7701 Bayshore Rd, North Fort Myers, FL 33917
This exceptional 4.54-acre commercial land parcel in North Fort Myers, Florida, presents a unique investment opportunity. Located at 7701 Bayshore Rd, with APN 204325L30100B0000, the property is zoned CPD and boasts ACOE and SFWMD ERP permits. Approved for up to 60,000 square feet of commercial development (maximum 30,000 sq ft retail), it's strategically positioned adjacent to the new Del Webb Oak Creek and Seneca at Oak Creek age-restricted communities, benefiting from the significant residential growth in the Bayshore Road Corridor (over 23,000 planned units). The property enjoys excellent visibility and accessibility, situated less than a mile from the I-75 & Bayshore Road interchange and near a Publix-anchored shopping center. Per Lee County zoning ordinance Z-08-11A and amendments, permitted uses include general office, medical office, various retail options (convenience stores, drugstores, grocery stores, restaurants, etc.), drive-thrus, essential services, and more. Its prime location along the main corridor connecting Cape Coral to I-75 and Babcock Ranch, coupled with its proximity to amenities (3 minutes to Publix, 10 minutes to Walmart, 15 minutes to Downtown Fort Myers, 19 minutes to RSW, and 20 minutes to PGA airports), makes this a highly desirable investment. The asking price is $1,977,624.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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