This exceptional 11.2-acre commercial land parcel presents a rare opportunity for development in a prime Lee County location. Situated at the north of the Colonial Boulevard and Challenger Avenue intersection in Fort Myers, Florida, this property boasts high visibility and accessibility due to its strategic placement at a busy intersection. The zoning designation is CG, offering considerable flexibility for a variety of commercial uses. The expansive lot size provides ample space for substantial development, making it ideal for a large-scale retail project, or other commercial ventures. The single-tenant designation allows for streamlined development and management. This property is uniquely positioned to capitalize on the robust economic growth and increasing population density of the Fort Myers area. Its location offers easy access to major transportation arteries, ensuring convenient access for customers and employees. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. Detailed site plans and zoning information are available upon request. This is a truly exceptional opportunity to acquire a significant commercial land holding in a thriving market. Don't miss out on this chance to secure a prime piece of Lee County real estate. The property's size and location make it an attractive investment for developers seeking a high-impact commercial project.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$57,964,256
Hospitality
$53,094,948
Educational
$44,174,372
Medical
$45,693,596
Retail
$68,715,688
Location Insight
City
Fort Myers
County
Lee
State
Florida
Latitude
26.5996
Longitude
-81.8331
CBSA code
15980
CBSA name
CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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