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    4820 Orange Grove Blvd North Fort Myers, FL 33903

    For Sale
    $1,450,000

    6.95 Acres, Prime Location, CT Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 6.95-acre development site, located at 4820 Orange Grove Blvd in North Fort Myers, Florida (zip code 33903, APN 09-44-24-00-01002.010), presents a remarkable investment opportunity. The property is almost entirely cleared, simplifying development plans. Its advantageous CT zoning allows for a wide range of uses, including Assisted Living Facilities (ALF), multi-family residential, commercial ventures, retail establishments, supermarkets, office spaces, daycare centers, home care facilities, hotels/motels, and restaurants. The site boasts convenient access to US 41 and the downtown Fort Myers area, easily accessible across the bridge. Its prime location also benefits from proximity to schools, shopping centers, and other essential services. This property is offered at an asking price of $1,450,000 and represents a significant potential for substantial returns. The nearly level lot is ready for immediate development, making it an attractive proposition for developers seeking a versatile and well-situated parcel in a thriving Florida community. Serious inquiries are encouraged.

    Property Features for 4820 Orange Grove Blvd

    General Information

    Property type
    Land
    Lot Size
    302,742 SF

    HighLights

    • Exceptional Investment Opportunity!
    • 6.95‑acre nearly cleared lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -81.914625
    Latitude
    26.656675

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    FAQs

    What type of property is this?
    Land - 6.95 Acres, Prime Location, CT Zoning
    Where is this land located?
    The property is located at 4820 Orange Grove Blvd North Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: Exceptional Investment Opportunity!; 6.95-acre nearly cleared lot.;
    (239) 489-3600
    Request Owner's contact information
    4820 Orange Grove Blvd 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
    4820 Orange Grove Blvd North Fort Myers, FL 33903
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