Cape Coral, FL Shovel Ready Self-Storage Development
Fully Entitled, Permit-Ready Self-Storage Development Site
Marketing description
This offering presents an opportunity to acquire a fully entitled, permit-ready self-storage development site in Cape Coral. The project is approved for a 3-story, climate-controlled facility totaling approximately 87,000 GSF | 67,750 RSF with 681 units, designed to meet growing demand in the surrounding submarket.
The site offers direct frontage along Santa Barbara Boulevard with ±16,100 cars per day and is positioned within the heart of the residential corridor of the Mariner neighborhoods featuring canal-front properties. The immediate area includes approximately 60,000 residents with an average household income of $103,000 within 3 miles. Additionally, the area continues to see residential expansion, supported by over 3,600 new residential units with a mix of single and multi-family developments nearby.
Located in proximity to several shopping corridors, the property also benefits from convenient access to major retailers and daily amenities. With no self-storage competition within a two-mile radius and fully approved plans with active permits, the project offers a true shovel-ready opportunity.
Investment highlights
- Fully Entitled, Permit-Ready Self-Storage Development Site on 2 acres in Cape Coral, Florida
- Approved for a 3-Story, 87,000 GSF | 67,750 RSF Facility featuring 681 climate-controlled units
- Direct Frontage on Santa Barbara Blvd with 16,100 vehicles per day
- No existing self-storage facilities within a 2-mile radius
- Strong residential density with approximately 60,000 residents and Average Household Income of $103,000 within a 3-mile radius
- Strategically located within an established and growing neighborhood including canal-front communities throughout the Mariner submarket
- Significant Growth Pipeline with over 3,600 residential units including many apartment units in various stages of development nearby
- Proximity to Major Retail Corridors, providing convenient access to national retailers and daily amenities like Walmart, Sam’s Club, and Dollar General
- Shovel-Ready Opportunity includes full site plan approvals, construction drawings and active permits ready for pickup
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