Listing contacts

Rob Henry  

SVN | Lotus

(941) 366-1004

Active

Asking price: $6,590,000
Added: 2022-12-23 Updated: 2023-05-05

Info

Address 16501 Michael G Rippe Parkway
City Fort Myers
State FL
Zip Code 33912
County Lee
Total Lot Size 16.39 acres
Year Built
Property type Development Land

Details

APN # 06462500000030080 and 06462500000030050
Zoning Light Industrial - IL

Demographics

Median household income (5-mile radius) 56,263
Renters occupied (5-mile radius) 24 %
Num of competitors (5-mile radius) 31
Sq.Ft. per capita (1-mile radius) 103.37
5x5 unit average price $70
5x10 unit average price $108
10x10 unit average price $157

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Highlights

  • Address: 16501 MICHAEL G RIPPE PKWY, Fort Myers, FL 33912
  • Parcel ID: 06462500000030050 and 06462500000030080
  • Acreage: 16.39
  • Zoning: Light Industrial
  • Future Land Use: Urban Community

Description

The Subject Property offers an exceptional opportunity to own a prime piece of commercial real estate in South Fort Myers, Florida. Located at 16501 Michael G Rippe Parkway, this 16.39-acre vacant industrial land is a blank canvas poised for development. In the middle of current and future residential, commercial and industrial development the Subject Property is currently being utilized as pasture for cattle grazing. With nearly 1,700FT of frontage on Michael G. Rippe Pkwy and 700FT of depth, this vacant land is well-suited to become an industrial development under the current zoning of Light Industrial or other development under the future land use of Urban Community.

Location details

Located off Michael G. Rippe Parkway in Fort Myers, Florida, the Subject Property offers vacant industrial land with significant upside development potential. Convenient access to US-41 and Alico Road makes for easy access to I-75 and travel throughout Southwest Florida. The location on Michael G Rippe Parkway puts the new owner in close proximity to a variety of local amenities and attractions. The Fort Myers area is known for its welcoming business environment and quality of life for residents, making it an attractive place to live and work. Fort Myers has experienced explosive growth since the year 2000. The population has increased nearly 81% since the year 2000 and is expected to experience even further growth with current trends showing over 1,000 people moving to Florida every day. Median household incomes are up over 86% while property values have increased nearly 120% since 2000. Fort Myers is primed to see continued growth in all areas of the local economy which will certainly benefit the Subject Property.

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