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    20440 Tamiami Trl North Fort Myers, FL 33903

    For Sale
    $895,000

    3.9 Acres, US 41 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3.9-acre commercial development site boasts 400 feet of frontage on US 41 in North Fort Myers, Florida. The property, encompassing parcels 05-43-24-01-00028.0000, 05-43-24-03-00001.0050; .0070; .0090 & .00110, is zoned C1-Commercial and TFC2-Residential, offering significant development flexibility. Its prime location places it strategically south of Heron's Glen and north of Magnolia Landing, a burgeoning 900-acre, 1,600-home community currently under development by national home builder DR Horton. This presents a unique opportunity to capitalize on the rapid residential and commercial growth in the area. The property's address is split between 20440 N Tamiami Trail and 20537 Applewood Rd, both in North Fort Myers, Lee County, FL 33903/33917. The asking price for this high-potential investment is $895,000. This location offers excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The dual zoning allows for a range of development possibilities, catering to both commercial and residential needs. Don't miss this chance to secure a prominent position in a thriving market.

    Property Features for 20440 Tamiami Trl

    General Information

    Property type
    Land
    Lot Size
    169,884 SF

    HighLights

    • $895,000 asking price.
    • 3.9‑acre commercial development site.
    • C1 Commercial and TFC2 Residential zoning.
    • Located at 20440 N Tamiami Trail & 20537 Applewood Rd, North Fort Myers, FL 33903/33917.
    • APN: 05‑43‑24‑01‑00028.0000, 05‑43‑24‑03‑00001.0050; .0070; .0090 & .00110.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Auto Repair Shop Auto Parts Store Department Store Storage Facility Grocery Store Bar & Pub Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.926163
    Latitude
    26.7627479

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    FAQs

    What type of property is this?
    Land - 3.9 Acres, US 41 Frontage
    Where is this land located?
    The property is located at 20440 Tamiami Trl North Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: $895,000 asking price.; 3.9-acre commercial development site.; C1 Commercial and TFC2 Residential zoning.
    (239) 425-6000
    Request Owner's contact information
    20440 Tamiami Trl North Fort Myers, FL 33903
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    North Fort Myers, FL 33903
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20440 Tamiami Trl North Fort Myers, FL 33903
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