10251 Arcos Ave Estero, FL 33928-3487
This exceptional investment opportunity presents buildable land in Estero, Florida, ideally situated on Arcos Avenue, just east of the intersection of Corkscrew Road and I-75. The property offers flexible development options, accommodating retail or office space ranging from 6,000 to 18,000 square feet. Additionally, plans allow for the construction of a hotel with up to 120 keys. The site benefits from a high-traffic location, boasting 36,500 vehicles per day on Corkscrew Road. Nearby developments include a soon-to-open Wawa and the upcoming Corsa Apartments, a 306-unit residential complex. The property is zoned CPD (Lee County), making it suitable for a variety of uses, including medical offices, drive-thrus, daycares, and restaurants. This high-growth market presents a compelling opportunity for investors seeking significant returns in a thriving area. The property's strategic location and flexible zoning provide exceptional potential for long-term growth and profitability. Contact us for pricing and further details.
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The Phoenix at Estero Nursing Home Retirement Community
The purpose of the Commercial Planned Development (CPD) District is to provide lands and development options to accommodate commercial and office development with amenities, along with multiple-family, townhouse, live/work, hotel/motel, health care facilities, and other limited institutional development. Flexibility is provided, with an expectation that deve…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CPD · Estero, FLThe purpose of the Commercial Planned Development (CPD) District is to provide lands and development options to accommodate commercial and office development with amenities, along with multiple-family, townhouse, live/work, hotel/motel, health care facilities, and other limited institutional development. Flexibility is provided, with an expectation that development quality will surpass what is otherwise achievable through the conventional zoning districts.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.