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S Tamiami Trl & Williams Rd - North Point Estero

99.7 Acres of Commercial Land in Estero, FL 33928

Investment Highlights

  • Opportunity to increase the current entitlements
  • Infill Site with Strong Demographics
  • 1/2 mile of frontage along US Highway 41 (Tamiami Trl) - 42,500 AADT

Executive Summary

Savills, as an exclusive advisor, is pleased to present the opportunity to acquire 99.7+/- acres of North Point Estero (the “Site” or “Property”) in Estero, Lee County Florida to qualified developers. The Property is located in one of Florida’s newest cities, Village of Estero, which was incorporated in December 2014. The Property is positioned in the heart of Estero surrounded by dense, well-planned commercial and beautiful residential gated communities. Located at the NEC of intersection of U.S. Highway 41 and Williams Road, the Property provides direct access for convenient connectivity between Naples and Fort Myers. Estero is in the center of a fast growing area, with close proximity to the Southwest Florida International Airport, Interstate 75, and Florida Gulf Coast University.
The Seller is seeking offers along with proposals for the development of the entire property from qualified developers. The Village of Estero has expressed a need for a downtown mixed-use concept with design elements that are intended to ensure a compatible integration of residential, commercial, office, cultural, public and open space areas. They seek to help promote a walkable, livable, and pedestrian-friendly environment for the Estero Community to enjoy. This is intended to be a “true” mixed-use development in the vertical and horizontal sense. In essence, this will be the cultural gathering place that encompasses the Village of Estero’s architecture design and landscape guidelines. Estero’s Planning, Zoning & Design Board has established the architectural and landscaping guidelines which define Estero today. The attractive buildings and landscaping at Coconut Point Mall, Lowes and Walmart are all prime examples of Estero’s high development standards.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Multifamily
  • Hotel
Total Lot Size 99.70 AC
Tenancy Single

1 Lot Available

Lot

Lot Size 99.70 AC

The Property is the largest contiguous vacant tract of undeveloped commercial mixed-use land between US Highway 41 and Interstate 75 running north and south in five (5) counties stretching from Collier to Sarasota.

Description

The site totals 99.7+/- acres and is positioned along US Highway 41 (Tamiami Trl) in the heart of Estero, FL (between Naples and Ft. Myers). The property is fully entitled for 550,000sf Commercial/Retail, 120,000sf Office (up to 60,000sf Medical), 150 Hotel Rooms, and 150 Multi-Family / Condos, however the Village of Estero is open to increasing the density for the right mixed-use development plan. For more information please visit property website: http://view.ceros.com/savills/myesterolands

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-46-25-E3-U1936.2290
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,780,873

zoning

Zoning Code MPD (Master Planned Development)
MPD (Master Planned Development)
  • Listing ID: 23428049

  • Date on Market: 6/16/2021

  • Last Updated:

  • Address: S Tamiami Trl & Williams Rd, Estero, FL 33928

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