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    OFF-MARKET
    Land

    0 Metro Pkwy, Fort Myers, FL 33916

    204,732 SF 4.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Total area 204,732 SF
    Lot 4.7 ac (204,732 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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