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16998, 16990 McGregor - The Sanibel Toy Box

4 Acres of Commercial Land Offered at $2,695,000 in Fort Myers, FL 33908

Investment Highlights

  • Corner Lot

Executive Summary

Offering over 4 acres of land along one of Ft. Myers main and most recognized thoroughfares of McGregor Boulevard, this commercially zoned property is directly across the street from the newly announced Calusa Grande mixed-use development with high-end shops, restaurants and almost 500 residential units, located on the site of the former Sanibel Factory Outlets. Take advantage of the desirable South Ft. Myers location where this fast-growing area is buzzing with excitement and stunning new developments. An already popular near beach location transitions to a bustling hub of shopping, luxury living, dining, golfing, and vacationing all just minutes to world famous beaches. Sanibel Island has been ranked as one of the top vacation destinations in the world and the County boasts exciting population growth. This property has a permit in hand for the development of a stunning high-end storage facility with 41 luxury storage condos which can be individually sold. However, the zoning of McGregor Davis CPD allows for a multitude of development options. Be at the ground floor where exciting development will transform an already great location to one of the most popular areas in SW Florida.

Data Room Click Here to Access

Property Facts

Price $2,695,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Self Storage
Total Lot Size 4.00 AC

1 Lot Available

Lot

Price $2,695,000
Price Per AC $673,750
Lot Size 4.00 AC

zoning

Zoning Code CPD (Zoning of McGregor Davis CPD allows for a multitude of development options)
CPD (Zoning of McGregor Davis CPD allows for a multitude of development options)
  • Listing ID: 29859839

  • Date on Market: 10/23/2023

  • Last Updated:

  • Address: 16998, 16990 McGregor, Fort Myers, FL 33908

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