Property summary
This exceptional 3.65-acre commercial land parcel presents a remarkable investment opportunity in Estero, Florida. Located at 10150 Arcos Avenue, this property boasts a highly desirable AE zoning designation, making it ideal for a variety of commercial developments. The site is strategically positioned along one of Estero's busiest intersections, offering unparalleled visibility and accessibility. Its proximity to the intersection of Corkscrew and Three Oaks ensures significant exposure to a substantial daily traffic volume. Furthermore, the land's location provides convenient access to Interstate 75, less than one mile away, further enhancing its appeal to businesses and customers. With an approved development order already in place, this "shovel-ready" site eliminates significant pre-development hurdles, allowing for a swift commencement of construction. The property's exceptional location is further underscored by its proximity to nearly 20,000 residences within a three-mile radius, guaranteeing a robust and readily available customer base. The asking price for this prime commercial land is $3,200,000. This represents a unique chance to acquire a highly sought-after commercial property in a rapidly growing area of Southwest Florida. Don't miss this opportunity to capitalize on the exceptional potential of this strategically located and fully permitted development site. The property's zip code is 33928, and it is situated in Lee County.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CPD CPD · Estero, FLZoning
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Zoning designation
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