Listed by TMT Real Estate, Luxury Level Realty Group, LLC.
$2,900,000
Cape Coral
Details
APN 10068204
Property Type Land, Mixed Use
Sub Type Commercial
Broker Co-Op Yes
Acreage 1.470
Zoning Commercial
Rare entitlement-advantaged development opportunity in the rapidly growing Cape Coral
Marketing description
Rare entitlement-advantaged development opportunity in the rapidly growing Cape Coral market. This 50,000 SF multi-parcel commercial land assemblage is currently in active municipal entitlement review for a proposed 100-bed Assisted Living Facility (ALF), representing a significant advancement beyond typical raw land offerings.
The proposed development concept includes a four-story senior housing facility with structured parking, demonstrating strong feasibility for institutional use. Architectural plans, preliminary site layout, parking configuration, and zoning analysis have been completed and submitted to the City, substantially reducing development timeline and entitlement risk for a future buyer.
Strategically located just south of Pine Island Road one of Cape Coral’s primary commercial corridors the property benefits from proximity to established residential neighborhoods, medical offices, and professional services, supporting strong long-term demand for senior housing and healthcare-related development.
This offering presents a compelling opportunity for developers, healthcare investors, and senior housing operators to acquire a site with meaningful pre-development progress already completed. Ownership is open to evaluating either an outright sale or potential joint venture structures with qualified development partners.
Investment highlights
• ±50,000 SF (±1.15 acres) multi-parcel commercial land assemblage
• Zoned CC – Commercial Corridor (Cape Coral)
• Proposed 100-bed, 4-story Assisted Living Facility
• Architectural plans and preliminary site layout completed
• Currently in active municipal entitlement review
• Significant pre-development work completed, reducing timeline and risk
• Strong location just south of Pine Island Road commercial corridor
• Surrounded by established residential and medical demand drivers
• Suitable for senior housing, medical, institutional, or professional uses
• Ownership open to outright sale or potential joint venture opportunity
Listing Contacts
Listed by TMT Real Estate, Luxury Level Realty Group, LLC.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?







