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5.17 Acres Lot
$ 4,500,000
Est. payment | /mo
5.17 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 222066141
HOA Y/N No
Originating Board Naples
Annual Tax Amount $15,733
Tax Year 2021
Lot Size 5.170 Acres
Acres 5.17
Property Description
Former De Lasalle Academy private school site in which classes were held in portable units. The site is improved, and high and dry, with all infrastructure available and is built-in. Front 1.5 acres can be purchased for $1,200,000 and rear 3.67 acres for $3,500,000. It is currently being leased to a general contractor for construction material storage while they construct a multi-family project across the road. Their lease started in May 2022 and will expire in May 2023, with a month-to-month arrangement thereafter. The rent is currently $4,500/Month Gross but will increase to $5,000/Month Gross after May 2023. The Property is zoned Apaloosa Lane CPD, which allows a 140-room hotel and 30,000 SF Office/Retail Use. Alternatively, the site can be used for 60,000 SF Office/Retail use with no hotel use. .
Location
State FL
County Lee
Area Not Applicable
Zoning CS-1
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront No
Waterfront Description None
View Y/N Yes
Present Use 10-Vacant Commercial
Street Surface Paved
Garage No
Building
Lot Description Corner Lot, See Remarks
Water Central
New Construction No
Others
Senior Community No
Tax ID 21-45-25-01-00000.0300
Listed by CRE Consultants LLC • Fred Kermani
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Sharon D. Cowie
Real Estate Advisor - Broker Associate | Lic# BK3358410