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Land - Multi - Family
The Villas At Emerson Square
Emerson Square Boulevard
Fort Myers, FL 33908
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- Proposed plan for 268 units
- Within Centex Homes Emerson Square Residential Development
- Strong need for rental apartments
- Strong demand for 55+ community/ independent living facility
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- 26.28 acres right on Emerson Square Boulevard
- Off of US 41, a major artery in Fort Myers
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Price |
$10,302,813 |
Down Payment |
(100%) $10,302,813 |
Lot Size (SF) |
1,144,757 |
Price Per SF |
$9.00 |
Lot Size (Acres) |
26.28 |
Price Per Acre |
$392,040 |
Buildable SF |
856,017 |
Price per Buildable SF |
$12.04 |
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Assessor's Parcel Number |
07-46-25-00-00005-0030 |
Zoning |
Commercial |
Frontage |
US Highway 41 |
Utilities |
Electric / Water / Sewer |
Adjacent Development |
Centex Homes Emerson Square |
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This 26.28 Acre piece of property lies on Emerson Square Boulevard off of US 41. US 41 is a major artery in Fort Myers. Fort Myers is an increasingly growing market, attracting new business through tax and employment incentives. The population growth is expected to exceed absorption rates. This location is ideal for multi-family. The proposed multi-family plan offers 268 total units. The properties surrounding the subject are of new construction. As new office and medical facilities are built in the surrounding areas there will be a need for affordable residential units.
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| Listing Office:
5201 Blue Lagoon Drive Suite 100 Miami, FL 33126
Tel: (786) 522-7000
Fax: (786) 522-7010
www.marcusmillichap.com |
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| This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. © Marcus & Millichap 2006 |
| (Activity ID: N0240002 Property ID: 1430609) |
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| The representations contained on this internet page are provided based on information deemed reliable. However, the same has not been independently verified. Prinicpals are advised to conduct a thorough due dligigence for any potential transaction. Marcus & Millichap Real Estate Brokerage Company's name and logo are used herein for information purposes only. |
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| Copyright 2006 South Florida Land Broker, Inc. - All Rights Reserved. |
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