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12580 Treeline Ct - 115 Treeline
114.31 Acres of Commercial Land Offered at $29,600,000 in Fort Myers, FL 33913
Investment Highlights
- 115 Treeline is centrally located with strong access to I-75 and the Southwest Florida International Airport
- Gulf Coast Town Center (including Target, Costco, and numerous restaurants) is 10 minutes south of the Subject
- Median household income within a 3-mile radius is over $88K, and median net worth is over $500K
Property Facts
| Price | $29,600,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 114.31 AC |
| Price | $29,600,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 114.31 AC |
1 Lot Available
Lot
| Price | $29,600,000 | Lot Size | 114.31 AC |
| Price Per AC | $258,945 |
| Price | $29,600,000 |
| Price Per AC | $258,945 |
| Lot Size | 114.31 AC |
Land Area 114.31 acres; 14-45-25-00-00006.0000 10.00 acres; 14-45-25-00-00008.0000 38.18 acres; 15-45-25-00-00006.0000 39.40 acres; 15-45-25-00-00007.0000 7.64 acres; 15-45-25-00-00008.0000 10.00 acre; 15-45-25-00-00008.0010 9.09 acres
Description
The subject property consists of six contiguous parcels of land located along Treeline Ave directly east of Interstate 75 in Fort Myers, Lee County Florida. The overall subject site consists of approximately 114.31 acres or 4,979,344 square feet of land. The site is zoned Mixed Use Planned Development in the city of Fort Myers. The site was previously zoned AG-2, Agricultural, and IL, Light Industrial, but has since been rezoned. Please note, a billboard is located near the southwestern portion of the subject property. The billboard is under a 99-year lease that commenced in October 1994. The annual rent for the billboard is equal to 15% of advertising revenue for years 1-5, 18% for years 6-10 and 20% for the remainder of the lease term.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $26,223 |
PROPERTY TAXES
zoning
| Zoning Code | MPD (The property is approved for a maximum of 487 dwelling units and 100,000sq.ft of commercial uses.) |
| MPD (The property is approved for a maximum of 487 dwelling units and 100,000sq.ft of commercial uses.) |
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Shannan Fletcher -
Roger Shi -
JSM Commercial
Presented by
12580 Treeline Ct - 115 Treeline
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