property's limited commercial frontage and barriers to entry further enhance its investment appeal. The asking price for this remarkable property is $4,200,000. The zip code is 33991, and the property is situated in Lee County.

Highlights

  • High-traffic location: Two parcels fronting SW Pine Island Road, boasting an AADT of 22,500 (FDOT 2022).
  • Prime access & visibility: Situated on Cape Coral's key east/west arterial, providing primary access to Pine Island.
  • New development area: Located within a recently developed section of Cape Coral.

Property Details for 2810 Pine Island Rd

Property type
Land, Farms
Lot Size (sq. ft)
990,554 SF

Location Insight

City
Cape Coral
County
Lee
State
Florida
Latitude
26.635501
Longitude
-82.032792
2810 Pine Island Rd, Cape Coral, Florida

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2810 Pine Island Rd
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