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    OFF-MARKET
    Land

    0 Estero Pkwy, Fort Myers, FL 33967

    4.25 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.25-acre parcel of land presents a remarkable investment opportunity in the thriving Estero, Florida market. Located on Estero Parkway, a high-traffic thoroughfare boasting 20,500 vehicles per day, this property is zoned CPD, allowing for a diverse range of commercial, retail, and office developments. The site's strategic location benefits from its proximity to significant residential developments, including the under-construction Portifino (466 units), Estero Oaks (280 units), The Reef (288 units), and Coastal Village (200 units), ensuring a robust and growing customer base. Further enhancing its appeal is its close proximity to Florida Gulf Coast University, driving additional foot traffic and potential clientele. The area also shows evidence of recent and planned commercial growth, with nearby self-storage facilities, a 7-Eleven, and future retail developments already underway. The high visibility and accessibility of this location, combined with the existing and planned infrastructure, make this a prime site for a variety of commercial ventures. With a total of 4.25 acres, this property offers ample space for substantial development, capitalizing on the significant growth and high traffic volume of Estero Parkway and its surrounding areas. The property's location on Estero Parkway and its proximity to Three Oaks (29,000 VPD) further underscores its exceptional potential for commercial success. The detailed permitted uses under the CPD zoning are available upon request. This is a rare opportunity to acquire a large, strategically located parcel in a rapidly expanding market. The asking price is $4,000,000.

    Property profile
    Verified
    Property type Land
    Lot 4.25 ac (185,130 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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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