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Dr. Martin Luther King Jr. Blvd
Fort Myers, FL 33916
Land For Sale
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4.85 AC
Property Facts
Description
This prime retail development site is positioned in front of the highly successful Fleamasters Flea Market which hosts approximately one million shoppers per year on its 50 acre property. The Market is nearing completion of replatting the frontage lands to allow future outparcel developments, ideal for small strip retail and/or single tenant developments. The site has approximately 660' of highway frontage with an impressive 43,000 vehicles per day along State Road 80/Dr. Martin Luther King Jr. Boulevard. Uses could include fast food, urgent care, auto parts, dollar stores, etc. This site is approximately 1.7 miles from I-75 on one of the main corridors connecting I-75 with downtown Ft. Myers. The buyer will be responsible for constructing the abutting access drive and utilities, which is an approximate $600k cost. The property is also located in an Opportunity Zone, allowing the developer to take advantage of significant tax incentives. One of the very few OZ development sites in Southwest Florida.
