3280 Colonial Blvd Fort Myers, FL 33966
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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