12580 Treeline Ave Fort Myers, FL 33913
This exceptional 114.31-acre parcel, located at 12580 Treeline Ave in Fort Myers, Florida (zip code 33913), presents a unique opportunity for mixed-use development. The property is zoned PUD (Planned Unit Development) and offers approved plans for a substantial project. Development plans allow for up to 487 residential dwelling units and 100,000 square feet of commercial space. This includes a maximum of 50,000 square feet of non-office commercial use, 25,000 square feet for medical offices, and another 25,000 square feet for non-medical office space. The land is held in fee simple ownership. Its strategic location provides strong access to Interstate 75 and Southwest Florida International Airport, placing it within a 15-minute drive of major employment centers, retail, and services in downtown Fort Myers. The surrounding area boasts a high median household income (over $88,000) and net worth (over $500,000) within a 3-mile radius, supporting the viability of proposed rental rates. Convenient proximity to Gulf Coast Town Center (featuring Target, Costco, and numerous restaurants) and JetBlue Park (Boston Red Sox spring training) further enhances the property's appeal and potential. This is a rare opportunity to acquire a large, well-located parcel with approved plans for a significant mixed-use development in a thriving Florida market. Asking price is $27,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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