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Encompass Health Pays $4.1 Million for Cape Coral Land

Leon Capital Group Divests 7.3 Acres Slated for Future Development

The cleared level lot is located at the corner of Pine Island and Pondella roads in Lee County. (CoStar)
The cleared level lot is located at the corner of Pine Island and Pondella roads in Lee County. (CoStar)

Encompass Health Rehabilitation Hospital of Cape Coral acquired 7.31 acres of vacant land at 1720-1730 NE Pine Island Road in Cape Coral, Florida for more than $4.08 million, or nearly $559,000 per acre, from Leon Capital Group.

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