C cial R E C LLC FOR SALE · UTILITIES: Water: 12” WM along the west side of US 41 Sewer: 20”...

N S5 S7 Heron’s Heron’s Glen Glen Pine Lakes Pine Lakes Country Country Club Club Lake Lake Fairways Fairways DURDEN PKWY DURDEN PKWY Commer c i a l R e a l E s t a t e C o n s u l t a n t s , L L C C o m m e r c i a l R e a l E s t a t e C o n s u l t a n t s , L L C CRE www.creconsultants.com stan stouder, CCIM Founding Partner 239.481.3800 x205 [email protected] CONTACT 12140 Carissa Commerce Ct, Suite 102 Fort Myers, FL 33966 1100 Fifth Ave. S, Suite 100 Naples, FL 34102 US 41 FRONTAGE - 1,109± ACRES 1,000+ RESIDENTIAL LOTS FOR SALE US 41 & DURDEN PARKWAY, CAPE CORAL & NORTH FORT MYERS, FL 33993 04/29/20 The information contained herein was obtained from sources believed reliable. CRE Consultants makes no guarantees, warranties or representations as to the completeness or accuracy thereof, and is subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. TOTAL ACREAGE: 1,109± • PROJECTED RESIDENTIAL ACRES: 600± PROJECTED # OF RESIDENTIAL LOTS: 1,000± PRICE PER RESIDENTIAL LOT: $ 6,500 VALUE OF RESIDENTIAL ACRES: $6,500,000 • PROJECTED COMMERCIAL ACRES: 150± PRICE PER ACRE: $30,000 VALUE OF COMMERCIAL ACRES: $4,500,000 • SUMMARY: Total Acreage: 1,109± Price Per Total Acreage: $ 9,919 Estimated Upland Acres: 518± Price Per Upland Acres: $21,236 Total Value: $11,000,000 COMP PLAN: MUP - 3D and MUP - 4D UTILITIES: Water: 12” WM along the west side of US 41 Sewer: 20” FM along the east side of US 41 US 41 FRONTAGE: 8/10ths of a mile MEDIAN CUTS: 3 These parcels are located across US 41 from the 1,300-unit Heron’s Glen and D.R. Horton’s 1,300-unit Magnolia Landing. It is believed that with rezoning these parcels could support up to 1,000 units or more. Seller will sell just the 600± residential acres, but prefers to sell all 1,109± acres. All but 2.33 acres of these 3 parcels are inside the Cape Coral city limits. Access to utilities on US 41 requires an Inter-Local agreement. Utilities at the property, 8/10 th of a mile US 41 frontage and discounted prices of under $10,000 per gross acre and $22,000 per upland acre makes this a NOW opportunity. DEVELOPMENT OPPORTUNITY *Subject to zoning and approval.

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Transcript of C cial R E C LLC FOR SALE · UTILITIES: Water: 12” WM along the west side of US 41 Sewer: 20”...

Page 1: C cial R E C LLC FOR SALE · UTILITIES: Water: 12” WM along the west side of US 41 Sewer: 20” FM along the east side of US 41 US 41 FRONTAGE: 8/10ths of a mile MEDIAN CUTS: 3

Heron’s Heron’s GlenGlen

Pine Lakes Pine Lakes Country Country

ClubClub

Lake Lake FairwaysFairways

EN P

DEN

C o m m e r c i a l R e a l E s t a t e C o n s u l t a n t s , L L CC o m m e r c i a l R e a l E s t a t e C o n s u l t a n t s , L L C

CREwww.creconsultants.com

stan stouder, CCIMFounding Partner

239.481.3800 [email protected]

CONTACT

12140 Carissa Commerce Ct, Suite 102 Fort Myers, FL 33966

1100 Fifth Ave. S, Suite 100 Naples, FL 34102

US 41 FRONTAGE - 1,109± ACRES1,000+ RESIDENTIAL LOTS

FOR SALE U S 4 1 & D U R D E N PA R KW AY, C A P E C O R A L & N O R T H F O R T M Y E R S , F L 3 3 9 9 3

04/29/20

The information contained herein was obtained from sources believed reliable. CRE Consultants makes no guarantees, warranties or representations as to the completeness or accuracy thereof, and is subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice.

TOTAL ACREAGE: 1,109±• PROJECTED RESIDENTIAL ACRES: 600± PROJECTED # OF RESIDENTIAL LOTS: 1,000± PRICE PER RESIDENTIAL LOT: $ 6,500 VALUE OF RESIDENTIAL ACRES: $6,500,000 • PROJECTED COMMERCIAL ACRES: 150± PRICE PER ACRE: $30,000 VALUE OF COMMERCIAL ACRES: $4,500,000• SUMMARY: Total Acreage: 1,109± Price Per Total Acreage: $ 9,919 Estimated Upland Acres: 518± Price Per Upland Acres: $21,236 Total Value: $11,000,000COMP PLAN: MUP - 3D and MUP - 4DUTILITIES: Water: 12” WM along the west side of US 41 Sewer: 20” FM along the east side of US 41US 41 FRONTAGE: 8/10ths of a mileMEDIAN CUTS: 3

These parcels are located across US 41 from the 1,300-unit Heron’s Glen and D.R. Horton’s 1,300-unit Magnolia Landing. It is believed that with rezoning these parcels could support up to 1,000 units or more. Seller will sell just the 600± residential acres, but prefers to sell all 1,109± acres. All but 2.33 acres of these 3 parcels are inside the Cape Coral city limits. Access to utilities on US 41 requires an Inter-Local agreement. Utilities at the property, 8/10th of a mile US 41 frontage and discounted prices of under $10,000 per gross acre and $22,000 per upland acre makes this a NOW opportunity.

DEVELOPMENT OPPORTUNITY

*Subject to zoning and approval.