Listed by LSI Companies
$13,500,000
Pinnacle Center 22
Details
APN 23-45-25-01-00027.0000, 23-45-25-01-00029.0000, 23-45-25-01-00036.0000, 23-45-25-01-00037.0000, 23-45-25-00-00006.0050
Property Type Land
Sub Type Commercial, Mixed-use
Acreage 22.290
Zoning CT/AG-2
Mixed-Use Development Opportunity in Fort Myers, Florida
Investment highlights
- Highly visible 22± acre development site in the highly populated growth corridor near I-75 and SWFL International Airport
- The front 14.75± acres of the site is zoned Commercial Tourist, which allows for a variety of uses including: hotel, ALF, storage, commercial/retail, medical office, general office, and others (strong potential for industrial with a rezoning). The rear 7.54± acres is zoned AG-2 and will require a rezone as appropriate
- Under the Live Local Act, opportunity for multi-family development of 14 units/ acre, a total of 206 units on the front 14.75 acres. The rear parcel is zoned AG-2 and does not qualify for Live Local without a rezoning
- Rental rates from other projects in the area demonstrate feasibility for a Live Local project in this location
- Plans for the site contiguous reroute Saddle Road with a connection to Daniels Parkway
- The Tradeport Future Land Use designation encourages uses such as light manufacturing, distribution, warehousing, laboratories or airport related transportation activities, hotel, motel and others
Listing Contacts
Listed by LSI Companies
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?















