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Key Details
Sold Price $170,000
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Lehigh Acres
MLS Listing ID 222079829
Sold Date 07/05/24
HOA Y/N No
Annual Tax Amount $364
Tax Year 2021
Lot Size 0.830 Acres
Acres 0.83
Lot Dimensions Appraiser
Property Sub-Type Commercial
Property Description
COMMERCIAL DEVELOPMENT OPPORTUNITY- Four lot commercial site located on four-lane SR 82 and Capetown Avenue just south of Eisenhower Boulevard. 0.83 Acres. Uses: Retail, Office, Medical & Warehouse. Zoning: C-2 (Lee County). Traffic Count: 14,800 (AADT - 2021). Potential uses include Auto Parts, Auto Install/Repair Service, Vehicle Dealer, Package Store, Food Store, Hardware Store, Restaurant, Retail, Daycare, Manufacturing, Contractor, Warehouse, Vet Clinic, Convenience Store, Duplex, Townhome, Religious Facility, Fraternal Clubs (American Legion, Moose, etc.). Located in the East Lehigh Opportunity Zone. The Opportunity Zone Program aims to foster economic development and job creation in economically distressed communities. It was created by the Federal Tax Cuts and Jobs Act of 2017 to encourage businesses, developers and financial institutions to invest long-term capital in low-income census tract areas. Tax benefits can accrue once unrealized capital gains from other investments are rolled into Qualified Opportunity Zone Funds. Benefits include deferred taxes, reduced taxes and the rolled over capital gain appreciates tax-free.
Location
State FL
County Lee
Community Lehigh Acres
Area La08 - Southeast Lehigh Acres
Rooms
Bedroom Description NaN
Interior
Cooling See Remarks
Furnishings Furnished
Fireplace No
Exterior
Community Features Non- Gated
Utilities Available Electricity Available, Sewer Not Available, Water Not Available
Waterfront Description None
Water Access Desc None
Present Use Other,See Remarks
Garage No
Building
Lot Description Multiple lots
Faces Southwest
Sewer None
Water None
Others
HOA Fee Include None
Senior Community No
Tax ID 35-45-27-L2-03013.0120
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
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Billee Silva, PA, ABR SRS
Licensed Realtor | License ID: P3275278
Licensed Realtor License ID: P3275278