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    802 Larch Rd Cape Coral, FL 33993

    For Sale
    $4,750,000

    10-Acre Commercial Lot in Cape Coral, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10-acre commercial land parcel presents a remarkable investment opportunity in Northwest Cape Coral, Florida. Located just north of the bustling Pine Island Road corridor, this property enjoys unparalleled access to major thoroughfares, connecting seamlessly to Pine Island and Interstate 75. The strategic location within the heart of Cape Coral provides easy access to a wealth of shopping, dining, and entertainment options. Pine Island Road serves as a primary east-west artery, while intersecting north-south roadways like Del Prado Boulevard and US 41 further enhance connectivity. Zoned Neighborhood Commercial (NC), this versatile land allows for mixed-use development potential, with estimates suggesting the possibility of up to 16 or more units per acre. Utilities are conveniently located on-site, simplifying development plans. The property's adjacency to the planned Ember Lakes development adds to its long-term growth potential, making it an ideal location for a variety of commercial ventures. The asking price for this prime commercial land is $4,750,000. This 802 Larch Rd, Cape Coral, FL 33993 property offers a unique blend of location, zoning, and development potential, making it a highly attractive investment in a rapidly growing area. The 10-acre lot size provides ample space for a large-scale project, while the existing infrastructure and convenient access to major roadways ensure ease of development and operation.

    Property Features for 802 Larch Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • Neighborhood Commercial (NC) zoning with mixed‑use potential.
    • High‑density potential: up to 16 units per acre.
    • All utilities available on‑site.
    • Excellent location adjacent to the planned Ember Lakes Development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.991
    Latitude
    26.657073

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    FAQs

    What type of property is this?
    Land - 10-Acre Commercial Lot in Cape Coral, FL
    Where is this land located?
    The property is located at 802 Larch Rd Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $4,750,000.
    What are key features of this property?
    This property features: Neighborhood Commercial (NC) zoning with mixed-use potential.; High-density potential: up to 16 units per acre.; All utilities available on-site.
    Request Owner's contact information
    802 Larch Rd Cape Coral, FL 33993
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    802 Larch Rd Cape Coral, FL 33993
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