Major Cape Coral Development Parcels Offered For Sale
SUITE TALK January 9, 2019 admin
Avison Young has been awarded the exclusive sale listing of Four Corners, a collection of four vacant land parcels totaling 21.14 acres at 4128-4233 Agualinda Boulevard in Cape Coral. The parcels, divided by the Agualinda and Beach Parkway W. intersection, are zoned for multi-family, commercial, and mixed-use development.
Avison Young Senior Vice President Rosendo Caveiro and Senior Director Dan E. Gorczycki are overseeing the marketing and collective disposition of the parcels, listed for $12 million, on behalf of the seller, Four Corners CC, LLC and The Stephen W. Haywood Revocable Trust.
According to Caveiro, the parcels offer an investor or developer the opportunity to capitalize on the increasing demand for multi-family and commercial properties in one of the nation’s fastest-growing markets. “Four Corners is the only commercially-zoned property primed for development within a two- to five-mile radius, presenting an investordeveloper virtually no competition.”
Four Corners is situated in a neighborhood currently zoned as a Marketplace Residential District (MR) with A-rated public schools. Four Corners’ zoning offers excellent flexibility for the development of each corner. Further, the land has been cleared, filled to grade, and has utilities such as water, sewer, and irrigation to the site.
Potential development includes mixed-use, residential, retail, sales/ services, restaurants/cafés, offices, financial institutions, recreation facilities, and parking structures.
Founded in 1978 and headquartered in Toronto, Canada, Avison Young is a global commercial real estate firm with 85 offices across the U.S. and Canada. For more information about the company or its current listings, please call 305-447- 7868 or visit www.avisonyoung.com.