Prime Development Opportunity in Fort Myers – 114.31 Acres of Contiguous Land with Tremendous Potential
We are pleased to present a unique opportunity to acquire approximately 114.31 acres (4,979,344 square feet) of prime real estate along Treeline Ave, just east of Interstate 75, in Fort Myers, Lee County, Florida. This property comprises six contiguous parcels, offering unparalleled access and visibility in a rapidly growing area of Southwest Florida.
The property is currently zoned under a Planned Unit Development (PUD), providing significant flexibility for various types of development. Whether you want to create a build-for-rent community, residential development, a commercial complex, or a combination of both, the PUD offers a solid foundation for your vision. In addition, the underlying zoning is Agriculture 2, which may allow for additional flexibility in your development plans. Adding Industrial to the PUD would be an administrative change, with a short timeline.
The county has already accepted a development order for a build-for-rent and commercial development, though this can quickly be revised to fit your specific needs and project goals. We have a robust due diligence folder on this site with studies, engineering and off-site improvements.
Adding even further value, a billboard is located near the southwestern portion of the property. This billboard is under a long-term, 99-year lease that began in October 1994, providing a stable and passive income stream. The lease agreement includes annual revenue of 20% for the remainder of its term, making this a beneficial additional asset to the property.
With its strategic location, access to major highways, and zoning flexibility for various uses, this property represents an exceptional opportunity for developers looking to capitalize on Fort Myers' growing demand for residential and commercial space.
Don’t miss out on this prime piece of land with endless possibilities. Contact us today to learn more about this outstanding development opportunity.
Shannan Hicks
JSM Commercial
