This 1.2 acre property is zoned CPD for up to 8,000 sq ft of either office space or retail construction. Not zoned for Storage. It is located at the southwest corner of Pelican Colony Blvd and Walden Center Drive just outside the privacy gates of Pelican Landing, a high end 3,318 residence community with two golf courses. This site is one of only a few remaining undeveloped commercial properties in Estero, FL. The property is positioned one block west of US 41 (Tamiami Trail), 4.5 miles from Interstate 75 and just 10 miles south of the Southwest Florida International Airport. The area is booming. Just across US 41 east is the Coconut Point Mall a mixed use town center developed by Simon Property Group. West of the property at the end of Coconut Rd is the Hyatt Regency Coconut Point Hotel & Spa. Adjacent and under construction will be the Ritz Carlton Estero Bay Residences, two 22 story towers and Marina to be completed in 2025.