Technical
Financial
Distress signals
Property profile

3280 Colonial Blvd Fort Myers, FL 33966

OFF-MARKET
Land
Property ID
US19-0690763
55.67 ac lot
Entity Owned 9-yr Hold
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Property summary

AI-generated overview

This exceptional 55.67+/- acre site, located at 3280 Colonial Blvd in Fort Myers, Florida (zip code 33966), presents a remarkable investment opportunity. Priced at $54,900,000 ($20.58/sq ft), this cleared and partially filled land is zoned CG & PUD (City of Fort Myers) and offers significant development potential. Its strategic location provides direct access to Colonial Blvd, Metro Pkwy, and Plantation Rd, ensuring excellent visibility and convenient access. The property boasts a pre-approved Backbone Water Management system, complete with an onsite retention and outfall structure, facilitating vertical development with existing City of Fort Myers permits. Currently utilized for cattle grazing, this land benefits from an Agricultural Classification of Lands. The property's APN is 06-45-25-P1-00002.0220 06-45-25-P2-00002.0000 06-45-25-P2-00002.0160 & 0200 06-45-25-P2-00002.0210 & 0220 06-45-25-P2-00006.0010. Its ideal characteristics make it suitable for a variety of uses, including a master-planned community incorporating commercial/industrial spaces, medical and office campuses, and residential apartments. This is a rare opportunity to acquire a large, well-situated parcel in a rapidly growing area of Lee County.

Property profile

Verified
Property type Land
Lot 55.67 ac (2,424,985 SF)
UPID US19-0690763

Cap rate & NOI

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

Location

3280 Colonial Blvd Fort Myers, FL 33966
Fort Myers metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

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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