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    Metro Pkwy Fort Myers, FL 33916

    For Sale
    $2,000,000

    4.7 acres, prime commercial location

    Property size:
    204,732 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 4.7-acre commercial land parcel in Fort Myers, Florida (Lee County, zip code 33916), presents a remarkable development opportunity. Located at the highly visible intersection of Metro Parkway and Old Metro Parkway, this property boasts C1 zoning, allowing for a diverse range of commercial uses, including administrative offices, retail spaces, restaurants, medical facilities, and even up to 25 dwelling units per acre. The site offers dual access points, a maximum lot coverage of 45%, and a maximum height of 70 feet or 5 stories. With 204,732 square feet and an asking price of $2,000,000 ($9.77/sq ft), this property is well-suited for developers seeking high-visibility and versatile zoning. The parcel's adjacency to a 248-unit townhome community further enhances its potential. The APN is 31-44-25-P1-0020I.0020. A comprehensive list of permitted commercial uses is available. An adjacent parcel is also available for potential expansion. This is a rare opportunity to acquire a significant commercial site in a thriving Florida market.

    Property Features for 0 Metro Pkwy

    General Information

    Property type
    Land
    Square Feet
    204,732 SF
    Lot Size
    204,732 SF

    HighLights

    • 4.7‑acre commercial land parcel in Fort Myers, FL (Lee County, 33916).
    • High‑visibility location at Metro Parkway and Old Metro Parkway intersection.
    • C1 zoning allows diverse commercial uses, including up to 25 dwelling units per acre.
    • 204,732 square feet, $2,000,000 asking price ($9.77/sq ft).
    • Dual access points, 45% maximum lot coverage, 70‑foot maximum height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.8544813
    Latitude
    26.6117332

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    FAQs

    What type of property is this?
    Land - 4.7 acres, prime commercial location
    Where is this land located?
    The property is located at Metro Pkwy Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 4.7-acre commercial land parcel in Fort Myers, FL (Lee County, 33916).; High-visibility location at Metro Parkway and Old Metro Parkway intersection.; C1 zoning allows diverse commercial uses, including up to 25 dwelling units per acre.
    (239) 489-4066
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    Metro Pkwy Fort Myers, FL 33916
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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
    Metro Pkwy Fort Myers, FL 33916
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