BANK OWNED 1.65± SF COMMERCIAL LAND PARCEL | SANTA BARBARA BLVD. NEAR VETERANS PKWY.

SOLD! The subject property is located in the middle of a once rapidly growing area both demographically and economically.  The immediate market area is in the development stage of its life cycle.  Development consisting of build-to-suit properties such as Walgreens, Family Dollar, Verizon, DQ Grill & Chill, and RaceTac all have commenced over the past year.  The parcel is also on a canal offering Gulf Access.  It would make an ideal location for commercial office, retail center or restaurant.  It is priced aggressively to sell at $6.25± PSF.

Zoned:  C1 (Pedestrian Commercial) City of Cape Coral

The property is located just south of the intersection of Veterans Pkwy. and Santa Barbara Blvd. The intersection is improved with a power center anchored by Publix, Super Target, and Lowe's Home Improvement Center on the northwest corner and retail strip centers along the southwest corner and northeast corner. The southeast corner is currently owned by the City of Cape Coral. Cape Coral High School is located just north of the power center along the west side of Santa Barbara Blvd. In the immediate vicinity of the property, land uses include a mix of commercial and residential and is bordered by commercial to the north and northwest, residential to the south and east, and vacant commercial land to the west.