3926 Kismet Pkwy W

Cape Coral continues to attract attention as one of Southwest Florida’s active growth markets, supported by expanding residential development, rising household incomes, and a growing year-round population base. The area around the property benefits from momentum along Old Burnt Store Road, where new planning and infrastructure initiatives are helping shape future commercial and mixed-use activity. Nearby destinations and corridors add to the market’s appeal, including Burnt Store Marina, Coral Oaks Golf Course, Pine Island Road, and Downtown Cape Coral. Access to boating-oriented communities, everyday services, and regional connections throughout Lee County strengthens the area’s long-term outlook for investors seeking position in an evolving Cape Coral market.Great development opportunity for commercial, multifamily, and/or mixed-use development. Largest development parcel along Old Burnt Store Rd, adjacent to a luxury residential boating community. Property is zoned Neighborhood Commercial (NC) , and Commercial Activity Center (CAC) future land use district. The range of commercial uses are permitted, including retail, office, hotels, etc. at a 1 FAR. Multifamily is permitted at 16 du/acre. Mixed-use and compound buildings are permitted. City utilities including public water, sewer, and irrigation scheduled for 2028. Roadway improvements including a roundabout at Kismet Pkwy and Old Burnt Store Rd are planned for this area. City has included in this planning for four curb cuts for the property, the construction of sidewalks, and stub outs for utilities to serve the property. Growing luxury boating community, average household income $105,000 within a 1 mile radius. Population within a 5-mile radius is 55,000. Seller financing available for qualified buyers. Information available including survey and environmental assessment.