2114 SW HWY 17
Arcadia, FL 34266
Arcadia, FL Self Storage Development Site · Land For Sale · 5.32 AC

Self-Storage development site on 4.42+/- acres in the centrally located city of Arcadia, Florida. Arcadia is ‘THE’ SW hub connecting Punta Gorda, Fort Myers, Lakeland, and Port Charlotte as well as Sarasota and Bradenton. These surrounding cities are undergoing rapid growth and development expanding towards the market area. The site has 600’ of frontage on a busy corridor of Highway 17 with over 14,100 cars per day. Arcadia is a significantly underserved market with a SF per capita of 0.11 within 3 miles and 1.22 SF per capita within 5 miles. The competitions newest building is 35 years old and only approx. 6% of the markets storage is climate-controlled and over 3 miles away requiring a wait list, showing a gross shortage of climate-controlled storage. The proposed configuration consists of 4 single-story buildings totaling 74,910 GSF of storage; including a mix of 69,810 GSF of climate-controlled storage and an additional 5,100 GSF of drive up non-climate storage. The site has in place sidewalk, curb and gutter, full utility access and a commercial sized curb cut, apron and culvert in place. The land is ¾ cleared and mowed with no wetland or flood zone and a desirable building soil (Smyrna sand). Additionally, this site qualifies as an Opportunity Zone with tax deferrals/benefits as well as a REAP Grant eligible providing funding for solar energy if desired. The sale is contingent upon the Seller providing site plan approval and removal of political risk.