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Property profile & analytics
FOR SALE
Commercial real estate

2810 SW Pine Island Rd Cape Coral, FL 33991

22.74 ac lot
Entity Owned 1-yr Hold
Property ID
US18-2191169
2810 SW Pine Island Rd, Cape Coral, FL 33991 For Sale
$4,200,000
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 Commercial real estate
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Elite Arborist Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lee Health System INC · 1 yrs held
Lee Health System INC
since 2024
3 recorded transactions
2024
Price N/A
2021
$2.8M
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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