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11800 STATE 82 Rd - Entitled Land for Development

14.9 Acres of Residential Land Offered at $10,700,000 in Fort Myers, FL 33913

Investment Highlights

  • Entitled. Zoned. ERP delivered by Seller.

Executive Summary

Seller will deliver a SFWMD ERP to allow the removal of onsite wetlands, yielding a clean site. All site plan approvals will be at City staff level - no public hearings required. This property is an entitled multi-family development site, zoned for up to 40-units per acre located in high-growth Lee County, FL on the path of progress along SR 82 just east of the Forum.

Property Facts Under Contract

Price $10,700,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 14.90 AC

1 Lot Available

Lot

Price $10,700,000
Price Per AC $718,120.81
Lot Size 14.90 AC

Description

The site is ideally located in the high-growth Colonial Blvd corridor, near The Forum trade area, along State Road 82 in Fort Myers, FL. Positioned near a Publix-anchored Shopping Center and featuring ±786 SF of State Road-82 frontage with a daily traffic count of ±40,000, the site offers incredible access, amenities, and visibility. For the last +10 years, Fort Myers Florida has been repeatedly crowned as one of the Fastest Growing Cities, Safest Places to Live, Best Markets for Business, Best Places to Retire, etc. Lee County recently named the 5th Fastest Growing New Business Job Center in the Nation. Job Growth Rate 530% over national average. 28% population growth since 2010

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-44-25-P3-00064.0010
Land Assessment
$3,030,161
Improvements Assessment
$0
Total Assessment
$3,030,161

zoning

Zoning Code Commercial Intensive (Zoned Commercial Intensive (CI), up to 40-units per ac. Conceptually site planned for 348 units. No Public Hearings Required.)
Commercial Intensive (Zoned Commercial Intensive (CI), up to 40-units per ac. Conceptually site planned for 348 units. No Public Hearings Required.)
  • Listing ID: 31695845

  • Date on Market: 5/3/2024

  • Last Updated:

  • Address: 11800 STATE 82 Rd, Fort Myers, FL 33913

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