$2,900,000

Rare entitlement-advantaged development opportunity in the rapidly growing Cape Coral market. This 50,000 SF multi-parcel commercial land assemblage is currently in active municipal entitlement review for a proposed 100-bed Assisted Living Facility (ALF), representing a significant advancement beyond typical raw land offerings. The proposed development concept includes a four-story senior housing facility with structured parking, demonstrating strong feasibility for institutional use. Architectural plans, preliminary site layout, parking configuration, and zoning analysis have been completed and submitted to the City, substantially reducing development timeline and entitlement risk for a future buyer. Strategically located just south of Pine Island Road one of Cape Coral’s primary commercial corridors the property benefits from proximity to established residential neighborhoods, medical offices, and professional services, supporting strong long-term demand for senior housing and healthcare-related development. This offering presents a compelling opportunity for developers, healthcare investors, and senior housing operators to acquire a site with meaningful pre-development progress already completed. Ownership is open to evaluating either an outright sale or potential joint venture structures with qualified development partners.