19001 N. Tamiami Trail
North Fort Myers Development Opportunity
Marketing description
THE OPPORTUNITY:
• Currently home to a fully operational driving range and discount golf retailer.
• One of the last remaining sizeable development opportunities in the high-growth market area of North Fort Myers
• Future land use allows for densities of 6 du/acre, with a maximum of 8 du/acre with the use of Greater Pine Island TDUs
• The local market has an exceptionally strong demand for RV, manufactured home, apartment, and townhome style communities.
• The current fully stabilized income producing building provides an opportunity to offset entitlements and development costs.
• Direct frontage on US-41 and located within a 5-minute drive to Publix, retail centers, golf courses, and schools.
• Opportunity to purchase the rear 26.74± acres only, excluding the commercial frontage, for a reduced price.
POTENTIAL PARCEL SPLIT:
• Seller is willing to subdivide the property to allow for a sale of the rear 26.74± acres only, for a price of $5,450,000 (or $203,815/acre).
• Seller to grant shared access from Tamiami, to be arranged.
• Seller to allow for signage on Tamiami frontage, to be arranged.
• Possession of the 2.09± acre commercial frontage and related incomes to stay with current owner.
VIDEO OM: https://www.youtube.com/embed/GOtLJ6CQHp8?si=x70BHYFl0i-psBFk
Investment highlights
LOCATION HIGHLIGHTS:
• 1.2± miles to Del Prado Blvd.
• 4.5± miles to Pine Island/Bayshore Road
• 7.3± miles to Downtown Fort Myers
• 9.5± miles to I-75
• 14± miles to Burnt Store Marina
• 16.6± miles to Punta Gorda
• 18.2± miles to Pine Island
• 21.9± miles to Fort Myers Beach
• 23.1± miles to Southwest Florida International Airport (RSW)
• 25± miles to Sanibel Island
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