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Dr. Martin Luther King Jr. Blvd
4.85 Acres of Commercial Land Offered at $3,862,870 CAD in Fort Myers, FL 33916
Executive Summary
Property Facts
Price | $3,862,870 CAD | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | |
No. Lots | 1 | Total Lot Size | 4.85 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Price | $3,862,870 CAD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 4.85 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Price | $3,862,870 CAD | Lot Size | 4.85 AC |
Price Per AC | $796,468 CAD |
Price | $3,862,870 CAD |
Price Per AC | $796,468 CAD |
Lot Size | 4.85 AC |
perfect configuration for retail strip development or single tenant buildings.
Description
This prime retail development site is positioned in front of the highly successful Fleamasters Flea Market which hosts approximately one million shoppers per year on its 50 acre property. The Market is nearing completion of replatting the frontage lands to allow future outparcel developments, ideal for small strip retail and/or single tenant developments. The site has approximately 660' of highway frontage with an impressive 43,000 vehicles per day along State Road 80/Dr. Martin Luther King Jr. Boulevard. Uses could include fast food, urgent care, auto parts, dollar stores, etc. This site is approximately 1.7 miles from I-75 on one of the main corridors connecting I-75 with downtown Ft. Myers. The buyer will be responsible for constructing the abutting access drive and utilities, which is an approximate $600k cost. The property is also located in an Opportunity Zone, allowing the developer to take advantage of significant tax incentives. One of the very few OZ development sites in Southwest Florida.
zoning
Zoning Code | IL |
IL |
Presented by
Dr. Martin Luther King Jr. Blvd
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