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21510 Strada Nuova Cir - Genova Phase III 3.6 Acres of Commercial Land Offered at $3,850,000 in Estero, FL 33928
INVESTMENT HIGHLIGHTS
- Zoned and approved residential development site in Estero, offering 31 Mediterranean-style units on 3.6± acres.
- Prime location on Corkscrew Road, benefiting from master-plan integration and access to major infrastructure.
- Part of the established Genova Residential Planned Development, with 131 units already built between 2017–2020.
- Strong market fundamentals, with limited new inventory and historically strong absorption in Genova.
EXECUTIVE SUMMARY
LSI Companies Inc., is pleased to present this fully zoned and approved residential development opportunity in Estero, FL.
Situated along Corkscrew Road, the Genova Development opportunity is part of the existing Genova Residential Planned Development approved for vertical delivery of 11-unit townhomes and 20 luxury villa units for a total of 31 Mediterranean-style units on 3.6± acres. The existing phases of the community were built by Genova Partners between the years 2017-2020, with 131 units already delivered across 4 buildings. The site benefits from inclusion in the broader master plan and access to major infrastructure corridors; however, certain site modifications, utility extensions, and coordination efforts will be necessary before vertical construction can commence.
Genova is a prime opportunity for a developer to deliver a highly marketable product in a community where new inventory is limited and absorption has historically been strong.
Estero has quickly become one of Southwest Florida’s most desirable places to live, driven by steady year-over-year population growth, new commercial and residential developments. It is uniquely positioned between Collier and Lee County (Unincorporated), providing connectivity to regional job centers, shopping, and dining. Additionally, public investments, such as the Village’s “Village Center Hub” and expanded recreation amenities, add long- term value and create a strong backdrop for private development.
Situated along Corkscrew Road, the Genova Development opportunity is part of the existing Genova Residential Planned Development approved for vertical delivery of 11-unit townhomes and 20 luxury villa units for a total of 31 Mediterranean-style units on 3.6± acres. The existing phases of the community were built by Genova Partners between the years 2017-2020, with 131 units already delivered across 4 buildings. The site benefits from inclusion in the broader master plan and access to major infrastructure corridors; however, certain site modifications, utility extensions, and coordination efforts will be necessary before vertical construction can commence.
Genova is a prime opportunity for a developer to deliver a highly marketable product in a community where new inventory is limited and absorption has historically been strong.
Estero has quickly become one of Southwest Florida’s most desirable places to live, driven by steady year-over-year population growth, new commercial and residential developments. It is uniquely positioned between Collier and Lee County (Unincorporated), providing connectivity to regional job centers, shopping, and dining. Additionally, public investments, such as the Village’s “Village Center Hub” and expanded recreation amenities, add long- term value and create a strong backdrop for private development.
PROPERTY FACTS
| Price | $3,850,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 3.60 AC |
| Property Type | Land | ||
| Zoning | EPD - Estero Planned Development | ||
| Price | $3,850,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 3.60 AC |
| Zoning | EPD - Estero Planned Development |
1 LOT AVAILABLE
Lot
| Price | $3,850,000 | Lot Size | 3.60 AC |
| Price Per AC | $1,069,444.44 |
| Price | $3,850,000 |
| Price Per AC | $1,069,444.44 |
| Lot Size | 3.60 AC |
3.6± Acre Residential Development Opportunity - Estero, FL
DESCRIPTION
• Property size: 3.6± Acres • Eastern Parcel: 1.81± Acres • Western Parcel: 1.69± Acres • Zoning: Genova EPD (Estero Planned Development approved 2025) • Site Elevation: 15' feet • Finished Floor Elevation: 17.9' feet
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21510 Strada Nuova Cir - Genova Phase III
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