Commercial Drive - UNDER CONTRACT

PROPERTY HIGHLIGHTS:

• Rare opportunity to acquire a large infill development site in the City of Fort Myers
• Access is derived from Commercial Drive with additional access potential from the lighted intersection at Winkler Rd. and Cleveland Ave.
• Located in the Cleveland Avenue redevelopment area allowing for potential tax increment financing and offsite storm water credits allowing for 100% utilization of site
• The property has a zoning classification of PUD
• Future Land Use allows for development potential of up to 25 units/acre (184 units)
• Property is in close proximity to Edison Mall and other large retail destinations

ZONING / FUTURE LAND USE:

• The property was zoned PUD (Planned Unit Development) in February of 1990 to allow for construction of an auto mechanic repair shop and self storage facility
• Due to the restrictive nature of this zoning, potential buyers should consider rezoning the property to a designation that allows for their specific use
• The property features 2 Future Land Uses, both of which allow for a multitude of commercial uses, including multi-family, retail, hotel, office, and limited light industrial
• Both the Traditional Community and the Corridor Commercial Future Land Use allows for a maximum density of 25 units per acre. Bonus density is also available and outlined in the City of Fort Myers land development code
• Land use attorney recommendations can be provided upon request to further outline potential future uses and the path to obtain them

LOCATION HIGHLIGHTS:

• 240± feet from US-41 and Edison Mall
• 3.0± miles from Downtown Fort Myers
• 5.0± miles from I-75
• 15± miles to Southwest Florida International Airport (RSW)