Technical
Financial
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Property profile

2810 SW Pine Island Rd Cape Coral, FL 33991

FOR SALE
Land
Property ID
US18-2191169
22.74 ac lot
Entity Owned 1-yr Hold
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2810 SW Pine Island Rd, Cape Coral, FL 33991 For Sale
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2810 SW Pine Island Rd, Cape Coral, FL 33991
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 22.74 ac (990,554 SF)
UPID US18-2191169

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping

Location

2810 SW Pine Island Rd Cape Coral, FL 33991
Cape Coral metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2021
$2.8M
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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