3171 Dr Martin Luther King Blvd - 3171 Dr. Martin Luther King Jr. Blvd.
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3171 Dr Martin Luther King Blvd - 3171 Dr. Martin Luther King Jr. Blvd.
1.1 Acres of Commercial Land Offered at $850,000 in Fort Myers, FL 33916
Investment Highlights
- 1± miles to Downtown Fort Myers
- 3± miles to North Fort Myers
- 4.8± miles to The Forum
- 2.4± miles to Lee Memorial Hospital
- 3± miles to I-75
- 11± miles to Cape Coral
Executive Summary
EXECUTIVE SUMMARY:
1.1± acre parcel zoned Commercial Intensive, located less than 3 miles east of I-75 (Exit 138) in Fort Myers, FL. There is approximately 175’ of frontage on Dr. Martin Luther King Jr. Blvd., with utilities including city water, sewer, and electricity. The property has access/curb cuts from 3 sides, making for great ingress/egress. This property is located within the CRA District, making it a great opportunity to take advantage of development/redevelopment incentives.
With Fort Myers growing at approximately 4.33% annually, the surrounding commercial and multi-family developments along this primary corridor demonstrate a strong demand for quick-service restaurant options. Commercial-intensive zoning permits approximately 60 different uses, with additional conditional uses, contact the listing broker for a full list.
APPROVED USES:
• Restaurant / Food Service Establishment
• Warehousing / Distribution Center (50,000 SF or less)
• Retail (Wholesale or Rental Store)
• Self-Storage
• Car Wash
• Convenience Store
• Vehicle Sales (Lease or Rental)
• Vehicle Service and Repair
• Hotel / Motel / Inn / Extended Stay
• Medical Office
• Pharmacy
• Residential Multi-Family
• Residential Townhouse
• Hospital / Medical Center
*Full list of approved uses available upon request
1.1± acre parcel zoned Commercial Intensive, located less than 3 miles east of I-75 (Exit 138) in Fort Myers, FL. There is approximately 175’ of frontage on Dr. Martin Luther King Jr. Blvd., with utilities including city water, sewer, and electricity. The property has access/curb cuts from 3 sides, making for great ingress/egress. This property is located within the CRA District, making it a great opportunity to take advantage of development/redevelopment incentives.
With Fort Myers growing at approximately 4.33% annually, the surrounding commercial and multi-family developments along this primary corridor demonstrate a strong demand for quick-service restaurant options. Commercial-intensive zoning permits approximately 60 different uses, with additional conditional uses, contact the listing broker for a full list.
APPROVED USES:
• Restaurant / Food Service Establishment
• Warehousing / Distribution Center (50,000 SF or less)
• Retail (Wholesale or Rental Store)
• Self-Storage
• Car Wash
• Convenience Store
• Vehicle Sales (Lease or Rental)
• Vehicle Service and Repair
• Hotel / Motel / Inn / Extended Stay
• Medical Office
• Pharmacy
• Residential Multi-Family
• Residential Townhouse
• Hospital / Medical Center
*Full list of approved uses available upon request
Property Facts
| Price | $850,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.10 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $850,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.10 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $850,000 | Lot Size | 1.10 AC |
| Price Per AC | $772,727 |
| Price | $850,000 |
| Price Per AC | $772,727 |
| Lot Size | 1.10 AC |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $166,342 | Total Assessment | $190,542 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$166,342
Improvements Assessment
$0
Total Assessment
$190,542
zoning
| Zoning Code | CI |
| CI |
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Mike Trivett -
LSI Companies, Inc.
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3171 Dr Martin Luther King Blvd - 3171 Dr. Martin Luther King Jr. Blvd.
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