Home » Properties » 513 SW 3rd Terrace, Cape Coral FL 33991

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Commercial Land at 513 SW 3rd Terrace, Cape Coral FL

Prime commercial land at a high-visibility corner near Pine Island Rd & Nicholas Pkwy in Cape Coral. Zoned CC with utilities ready.

$300,001

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MLS #A11759266

Listing Updated: 2026-06-26 00:27:10

Listed By: Palermo Real Estate LLC

Overview

This commercial land parcel is strategically located at the corner of 3rd Terrace and Nicholas Parkway in Cape Coral, offering excellent visibility to northbound and southbound traffic. Measuring 23,640 sqft (.54 acres), the lot is zoned Commercial Corridor (CC) with future land use designated as Pine Island Road District (PIRD). All essential utilities including central water, sewer, and irrigation services are available, and assessments are fully paid. The site is surrounded by established businesses such as Crunch Fitness and Dunkin’, with major retailers like Office Depot, Kohl’s, Walmart, and a healthcare emergency center nearby. The property is not in a flood zone, enhancing its appeal for diverse commercial uses.

Property Highlights

High-visibility corner lot, 23,640 sqft, Zoned CC, Utilities available, Near major retailers, Not in flood zone

Property Details

City: Cape Coral

State: FL

Zip Code: 33991

Address: 513 SW 3rd Terrace, Cape Coral FL 33991

Year Built:

Property Type: Commercial Land

Property Sub Type: Commercial

Listing Office Name: Palermo Real Estate LLC

County: Lee County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $3,768

Days On Market: 440 Days

Original Listing Description

Just down the road from the high traffic intersection of Pine Island Rd & Nicholas Parkway. The parcel is situated at the corner of 3rd Terr & Nicholas Pkwy. It provides high visibility as traffic flows Northbound and Southbound by this corridor. The lot measures .54 acres (23,640 sqft). Zoning districts is CC (Commercial Corridor). Futures land use PIRD (Pine Island Road District). All utilities are available. Central Water, Sewer, and Irrigation service. Assessments paid in full. Surrounded by a blend of established businesses such as Crunch Fitness and Dunkin’. Close to major retailer like Office Depot, kohl’s & Walmart, and a Health-care emergency center. The possibilities for this parcel are endless. Not in a designated flood zone. Adjoining parcels are available.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

513 SW 3rd Terrace, Cape Coral FL 33991

About This Neighborhood

Located near the intersection of Pine Island Road and Nicholas Parkway, this area features a mix of established businesses and retail centers. The neighborhood supports commercial growth with convenient access to major roads and amenities. Nearby businesses like Crunch Fitness and Dunkin’ contribute to steady local traffic, while larger retailers such as Office Depot and Walmart provide additional customer draw. The surrounding environment is well-developed, making it a practical choice for new commercial ventures seeking visibility and accessibility.

Walkability & Lifestyle

The site benefits from its proximity to major retail outlets, dining options, and service businesses, enhancing daily convenience. Nearby roads and pedestrian pathways connect to shopping centers and fitness facilities, supporting an active lifestyle. Though primarily commercial, the area offers walkable access to amenities that serve employees and visitors alike.

Things To Do Nearby

Nearby, residents and workers can enjoy a variety of activities including dining at local restaurants, shopping at major retailers, and accessing fitness centers like Crunch Fitness. The area’s convenient location also allows easy trips to nearby parks, waterfront areas, and recreational facilities, supporting a balanced work and leisure lifestyle.

Nearby Schools

While this property is commercial land, the surrounding Cape Coral area offers access to a range of educational institutions. Families and employees benefit from nearby schools that provide convenient options for primary and secondary education. The presence of schools contributes to the community’s overall appeal and supports a stable local workforce.

Why Buyers Like This Area

Buyers appreciate this property for its strategic corner location with high traffic exposure and comprehensive utility access. The proximity to established businesses and major retailers enhances its commercial viability. Its zoning and size provide flexibility for diverse development opportunities, making it attractive for buyers seeking a well-positioned commercial parcel in Cape Coral.

Investment Potential

This commercial land in Cape Coral offers a strong location advantage near a busy intersection, attracting steady traffic flow. Its zoning for commercial corridor use and proximity to established businesses and major retailers make it appealing for various commercial developments. The availability of all utilities and absence from flood zones further enhance its usability. Investors can consider this parcel for retail, service, or mixed-use projects, benefiting from the area's ongoing commercial activity and accessibility.

Market Trends

Cape Coral’s commercial real estate market shows consistent demand due to its expanding population and business-friendly environment. Properties with high visibility and access to main corridors, like this lot, are particularly sought after. The area’s commercial zoning and infrastructure support a variety of business types, contributing to steady market interest. While inventory fluctuates, well-located parcels near major retail hubs maintain long-term appeal for buyers and developers.

Rental Income Potential

This commercial land’s location near busy retail centers and established businesses suggests potential interest from tenants seeking high-visibility sites. Its zoning and utility readiness make it suitable for multiple commercial uses, which may attract diverse tenant profiles. Seasonal and year-round demand in Cape Coral’s commercial sector supports ongoing rental activity, though income levels depend on development and market conditions.