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16501 Michael G Rippe Pky - Fort Myers Industrial Land

16.39 Acres of Industrial Land Offered at $5,600,000 in Fort Myers, FL 33912

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Investment Highlights

Convenient access to US-41 and Alico Road makes for easy access to I-75.
The location on Michael G Rippe Parkway puts the new owner in close proximity to a variety of local amenities and attractions, like Walmart.

Fort Myers is primed to see continued growth in all areas of the local economy, benefiting new owners and businesses.
The land is zoned for light industrial uses, allowing for a perfect last-mile distribution site.

Executive Summary

The Subject Property offers an exceptional opportunity to own a prime piece of commercial real estate in South Fort Myers, Florida. Located at 16501 Michael G Rippe Parkway, these two parcels totaling 16.39 acres are a blank canvas poised for development. Divided by entry to a master planned community and in the middle of current and future residential, commercial and industrial development the Subject Property is currently being utilized as pasture for cattle grazing. With nearly 1,700FT of frontage on Michael G. Rippe Pkwy and 700FT of depth, these parcels are well-suited to become an industrial development under the current zoning of Light Industrial or other developments under the future land use of Urban Community.

Mike Rippe Offering Memorandum

Property Facts Under Contract

Price	$5,600,000	Property Subtype	Industrial
Sale Type	Investment	Proposed Use	Industrial Mixed Use Multifamily Apartment Units Contractor Storage Yard Distribution Hold For Development Industrial Live or Work Unit Industrial Park Master Planned Community Planned Unit Development Refrigeration or Cold Storage Self Storage Truck Terminal Warehouse
No. Lots	1	Total Lot Size	16.39 AC
Property Type	Land

Price	$5,600,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Proposed Use	Industrial Mixed Use Multifamily Apartment Units Contractor Storage Yard Distribution Hold For Development Industrial Live or Work Unit Industrial Park Master Planned Community Planned Unit Development Refrigeration or Cold Storage Self Storage Truck Terminal Warehouse
Total Lot Size	16.39 AC

1 Lot Available

Lot 2

Price	$5,600,000	Lot Size	16.39 AC
Price Per AC	$341,672

Price	$5,600,000
Price Per AC	$341,672
Lot Size	16.39 AC

Two adjacent lots zoned for light industrial uses with a future land use that allows for residential development totaling 16.39 acres.

Description

Located off Michael G. Rippe Parkway, Florida, the Subject Property offers vacant industrial land with significant upside development potential. Convenient access to US-41 and Alico Road makes for easy access to I-75 and travel throughout Southwest Florida. The location on Michael G Rippe Parkway puts the new owner in close proximity to a variety of local amenities and attractions. The Fort Myers area is known for its welcoming business environment and quality of life for residents, making it an attractive place to live and work. Fort Myers has experienced explosive growth since the year 2000. The population has increased nearly 81% since the year 2000 and is expected to experience even further growth with current trends showing over 1,000 people moving to Florida every day. Median household incomes are up over 86% while property values have increased nearly 120% since 2000. Fort Myers is primed to see continued growth in all areas of the local economy which will certainly benefit the Subject Property.