Dean Family Sell Prime Pine Island Rd Tract to Lowe’s for $5.6 Million
By Aslan Realty Advisors, LLC, Staying a step ahead with Pride!
Legacy Meets Progress: Dean Family Sells Prime Pine Island Road Tract to Lowe’s for $5.6 MillionIn a transaction that bridges the pioneering past of Cape Coral with its booming commercial future, the family of the late automotive legend Roger Dean has sold a key five-acre tract on Pine Island Road to Lowe’s Home Centers, LLC. The sale, finalized on May 6, 2026, and recorded two days later, commanded a price of $5,600,000—calculating to approximately $1.12 million per acre or $25.71 per square foot.The Dean Legacy: A Foundation for the CityThe seller, RD101 LEE, LLC, represents the interests of a family that has been integral to Cape Coral’s identity for over three decades. Roger Houston Dean (1915–1999), a World War II Navy veteran, was a visionary who saw potential in the Florida lands...
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