IRC INTERNATIONAL REALTY CORPORATION
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1 Rental Rate: $16/SF 3480 Pelican Colony Blvd., Estero, Florida IRC INTERNATIONAL REALTY CORPORATION 3838 Tamiami Trail North, Suite 416 Naples, FL (P)
2 PROPERTY DETAILS Property Description: The property is improved with a one-story, above-average-quality, office building originally constructed in 1997, the property is not occupied. The interior area has numerous large rooms, a kitchen space, office, lobby area, and numerous bathrooms. The flooring consists of carpet, ceramic tile and laminate wood. The walls are painted and have decorative wood paneling. The interior doors are painted wood and the exterior doors are glass pane commercial entry doors. Property Location: The property is located on the northwest corner of Pelican Colony Blvd (local, 4-lanes, paved, divided) and Walden Center Drive (local, 2-lanes, paved, undivided), with typical exposure to traffic passing by the parcel. This property is at the north entrance of Pelican Landing and across US 41 from Coconut Pointe. Physical features: The property, with the exception of the lake, is generally cleared and graded and more or less level with adjacent roads and properties. Drainage on the property, as well as in other areas, is adequate and is primarily serviced by underground storm sewer and retention pond on the northern portion of the property. Utilities: The property has full utilities. The property has electricity provided by Florida Power and Light, telephone service provided by Century Link and central water/sewer provided by Bonita Springs Utilities. Flood Zone: The property is not located in a flood hazard area, as indicated by the Federal Emergency Management Agency Maps. The property is located within Flood Zone X as found on Flood Map Panel ID #12071CO593F, as of 28 August Properties located within this area are not typically required to purchase flood insurance under most financing situations. This property is not located in a FEMA FIRM Floodway. Easement, Encroachments etc.: The property is subject to a 100 Florida Power and Light power line and lift station easement on the western portion of the subject parcel, as recorded in Official Records Book 2642, Pages 3141 through 3146 of the public records of Lee County, Florida. There are no other known adverse restrictions, encumbrances, leases, reservations, covenants, Rental Rate $16/SF Year Built 1997 Lease Type NNN Parking 30 parking spot Lot Size 2.85 acres (1 acre is retention lake/pond, 14,000 square feet is encumbered by a Florida Power and Light easement) Zoning CPD / Urban Community Gross Building Area 6,429 SF Property Tax ID E3-U Net Building Area 6,310 SF
3 IMPROVEMENT CHARACTERISTICS Exterior Walls/Foundation/Roof: The exterior walls consist of stucco covering over a concrete block frame. The foundation is a monolithic concrete slab with vapor barrier on compact fill and concrete stemwall footings. The roof of the building consists of a concrete tile covering with bitumen underlayment over a wood frame roof structure. Interior Improvements: The property was originally built as WCI sales office for Pelican Colony; however, the property has been utilized as a day-care facility for the last 10+ years. Although the layout of the property is for a day-care use, the design of the building would be suitable for professional office use with some minor interior alterations. The interior finish is described as follows: The interior area has numerous large rooms, a kitchen space, office, lobby area and numerous bathrooms. The interior doors are painted wood, while the exterior doors are glass pane commercial entry doors and hollow-case steel doors. Electrical, Plumbing and A/C System: There are adequate electrical, plumbing and air conditioning facilities throughout the building. Other Site Improvements: The site improvements on the property consist of asphalt paved parking area of roughly 13,700 square feet (30 parking spaces and 1 space per 210 square feet) on the south side of the building. The site has also chain-link and vinyl fencing, as well as native landscaping. Functional/External Obsolescence: There is no functional or external obsolescences present. Size of Building:
4 ANNUAL PROPERTY TAX AND ASSESSED VALUES LEGAL DESCRIPTION Assessed Value, Taxes and Assessments: The property does not benefit from any homestead exemptions or agricultural classification. The ad valorem taxes and annual assessments due for each period are exclusive of any early payment discounts or late payment penalties. There are no known atypical outstanding assessments. Included in the 2016 taxes and assessments is the Bayside Improvement CDD assessment of $3, and a Lee County Solid Waste Assessment of $ Exhibit A A parcel of land located in Section 9, Township 47 South, Range 25 East, Lee County, Florida, being more particularly described as follows: BEGIN at the Southerlymost corner of Tract A. (North Commons Drive, a 60 foot wide right of way), as shown on the plat of PELICAN LANDING UNIT TWENTY-TWO, recorded in Plat Book 58, at pages 17 through 21of the public records of Lee County, Florida, and being a point on the Northerly right-of-way line of Pelican Colony Boulevard, (Tract A, a 120 foot wide right of way), as shown on the plat of PELICAN LANDING UNIT NINETEEN, recorded in Plat Book 55, at pages 36 through 38 of the public records of Lee County, Florida, also being a point on a circular curve concave to the Northeast whose radius point bears N 19 05' 14 ' E, a distance of feet therefrom; thence run Northwesterly along the Easterly right-of-way line of said North Commons Drive and along the arc of said curve to the right, having a radius of 30 feet through a central angle of 82 19' 38, subtended by a chord of feet at a bearing of N 29 44' 57 ' W, for an arc length of feet to a point of reverse curvature; thence run Northerly along the Easterly right-of-way line of said North Commons Drive and along the arc of said curve to the left, having a radius of feet, through a central angle of 09 50' 12, subtended by a chord of feet at a bearing of N 06 29' 46 ' E, for an arc length of feet to the end of said curve; thence run N 68 33' 45 ' E for a distance of feet; thence run S 63 14' 54 ' E for a distance of feet; thence run S 26 45' 05 ' W for a distance of feet to the beginning of tangential circular curve concave to the Northwest; Thence run Southwesterly along the arc of said curve to the right; having a radius of feet, through a central angle of 95 12' 58, subtended by a chord of feet at a bearing of S 74 21' 34 ' W, for an arc length of feet to a point of compound curvature and a point on the Northerly right-of-way line of said Pelican Colony Boulevard; Thence run Northwesterly along the Northerly right-of-way line of said Pelican Colony Boulevard and along the arc of said curve to the right, having a radius of feet, through a central angle of 07 45' 20, subtended by a chord of feet at a bearing of N 54 09' 17 ' W, for an arc length of feet to a point of reverse curvature; thence run Northwesterly along the Northerly right-of-way line of said Pelican Colony Boulevard and along the arc of said curve to the left, having a radius of feet, through a central angle of 20 38' 09, subtended by a chord of feet at a bearing of N 60 35' 42 ' W, for an arc length of feet to the end of said curve and the POINT OF BEGINNING. Bearings refer to the Westerly line of the proposed Walden Center Drive as being S 26 45' 05 ' W.
5 FUTURE LAND USE The property has a designated future land use categorization, as follows: This future land use designation was originally approved within the unincorporated area of Lee County. The property is located within the Village Estero which is newly formed municipality within Lee County. The Village of Estero has not published a comprehensive plan yet, and currently most properties are still designated according to the Lee County Comprehensive Plan: Further details for the aforementioned future land use classifications are set forth in the Comprehensive Plan and the reader is encouraged to review these if further detail is required. Building allows medical use
6 LOCATION & REGIONAL MAPS
7 LOCATION & REGIONAL MAPS
8 FLOOR PLAN
9 PROPERTY PHOTOS
10 PROPERTY PHOTOS IRC INTERNATIONAL REALTY CORPORATION 3838 Tamiami Trail North, Suite 416 Naples, FL (P)
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