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    2777 Colonial Blvd Fort Myers, FL 33966

    For Sale
    $1,437,697

    2.87 Acres, Owner Financing Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.87-acre commercial land parcel in Fort Myers, Florida, is ideally situated on Colonial Boulevard, boasting over 105 feet of frontage. Zoned CI (City of Fort Myers), this property offers significant development potential for a wide range of commercial uses, including but not limited to storage facilities, vehicle sales and service centers, and more. The site benefits from high visibility due to its location on a major thoroughfare with over 60,000 vehicles passing daily, and its proximity to established national auto brands. Utilities are readily available on Colonial Boulevard, and the property is located in Flood Zone X. The asking price is $1,437,697, and owner financing is available. Potential uses include mini-storage, RV/boat/vehicle sales and storage, car washes, large equipment retail, manufactured housing sales, vehicle repair, outdoor recreation, medical/professional offices, veterinary clinics, animal care facilities, and potentially residential or multi-family developments. This is a rare opportunity to acquire a prime commercial lot on one of Southwest Florida's busiest corridors. The land value is $11.50 per square foot. The property is offered fee simple. The address is 2777 Colonial Blvd, Fort Myers, FL 33966.

    Property Features for 2777 Colonial Blvd

    General Information

    Property type
    Land
    Lot Size
    125,017 SF

    HighLights

    • Highly versatile site suitable for diverse uses including mini‑storage, RV/boat storage, and vehicle sales.
    • Ideal for automotive‑related businesses such as car washes, equipment sales, and vehicle repair.
    • Supports various recreational uses, including pickleball courts.
    • Zoned for medical, professional, and veterinary services, including animal care facilities.
    • Suitable for residential, multi‑family, and live‑work developments.
    • Can accommodate retail, restaurants, and schools.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Daycare Center Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.855611015897
    Latitude
    26.597305865605

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    FAQs

    What type of property is this?
    Land - 2.87 Acres, Owner Financing Available
    Where is this land located?
    The property is located at 2777 Colonial Blvd Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $1,437,697.
    What are key features of this property?
    This property features: Highly versatile site suitable for diverse uses including mini-storage, RV/boat storage, and vehicle sales.; Ideal for automotive-related businesses such as car washes, equipment sales, and vehicle repair.; Supports various recreational uses, including pickleball courts.
    Request Owner's contact information
    2777 Colonial Blvd Fort Myers, FL 33966
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    Fort Myers, FL 33966
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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
    2777 Colonial Blvd Fort Myers, FL 33966
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