Former De Lasalle Academy private school site in which classes were held in portable units. The site is improved, and high and dry, with all infrastructure available and is built-in. Front 1.5 acres can be purchased for $1,200,000 and rear 3.67 acres for $3,500,000. It is currently being leased to a general contractor for construction material storage while they construct a multi-family project across the road. Their lease started in May 2022 and will expire in May 2023, with a month-to-month arrangement thereafter. The rent is currently $4,500/Month Gross but will increase to $5,000/Month Gross after May 2023. The Property is zoned Apaloosa Lane CPD, which allows a 140-room hotel and 30,000 SF Office/Retail Use. Alternatively, the site can be used for 60,000 SF Office/Retail use with no hotel use. .
Property Type :
Land
Subdivision :
Not Applicable
County :
Lee
Style :
Land
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ByOwner last updated this listing 05/10/2024 @ 08:16
MLS: 222066141
LISTED BY: Fred Kermani, CRE Consultants LLC
SOURCE: SWFL
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
