3851 COLONIAL BLVD, FORT MYERS, FL 33966

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For Sale $15,000,000.00 - Land

Prime location for Mixed Use Development site, Hotel, ALF, and or Shopping Center, and permitted for 35 units per acre- 1400 dwelling units. 61,000 cars per day, fronting a 6 lane hwy, B-1 General Commercial which provides access on two of Fort Myers’ busiest thoroughfares, Winkler Ave. & Colonial Blvd. Adjacent and across to the site will be new gated communities already underway and construction, and other similar multifamily developments to better support more MF or mixed use development being in the heart of Fort Myers, and within minutes to I-75/ Exit 136. Upon request, development costs and ROI breakdowns. Welcoming Developers & Investors. Seller will consider holding 50%. Inclusive due diligence report, mitigation credits already paid in full, along with a development breakdown and summary upon request as well as Phase 1 Environmental report.

$8/PSF! 1,742,400 SF/LAND

Fronting a 6-lane highway, B-1 General Commercial that provides access on two of Fort Myers’ busiest thoroughfares, Winkler Ave. & Colonial Blvd, this property is a great location to develop mixed-use infrastructures (assisted living facility, recreational center, commercial activity center and more) that will serve the entire neighborhood as well as the commuters plying the high way daily.

There are three mega residential home development projects within walkable distance to the property. One of these development projects is a 70 acres plot on the left-hand side of the property, which has been earmarked for building over 250 residential homes and commercial real estate. Adjacent to the 40 acres, across the highway is the Lindsford development and Sister residential home development projects. Both projects are underway and will produce new-gated communities when complete.

With these residential real estate developments, undoubtedly, there will be a high demand for services normally required by families, working individuals, as well as children living in a neighborhood. This potential demand creates an opportunity for commercial activity centers. Our 40 acres has the size capacity for any public service infrastructure from hospitals to ultra-modern malls, family parks, business complex, and more. It is a question of what you want to develop. Even so, any development project on the property should be geared towards setting up infrastructure to better support Multi-Family residents or mixed-use properties.

This property is a viable investment option that can turn in a good ROI within a considerable timeframe.  What makes the property so valuable is the environment in which it is located. Beyond having a great demand for a service/product as well as a sound marketing strategy, business location is a critical factor that can determine the traction a business gets, which invariably translates to the amount of profit possible. Therefore, owning property in a commercially viable location is almost a foolproof strategy to success.

A property with all these characteristics is a financial gold mine for you. Do not miss this opportunity; it is currently selling for $15,000,000 ($8/PSF). Contact us now via email or phone call for a personal discussion.


PROPERTY FEATURES:

Property Type: B-1 Commercial General/Multifamily

Lot Size: 40 +/- AC

Elevation: 5 Feet

Lot Description: Oversized with 6 separate parcels

Parcel ID: 32-44-25-P4-00069.0000

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