Veterans Plaza Phase III is the large commercial parcel just west of Lowes. The site is 15+/- acres total consisting of 50 individual parcels and it is the last large developmental parcel available in this busy central Cape Coral commercial hub. Approximately 13 acres with 1,300' of frontage is currently zoned commercial with the rear of the site currently zoned residential. The seller has a proposed Defender Canal vacation plan which combined with the re-zoning of the residential sites on SW 24TH Street would utilize the entire 15 acres. Seller has preliminary site plans for the entire 15 acres that shows 4 out parcels that could hold approximately 17,096 SF of retail, bank, or restaurant space along with a proposed 6 unit retail plaza of approximately 127,748 SF of space. City water, sewer, and irrigation are available. Buyer to assume assessment balances at closing.
Listing courtesy of Professional Realty.
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