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    OFF-MARKET
    Land

    17201 Mcdowell Dr, North Fort Myers, FL 33917

    22.23 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 22.23-acre commercial land parcel in North Fort Myers, Florida, presents a unique investment opportunity. Located on the I-75 diamond interchange, this property boasts unparalleled visibility from both northbound and southbound traffic. The site is strategically positioned adjacent to a high-traffic Love's Travel Stop and a Lee County-owned park. Approved zoning (CPD) allows for diverse development scenarios. Scenario A includes up to 600 RV storage units with optional canopies or 293,000 SF (or 240,000 SF) of general commercial use. Scenario B allows for a mix of commercial (up to 50,000 SF), multi-family (161 units), and/or assisted living (105 units). Wetlands and stormwater retention plans are complete, leaving 19.4 acres of usable land. The surrounding area is primarily vacant land and residential development, indicating strong future growth potential. The property's APN is 21-43-25-00-00007.0000. The asking price is $11,620,065. Comprehensive due diligence materials, including entitlements, environmental and geotechnical reports, survey, and title information, are available. This is one of the last available I-75 parcels on a diamond interchange, making it a truly rare and valuable acquisition. The address is 17201 McDowell Dr, North Fort Myers, FL 33917.

    Property profile
    Verified
    Property type Land
    Lot 22.23 ac (968,339 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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