8340 Bayshore Rd North Fort Myers, FL 33917
This exceptional 27.02-acre land assemblage in North Fort Myers, Florida, presents a unique investment opportunity. Zoned C-1/AG-2 (Lee County), this property offers flexibility for various commercial and industrial uses, as well as agricultural applications. Strategically located near the Bayshore Road I-75 interchange, it benefits from significant traffic flow and proximity to major transportation arteries, ensuring efficient logistics. The area is experiencing rapid growth, with over 1,900 residential units and substantial commercial development within a one-mile radius, including prominent businesses like Loves and RaceTrac. The property boasts approximately 900 feet of frontage on Bayshore Road and over 900 feet of frontage on the Seaboard Railroad, providing excellent access and visibility. Its location offers easy access to key economic centers like Fort Myers and Naples. Furthermore, its proximity to Babcock Ranch, a rapidly expanding community projected to include over 20,000 homes and 6 million square feet of commercial space, adds significant long-term value. The asking price is $11,529,892, and the property is available for sale as a whole or in individual parcels. This presents a compelling investment opportunity in one of Southwest Florida's fastest-growing regions, poised for substantial appreciation. The property is located at 8340 Bayshore Rd, North Fort Myers, FL 33917, and is approximately 1,000 square feet from Interstate 75.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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