Development Opportunity

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1 Metro Parkway Fort Myers, FL For Sale Land Development Opportunity Winkler Avenue Center Pointe Drive Future 3-story medical building Lot 8 Asking Price: Lot 8 $770,000 PRESENTED BY: Dan Miller Director, Industrial and Land Services DIRECT DAN.MILLER@colliers.com BLUESTONE RIDGE OFFERING MEMORANDUM COLLIERS INTERNATIONAL P. 1

2 Table of Contents > EXECUTIVE SUMMARY...1 > PROPERTY INFORMATION Property Description...2 Photographs...3 Aerial...4 Location Maps...5 Conceptual Site Plan...6 This document has been prepared by Colliers International Southwest Florida for advertising and general information only. Colliers International Southwest Florida makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International Southwest Florida excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s) All rights reserved. CENTER POINTE DRIVE PROPERTY PROFILE COLLIERS INTERNATIONAL

3 EXECUTIVE SUMMARY Executive Summary This acre (+/-) site is prominently located within the heart of Fort Myers with convenient arterial access to all of Southwest Florida. Situated at the SW quadrant of Metro Parkway and Winkler Road on Center Pointe Drive. The parcel dimensions are approximately 400 of frontage on Center Pointe Drive. Benefitted with the amenities of a prestigious development of Metro Park, the site offers sidewalks along Center Pointe as well as excellent existing access to the roadways. Lot 8 Future 3 -story Medical Building Metro Parkway is a six lane North/South arterial roadway that extends across most of Lee County. Traversing 17 (+/-) miles of Lee County s business district, Metro is a significant Roadway. Colonial Bld, nearby, is an equally significant East/West 6 lane arterial that covers a similar distnace. Center Pointe Drive is an internal collector that provides full east/west movement access to Winkler Rd. Winkler is a four lane arterial that is an excellent alternative for our regional transportation needs. This location is strategic given the adjacent offices, well known employers, availability of labor, traffic curculation and infrastructure. Existing CI (commercial intensive) zoning provides for a comprehensive list of uses and includes office, medical, ALF, multifamily and many other possibilities. Existing entitlements include 192 units of multifamily development and lists an alternative of up to 150,000 SF of office product. While these offer immediate construction they also provide for tremendous flexibility of design and product mix to accommodate your project. The denisty multiplier for an ALF development would present an excellent opportunity to capture the dynamic need within the submarket. Positioned halfway between the main campus of Lee Memorial Hospital and the Gulf Coast Hospital facilities, either is just minutes away. Utilities, drainage and road access are stubbed to the site. With existing infrastructure this site is a logical infill development of great capacity. Located within the City of Fort Myers, the urban environment and availability of talented labor will make the site and this submarket a great benefit to the developer. The current waiver of City Impact Fees offers savings that when combined with the development qualities of the site and the excellent pricing will make this the preferred target for your project. CENTER POINTE DRIVE PROPERTY PROFILE P. 1

4 PROPERTY INFORMATION Property Description This two fully developed lot is the Metro Park development and ready for construction. The diverse list of permitted uses, excellent location and access will be suitable for your project. The site is cleared, partially filled and benefitted by a master drainage system with adjacent lakes. Road right of way includes utilities, sidewalks, street lighting and mature landscaping. OFFERED PRICE Lot 8 $770,000 PROPERTY ADDRESS 2890 Center Pointe Drive Fort Myers, FL LOCATION > Situated between Colonial Blvd and Winkler Avenue, Center Pointe connects Winkler and Metro Parkway > This location serves the regional market and is positioned between Cape Coral and Lehigh, in the heart of Fort Myers > 1.3 miles west to US 41 > 3.2 miles to Interstate 75 TOTAL LAND AREA 4.352± Acres ZONING C1 (Commercial Intensive) zoning allows a broad range of alternatives APPROVED USES > Office / Medical / ALF / Day Care > Vet / Animal Hospital / Kennel > Church / School / Recreational / Club > Restaurant / :ounge / Bar > Hotel / Tetail / Storage > Mini-Warehouse > Multi-Family / Town House > Apartments DUE DILIGENCE AVAILABLE > Updated Survey > Title Information & Supporting Doc > Updated Phase I Environmental Audit > Subsurface Soil/Foundation Report JUSRISDICTION City of Fort Myers Parcel # P NEIGHBORS > School District of Lee County administrative office (328,565 sf) > Bank of America > Association of Realtors offices > Courtyard by Marriott > Villas at Venezia Phase I > Five adjacent, multi-story office buildings totaling 328,534 SF UTILITIES Serviced with all utilities stubbed to the site: > City of Fort Myers water & sewer > Florida Power & Light > TECO Gas > Comcast > Century Link CENTER POINTE DRIVE PROPERTY PROFILE P. 2

5 PROPERTY INFORMATION Property Photos CLOCKWISE FROM TOP: Close view looking north View looking north View looking south View looking southwest CENTER POINTE DRIVE PROPERTY PROFILE P. 3

6 PROPERTY INFORMATION Property Aerial Cape Coral Downtown Fort Myers Winkler Avenue Metro Parkway Heart Institute Center Pointe Drive NORTH CENTER POINTE DRIVE PROPERTY PROFILE P. 4

7 PROPERTY INFORMATION Location Maps SUBJECT SUBJECT CENTER POINTE DRIVE PROPERTY PROFILE P. 5

8 PROPERTY INFORMATION Conceptual Site Plan Based on 25 dwelling units / acre D L SO Alternate Site Plan Existing entitlements of 128 units D L SO CENTER POINTE DRIVE PROPERTY PROFILE P. 6

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