0 Alico Rd Fort Myers, FL 33908
Prime retail development opportunity in Fort Myers, Florida. Five available parcels ranging from 1.33 to 7 acres at the high-traffic intersection of US-41 and Alico Road, offering excellent visibility and accessibility. These parcels are zoned CPD and are ready for development, with utilities stubbed, stormwater management in place, and shared roadways. The master developer's plan allows for up to 200,000 square feet of commercial space, a 150-room hotel, and up to 350 residential units. The site benefits from proximity to major thoroughfares, including I-75 and Southwest Florida International Airport, as well as a variety of retailers and an industrial/manufacturing park. A traffic signal provides easy access for northbound and eastbound traffic. Purchase, lease, and build-to-suit options are available. The northern parcel, approximately 1.5 to 2 acres, has a concept plan for a 10,000 square foot retail building, subject to change. The southern parcel includes four outparcels. Permitted uses include commercial, retail, restaurant, and medical. APN: 06-46-25-00-00011.0000. Located in Lee County, FL, zip code 33908.
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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
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Risks
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