Development approved for Storage units

Vacant Land for Sale
Catylist Listing ID: 30409736
Property Subtypes: Industrial, Self Storage
Gross Land Area: 1.50 Acres
Sale Price: $795,000
Unit Price: $530,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/18/2019

Overview / Comments

1.5 acres of Commercial Land, approved for 16 Storage Condominiums.

This parcel is located behind Miller's Ale House off of Colonial Blvd. The approvals
are for 4 pads that house 16 units. The owner has building plans, 75% complete,
for the 16 units. Dimension of units are 25' by 55', totaling 1375 sq ft of air
conditioned space. The site is fully entitled for the infrastructure & a full set of
building plans will be available by the completion of the sale.

Attachments & Media

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 31-44-25-P4-00100.0090
Property Visibility: Fair
Largest Nearby Street: Colonial Blvd
Site Description: Level & Cleared
Development Name: CI
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,892 64,849 144,338
Median Age: 37.02 39.36 43.89
Households: 5,525 27,297 62,738

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