0 Metro Pkwy, Fort Myers, FL 33916
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.