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    20388 Tamiami Trl North Fort Myers, FL 33903

    Sponsored
    For Sale
    $310,000

    Prime 1.54-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 1.54-acre commercial land parcel, located at 20388 N Tamiami Trail in North Fort Myers, Florida (zip code 33903), presents a unique investment opportunity. Zoned C-1 Commercial, this property boasts approximately 390 feet of frontage on US 41, a major thoroughfare experiencing significant residential and commercial growth. The site is strategically positioned just south of Heron's Glen and north of Magnolia Landing, a large-scale residential development currently underway by D.R. Horton. This prime location offers excellent visibility and accessibility. The property's APN is 05-43-24-01-00032.0010. The asking price is $310,000, translating to approximately $4.62 per square foot. An adjacent 3.9-acre parcel is also available. This property is perfect for developers seeking to capitalize on the area's rapid expansion and high demand for commercial space. The total square footage is approximately 67,080 square feet. Lee County location offers access to a strong local economy and growing population.

    Property Features for 20388 Tamiami Trl

    General Information

    Property type
    Land
    Lot Size
    67,082 SF

    HighLights

    • 1.54± Acres (67,080± SF) commercial lot in North Fort Myers, FL.
    • $310,000 asking price, $4.62/SF.
    • 390' of frontage on US 41 (Tamiami Trail).
    • C‑1 Commercial zoning.
    • Located near major residential developments.
    Property Profile 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
    -81.925751
    Latitude
    26.761707

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    FAQs

    What type of property is this?
    Land - Prime 1.54-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 20388 Tamiami Trl North Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $310,000.
    What are key features of this property?
    This property features: 1.54± Acres (67,080± SF) commercial lot in North Fort Myers, FL.; $310,000 asking price, $4.62/SF.; 390' of frontage on US 41 (Tamiami Trail).
    (239) 425-6000
    Request Owner's contact information
    20388 Tamiami Trl 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
    20388 Tamiami Trl North Fort Myers, FL 33903
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