Fort Myers Multi Family Development Site

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 29896836
Property Subtypes: Multi-Family, Residential (Single Family)
Status: Pending/Contingent
Gross Land Area: 9.74 Acres
Sale Price: $3.50 PSF
Total Price: $1,484,960
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2018

Overview / Comments

Opportunity: 9.74 acre site in the heart of For t Myers on Winkler Ave
and Veronica Shoemaker Blvd. Two separate tracts perfect for high
density multi-family. Highly visible area with easy access to major
corridors, schools and retail. Site has been graded and filled by developer of Colonial Properties.

Zoning: Within the City of For t Myer s Land Use Code. City of Fort
Myers has expressed a desire for site to be multi-family with a land use
rezoning to CI ( Commercial Intensive allowing 25du/ac with a maximum
height of 70 ft). Currently zoned IL (light industrial) with a comp plan for
Traditional Community T/C FAR=2.

Size: 9.74 acres in two separate tracts. Potential access across
conservation lot to link both sites per City of Fort Myers.

Access: Excellent access off of Winkler Ave with an AADT of 22,000.
Full median cut access off of Executive Circle with right in access from
Veronica Shoemaker Blvd. Full median access off of Winkler Ave.

Utilities: For ce and gr avity sewer available with a 16” water line
running along Winkler Ave. Power running along the property boundary
provided by FP&L. All utilities can support expanded capacity.

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 314425P3006000100
Property Located Between: Winkler Ave & Veronica Shoemaker Blvd
Property Visibility: Excellent
Largest Nearby Street: Winkler Ave
Traffic/Vehicle Count: 22,000
Airports: Southwest Florida Regional Airport or Paige Field

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,101 63,036 135,675
Median Age: 37.41 37.97 42.69
Households: 3,651 25,721 58,218


Photograph of Listing Agent

Sage N. Andress P.A. , ALC, CCIM

Sunmark Realty, Inc. FGCAR CIE Member
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