Price Reduction from $7,500,000. to $6,860,000.
Terms: Cash or 30% down with interest only for 3 to 5 years. Seller will be creative for the right buyer ie possible rolling options.
Will Divide: Seller will cut off part or all of the multi-family land and keep the commercial or vice versa.
Site: Southwest Corner of Old Burnt Store Road and Kismet Parkway
Zoning: Neighborhood Commercial allows for Multi-Family and or Commercial Development plus many other uses.
Density: 238 units up to 16 units per acre.
Utilities: North 3 as per completion of City utilities 2025.
Location: This is a prime location on the corner of Kismet Parkway and Old Burnt Store Road.
Acreage: 17 acres intact. Large parcels in Cape Coral are very hard to come by due to having to assemble many lots to accomplish this large of a site.