These parcels are located across US 41 from the 1,300 unit Heron’s Glen and D.R. Horton’s 1,300 unit Magnolia Landing.
It is believed that with rezoning these parcels could support up to 1,000 units or more. Seller will sell just the 600± residential acres, but prefers to sell all 1,121± acres. All but 2.33 acres of these 3 parcels are inside the Cape Coral city limits. Access to utilities on US 41 requires an Inter-Local agreement. Utilities at the property, 8/10th of a mile US 41 frontage and discounted prices of under $10,000 per gross acre and $22,000 per upland acre makes this a NOW opportunity.