5350 dr. mlk jr. boulevard & ortiz avenue, …...fort myers, fl 33966 1100 fifth ave. s, suite...

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LOT PARCEL ID GROSS ACRES USEABLE ACRES FLOOD ZONE REAL ESTATE TAXES 1 22-44-25-P4-00063.0000 44.42± 47.67± X $15,625 2 28-44-25-P2-00001.0000 53.85± 50.55± X $39,615 3 27-44-25-P1-00060.0000 60.73± 0.00± X $3,069 TOTALS 159± 98.22± $58,310 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 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 1.1 MILE I-75 FRONTAGE EXIT 138 159± ACRES FOR SALE 5350 DR. MLK JR. BOULEVARD & ORTIZ AVENUE, FORT MYERS, FL 11/09/16 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. PRICE: $7,200,000 ($1.04 PSF Gross / $1.68 PSF Useable) LAND SIZE: Estimated 159 acres total; 98.22± acres useable ACCESS: Via Ortiz Avenue & full median cut on MLK Jr. Boulevard ZONING: PO - Professional Office (City of Fort Myers) FUTURE LAND Corridor Commercial (CC) FAR = 3 PLAN: Traditional Community (TC) FAR = 2 DENSITY: Maximum allowed density of (16) residential units per acre. UTILITIES: Water / Sewer - City of Ft. Myers Utilities, Electric - FPL EASEMENT: 100 foot FPL easement runs across the Ortiz parcels 1 3 2 LUTHER KING JR BLVD ORTIZ AVE LEE COUNTY CORRECTIONAL FACILITIES N PROMENADE AT THE FORUM (402 UNITS) EASTWOOD GOLF COURSE COLONNADE AT THE FORUM DR MARTIN PROPOSED EXTENSION OF HANSON ST AND EDISON AVE TO ORTIZ AVE APPROVED, BUT NOT SCHEDULED Future Mixed-Use EDISON AVE 100 Foot FPL Easement COLONIAL BLVD HANSON ST VERONICA SHOEMAKER BLVD EXIT 138 EXIT 136 PROPOSED RONTO GROUP COMMUNITY 410 ACRES 2,000 UNITS

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Page 1: 5350 DR. MLK JR. BOULEVARD & ORTIZ AVENUE, …...Fort Myers, FL 33966 1100 Fifth Ave. S, Suite 100 Naples, FL 34102 11 MILE I FRONTAGE EXIT 1 159± ACRES FOR SALE 5350 DR. MLK JR

LOT PARCEL ID GROSS ACRES

USEABLEACRES

FLOOD ZONE

REAL ESTATE TAXES

1 22-44-25-P4-00063.0000 44.42± 47.67± X $15,625

2 28-44-25-P2-00001.0000 53.85± 50.55± X $39,615

3 27-44-25-P1-00060.0000 60.73± 0.00± X $3,069

TOTALS 159± 98.22± $58,310

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

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

1.1 MILE I-75 FRONTAGE EXIT 138159± ACRES

FOR SALE 5 3 5 0 D R . M L K J R . B O U L E V A R D & O R T I Z A V E N U E , F O R T M Y E R S , F L

11/09/16

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.

PRICE: $7,200,000 ($1.04 PSF Gross / $1.68 PSF Useable)

LAND SIZE: Estimated 159 acres total; 98.22± acres useable

ACCESS: Via Ortiz Avenue & full median cut on MLK Jr. Boulevard

ZONING: PO - Professional Office (City of Fort Myers)

FUTURE LAND Corridor Commercial (CC) FAR = 3 PLAN: Traditional Community (TC) FAR = 2

DENSITY: Maximum allowed density of (16) residential units per acre.

UTILITIES: Water / Sewer - City of Ft. Myers Utilities, Electric - FPL

EASEMENT: 100 foot FPL easement runs across the Ortiz parcels

1

32

LUTHER KING JR BLVD

OR

TIZ A

VE

LEE COUNTY

CORRECTIONALFACILITIES

N

PROMENADE AT THE FORUM

(402 UNITS)

EASTWOOD GOLF

COURSE COLONNADE AT THE FORUM

DR MARTIN

PROPOSED EXTENSION OF HANSON ST AND EDISON AVE

TO ORTIZ AVE APPROVED, BUT NOT SCHEDULED

Future Mixed-Use

EDISON AVE

100 Foot FPL Easement

COLONIAL BLVD

HANSON ST

VER

ON

ICA

SH

OEM

AK

ER B

LVD

EXIT 138

EXIT 136

PROPOSED RONTO GROUP

COMMUNITY410 ACRES

2,000 UNITS

Page 2: 5350 DR. MLK JR. BOULEVARD & ORTIZ AVENUE, …...Fort Myers, FL 33966 1100 Fifth Ave. S, Suite 100 Naples, FL 34102 11 MILE I FRONTAGE EXIT 1 159± ACRES FOR SALE 5350 DR. MLK JR

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

CREwww.creconsultants.com

1.1 MILE I-75 FRONTAGE EXIT 138159± ACRES

FOR SALE

stan stouder, CCIMFounding Partner239.481.3800 [email protected]

CONTACT

5 3 5 0 D R . M L K J R . B O U L E V A R D & O R T I Z A V E N U E , F O R T M Y E R S , F L

11/09/16

100 FOOT FPL EASEMENT

AREA OVERVIEW

This central location with miles of road frontage works well for retail, light industrial and office uses.

Conveniently located 2 miles north of Colonial Boulevard, 12 miles north of RSW International Airport and 5 miles east of downtown Fort Myers. Lee County houses three correctional facilities south & adjoining the subject parcels.

West of Subject

Ground clearing is almost finished for a Ronto Group residential community of up to 2,000 units on the 410-acres at Dr. Martin Luther King Jr. Boulevard and Ortiz Avenue in Fort Myers.

Approximately 44 acres along Dr. Martin Luther King Jr. Boulevard, north of the Ronto project is proposed Mixed-Use.

East of I-75

• The Forum: Mixed use residential community featuring condos and single-family homes with a variety of national retail and restaurants adjacent

• Promenade at The Forum: Gated community of 402 single-family homes built by Ryland Homes

• Colonnnade at The Forum: Gated townhome community with views of the lake and Six Mile Cypress Slough

• Eastwood Golf Course: Par 72, owned and operated by the City of Fort Myers comprising over 150 acres

FUTURE LAND USE

Corridor Commercial (CC) Parce1: 21%

Traditional Community (TC) Parcel 1: 79% Parcel 2: 100% Parcel 3: 100%

FRONT FEET

� I-75: 5,871±

� Dr. MLK Jr. Blvd.: 569±

� Ortiz Avenue: 2,645±

CONCEPTUAL SITE PLAN

2016 DEMOGRAPHICS 1 MILE 3 MILES 5 MILESEST. POPULATION 2,333 37,518 98,468

EST. HOUSEHOLDS 296 12,804 37,975

EST. AVERAGE HOUSEHOLD INCOME $64,707 $53,045 $60,739

TRAFFIC COUNTS (2015)33,000 AADT (Dr. MLK Jr. Boulevard)

14,600 AADT (Ortiz Avenue)