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16984-16998 McGregor Blvd - 4.3± Acre Commercial Corner Site 4.3 Acres of Commercial Land Offered at $2,950,000 in Fort Myers, FL 33908



INVESTMENT HIGHLIGHTS
- 4.3± AC Commercial Planned Development Site in South Fort Myers
- 915± feet of total frontage (582' on McGregor Blvd and 334' on Davis Rd)
- Directly across from the proposed Grande Calusa mixed-use development
- Approved Site for 44 Luxury Storage Condos or Hybrid Warehouse Units
- Ideal for QSR, Retail, Convenience Store, Bank Branch
- Multiple development options with generous acreage
EXECUTIVE SUMMARY
The property is fully entitled for a 44-unit luxury storage condominium development, providing immediate development potential. Its commercial zoning, strong visibility, and prime corner location also make it ideal for a variety of alternative uses, including QSR, convenience store, bank branch, medical office, or small retail center.
This high-traffic corridor benefits from strong demographics, steady residential growth, and proximity to key retail and service destinations, creating a rare opportunity for investors or end users to capitalize on the continued expansion of South Fort Myers. The site offers excellent development flexibility and is well-positioned for a wide range of commercial uses.
PROPERTY FACTS
| Price | $2,950,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.30 AC |
| Property Type | Land | ||
| Zoning | CPD - Commercial Planned Development | ||
| Price | $2,950,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.30 AC |
| Zoning | CPD - Commercial Planned Development |
1 LOT AVAILABLE
Lot 4
| Price | $2,950,000 | Lot Size | 4.30 AC |
| Price Per AC | $686,046.51 |
| Price | $2,950,000 |
| Price Per AC | $686,046.51 |
| Lot Size | 4.30 AC |
DESCRIPTION
Located in South Fort Myers, a thriving coastal community along Florida’s Southwest Gulf Coast, this site offers a prime development opportunity within an evolving corridor experiencing ongoing infrastructure enhancements and sustained economic growth. Strategically positioned at the intersection of Davis Road and McGregor Boulevard, a primary thoroughfare that leads directly to the Sanibel Causeway, making it a strategic choice for a wide range of businesses and national brands seeking maximum exposure. The property sits directly across from the proposed Grande Calusa mixed-use development (formerly the Sanibel Outlets), a transformative project that is expected to include over 300 multi-family residential units, a performing arts center, and more than 70,000 square feet of retail, office, and restaurant space. This significant investment will further activate the area and enhance the value and development potential of neighboring properties, including the subject site. Surrounded by some of Southwest Florida’s most desirable destinations, including the Sanibel and Captiva Islands, Fort Myers Beach, and well-established retail and lifestyle centers like the Bell Tower Shops. These attractions help drive year-round traffic and reinforce the area’s appeal as both a residential and commercial hub. With commercial land in this major corridor becoming increasingly scarce, this well-located parcel presents a rare opportunity for meaningful development. Offering excellent visibility, access, and flexibility, the site can accommodate a wide range of potential uses—including retail, hybrid warehouse, self-storage, or specialty development. Its proximity to major demand drivers and location within a fast-growing submarket position it as a compelling investment opportunity for developers looking to establish a long-term presence in the Fort Myers area.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $500 | Total Assessment | $1,202,394 |
PROPERTY TAXES
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16984-16998 McGregor Blvd - 4.3± Acre Commercial Corner Site
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