California investor sells Cape Coral vacant lot

A less than 1-acre parcel primed for redevelopment has sold. 

The corner lot is at 2675 Del Prado Blvd. S. in Cape Coral between S.E. 27th Street and S.E. 28th Street. 

The buyer, according to Lee property records, is local financial management firm Alegian Growth Partners. It paid $550,000.

The previous owner is an LLC whose address matches the Irvine, California real estate private equity firm IRA Capital. It paid $424,483 for the property in 2022. 

The 0.84-acre parcel has 155 feet of frontage on Del Prado and is zoned commercial development. 

Gary Tasman, of Cushman & Wakefield’s Commercial Property Southwest Florida, represented the seller.