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19001 N Tamiami Trl - N. Fort Myers Redevelopment Opportunity
28.83 Acres of Commercial Land Offered at $7,750,000 in North Fort Myers, FL 33903
Investment Highlights
- Direct frontage on US-41
- Surface Water Management Permit in Place
- Opportunity features a fully stabilized income-producing building
Property Facts
| Price | $7,750,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Golf Course or Driving Range |
| No. Lots | 1 | Total Lot Size | 28.83 AC |
| Property Type | Land |
| Price | $7,750,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Golf Course or Driving Range |
| Total Lot Size | 28.83 AC |
1 Lot Available
Lot
| Price | $7,750,000 | Lot Size | 28.83 AC |
| Price Per AC | $268,817.20 |
| Price | $7,750,000 |
| Price Per AC | $268,817.20 |
| Lot Size | 28.83 AC |
28.83± Acre North Fort Myers Development Opportunity
Description
THE OPPORTUNITY: • Currently home to a fully operational driving range and discount golf retailer. • One of the last remaining sizeable development opportunities in the high-growth market area of North Fort Myers • Future land use allows for densities of 6 du/acre, with a maximum of 8 du/acre with the use of Greater Pine Island TDUs • The local market has an exceptionally strong demand for RV, manufactured home, apartment, and townhome style communities. • The current fully stabilized income producing building provides an opportunity to offset entitlements and development costs. • Direct frontage on US-41 and located within a 5-minute drive to Publix, retail centers, golf courses, and schools. • Opportunity to purchase the rear 26.74± acres only, excluding the commercial frontage, for a reduced price. POTENTIAL PARCEL SPLIT: • Seller is willing to subdivide the property to allow for a sale of the rear 26.74± acres only, for a price of $5,950,000 (or $222,513/acre). • Seller to grant shared access from Tamiami, to be arranged. • Seller to allow signage on Tamiami frontage, to be arranged. • Possession of the 2.09± acre commercial frontage and related incomes to stay with current owner.
PROPERTY TAXES
| Parcel Number | 09-43-24-00-00010.008A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,118,852 |
PROPERTY TAXES
zoning
| Zoning Code | CPD - NFM Driving Range |
| CPD - NFM Driving Range |
Presented by
19001 N Tamiami Trl - N. Fort Myers Redevelopment Opportunity
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