Current Use by Public Records
- Land
Property Details for 0 Tuckers Grade
- Lot size
- 20.00 lot acres
- Property type
- Land
Description
This exceptional 20-acre land parcel in Punta Gorda, Florida, presents a unique multifamily development opportunity. Located on Tuckers Grade, this site is strategically positioned at the intersection of US-41 and I-75, offering unparalleled access for commuters traveling between Naples and Tampa. Zoned PD, this property is part of the Tuckers Pointe Planned Development, a master-planned community slated to include 1389 residential units, with 354 lots anticipated for delivery by Fall 2023. The site boasts convenient access via Tuckers Grade at the I-75 interchange (Mile Marker 158) and utilities are available at the property line. Off-site stormwater management maximizes usable development area. This prime location is just 6.5 miles from Historic Downtown Punta Gorda and 5 miles from Punta Gorda Airport, with Fort Myers and its airport within a short driving distance. Punta Gorda's inclusion in Business Insider's top 5 fastest-growing US cities underscores the exceptional growth potential of this investment. The development plan includes 38 acres of commercial space along Tuckers Grade, further enhancing the area's appeal. This is a rare chance to capitalize on the burgeoning residential market in a rapidly expanding city. The site is ideally suited for a 300-unit multifamily development, catering to the growing demand for housing in this desirable location.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Punta Gorda
- County
- Charlotte
- State
- Florida
- Longitude
- -81.9754
- Latitude
- 26.8583
