1015-1055 Hancock Creek S blvd - Commercial LAND FOR SALE


Cape Coral, FL 33909- Hancock284,882 SF
$2,600,000 USD
772-286-5744
1015-1055 Hancock Creek S blvd, Cape Coral, FL for Sale
$2,600,000 USD
Commercial LAND - FOR SALE
1/6
284,882 SF

1015-1055 Hancock Creek S blvd
Cape Coral, FL 33909
Hancock


HIGHLIGHTS

  • Shovel-ready multifamily development
  • Site plan approved for 7 buildings / 84 units
  • Surrounded by residential growth and new commercial development
  • Strong rental demand and favorable demographic trends
  • Ideal for investors or builders seeking a turnkey development site

OVERVIEW

JOINT VENTURE & OWNER FINANCING AVAILABLE 7 vacant parcels with completed sitework, infrastructure and parking. Vacant parcels are SITE PLAN APPROVED for 7 buildings with a 84-unit capacity. There’s also an additional +/- 3 acre developable land inclusive with the sale. The property is situated 10 minutes from beautiful Downtown Ft. Myers and a short ride to area beaches. It’s also in close proximity to golf clubs, shopping centers, and restaurants. These parcels are situated in an opportunity zone that provides attractive tax incentives. The Opportunity Zones Enhancement Act of 2024 encourages tax-paying banks to boost lending in communities within Opportunity Zones. This not only reduces borrowing expenses for businesses, empowering them to flourish, but also allows banks to meet their Community Reinvestment Act (CRA) requirements, as highlighted on Barr.house.gov. Furthermore, upcoming projects stand to gain advantages from the LIVE LOCAL ACT, which provides reduced rates for developers, establishes government partnerships, and extends incentives for down payments as well as assistance with closing costs for buyers.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/ACRE

$397,554/AC

PRICE/SF

$9 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Pine Key Multifamily Shovel-Ready Lots

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo

LAND ACRES

6.54 AC

LAND SF

284,882 SF

OFFSITE IMPROVEMENTS

-

ZONING

CC

APN/PARCEL ID

04-44-24-C4-01132-A000,04-44-24-C4-01133-A000

ASK ABOUT THIS PROPERTY

Jaime' OldenborgJeremiah Baron & Co Commercial Real Estate, LLCMore Info
772-286-5744

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Jaime' OldenborgJeremiah Baron & Co Commercial Real Estate, LLCMore Info
772-286-5744

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.