19001 N Tamiami Trail, North Fort Myers, FL 33903

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