5515 Emerson Square BlvdFort Myers, FL 33908

  • Commercial land
  • 3.06 AC

Property Details for 5515 Emerson Square Blvd

Lot size
3.06 AC
Zone code
MPD
Property type
Commercial land
APN
07-46-25-00-00005.0080
APU
7462500000050080

Description

This exceptional commercial land offering presents a unique opportunity for retail development in the thriving Fort Myers market. Spanning three acres, this property boasts unparalleled visibility and accessibility, situated adjacent to established national retail anchors and a significant residential population. The high average daily traffic count of 59,000 ensures substantial exposure for any new development. The site is ideally suited for a variety of retail uses, offering flexible build-to-suit (BTS) and ground lease (GL) options to accommodate diverse project needs and scales. This allows developers the freedom to tailor their vision to the specific requirements of their business, maximizing potential returns. The strategic location, combined with the high traffic volume and proximity to residential areas and established retail, creates a compelling investment opportunity with significant long-term growth potential. One space is currently available for immediate development, making this a prime location for businesses seeking to establish a strong presence in a dynamic and rapidly growing market. The absence of an existing building allows for complete design control and customization, ensuring a perfectly tailored retail space. This is a rare chance to secure a prominent location in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $40,408,292
    Hospitality
    $37,013,776
    Educational
    $30,795,028
    Medical
    $31,854,116
    Retail
    $47,903,376

Location Insight

City
Fort Myers
County
Lee
State
Florida
Latitude
26.4865
Longitude
-81.8425
CBSA code
15980
CBSA name
CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$36,745
$2,661,760
$7,899
$2,669,659
-
$2,661,760
$7,899
$2,669,659

FAQs

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