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2099 Diplomat Parkway E
Cape Coral, FL 33909
Land For Sale · 2.58 AC

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INVESTMENT HIGHLIGHTS

  • Zoned for commercial use, on a main roadway with easy access to all of Cape Coral, US 41, and I-75.
  • Close proximity to the VA Clinic.

EXECUTIVE SUMMARY

The property is located in an area of Cape Coral known as North 1 East UEP (Utility Extension Project). Construction of water, sewer, and irrigation water is slated to begin in the fall of 2025. The city has begun with the bidding process in North 1 East.
The property borders on an undeveloped City owned parking parcel along the north side of Diplomat Pkwy, east of Del Prado Blvd. While it is not a well know fact, the City is open to the development of this 17 acre property. In March and April I've had the pleasure of meeting with the City of Cape Coral Property Broker, the City Housing Coordinator, as well as the Planning Team Coordinator. All seem to be in support of the development of this property, especially with the idea of "Workforce Housing." For questions related to any Utilities Extension Project, please call 1-833-227-3837 (833-CAPE-UEP).
Property is located within a half mile of the VA clinic, the US Army Reserve Training Center, as well as the upcoming Victory Park, development, by Blue Waters Development Group, LLC. https://bluewatersdg.com/properties/victory-park/
A recent press release:
Cape Coral City Council unanimously approved Aug. 16 the Victory Park Community Development District. The site is about 137 acres bounded by Northeast 24th Avenue and Corbett Road. The proposed development includes a 125-room hotel, 308 garden–style apartments, 112 townhouses and 228,000 square feet of post-secondary education. On top of that, 568,040 square feet of commercial/office use, 25,800 square feet of retail and 264,000 square feet of light industrial is part of the proposed development. The proposed infrastructure improvements for the district are estimated to cost $37 million and will likely be funded through the district’s issuance of long-term bond debt.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 2.58 AC
Zoning C-1 - Commercial

1 LOT AVAILABLE

Lot 1-24+

Price $657,577 CAD
Price Per AC $254,613.87 CAD
Lot Size 2.58 AC

This is an assembly of lots that include Lots 1-24 of Block 2216 and Lots 33 - 37 of Block 2215. Many additional lots are available. Contact listing agent for further details.

DESCRIPTION

The address showing is the address of only one of the listed properties and is used for MLS purposes only. There are a total of 29 lots involved in this listing. A total of approximately 112,500 Sq. Ft. Please open the spreadsheet that is in the uploaded documents to view all the properties involved. Some have actual street addresses while the majority show as "access undetermined" See also the uploaded plat. The sellers do not wish to split this property up in any way. Seller is motivated!!! This property is located adjacent to a city owned 17 acre parcel that is known to most as "City Parking." This property has the potential to be developed as a workforce housing / multi-family site. Please refer to the Florida Senate Bill 102 "Live Local Act." To view the North 1 UEP map please cut and paste the following into your browser: https://cms4files.revize.com/capecoralfl/UEP/North%201/UEP-N1-Contracts%20Updated%2011-30-2022.pdf.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-43-24-C3-02216.0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$15,374 CAD
  • Listing ID: 29548409

  • Date on Market: 2023-09-18

  • Last Updated:

  • Address: 2099 Diplomat Parkway E, Cape Coral, FL 33909

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