Technical
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Property profile

and US 41 Cor Of Williams Rd Estero, FL 33928

OFF-MARKET
Land
8.4 ac lot
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Property summary

AI-generated overview

This exceptional 8.4-acre commercial land parcel presents a remarkable investment opportunity in Estero, Florida. Strategically located at the southeast corner of Williams Road and US 41, this property enjoys unparalleled visibility and accessibility. Situated directly east of Hertz Corporation's expansive 250,000 square foot world headquarters, the site benefits from its proximity to major thoroughfares including Williams Road (with signalized access to US 41), Via Coconut Point, and Via Villagio. The property is zoned MPD (Mixed Use Planned Development) under Coconut Point DRI# 09-2001-153, allowing for significant development flexibility. Current entitlements permit up to 200,000 square feet of office space, with a building height limit of 45 feet, potentially increasing to 55 feet with specific setbacks from residential areas. The seller retains the right to review and approve or restrict the buyer's development plans. Multi-family use would necessitate a zoning amendment. Importantly, no additional transportation impact fees are required for development under the current entitlements. Water and sewer services are available on-site, and storm water management is handled through off-site storage. The legal description is Hertz Corporation Center as detailed in Instrument # 2016000060191 Lot 1 B1, Strap #: 04-47-25-E2-520000.1b10, within the jurisdiction of the Village of Estero. This prime location offers exceptional potential for a variety of commercial developments.

Property profile

Verified
Property type Land
Lot 8.4 ac (365,904 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

and US 41 Cor Of Williams Rd Estero, FL 33928
Estero metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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