255 Acres on
Corkscrew Road

This 255 acre parcel features 2,100 feet of frontage on Corkscrew Road in South Eastern Lee County. The property is 1 mile in depth. Additionally, the property features pasturelands as well as neatly consolidated wetlands. The wet1and areas are pristine and extremely picturesque. The wetlands contain some of the most scenic cypress heads found anywhere. The property is burmed and ditched around the entire perimeter.

The Corkscrew Road property Is located on the north side of Corkscrew, approximately 9 miles east of I-75 at the TECO Arena / Miromar Outlet Mall exit, mid-point between Ft. Myers and Naples. The site provides easy access from major area metropolitan hubs, which include greater Ft. Myers and Naples. The site is in minutes from Florida Gulf Coast University and Pinewoods Elementary School. The site is also minutes from accessing the newly expanded SW Florida Regional Airport as well as two new regional malls. The site is located directly in the path of some of S.W. Florida’s most sustained property appreciation through the past 5 years. Nearby road expansions include increasing Alico Rd. to six lanes between U.S. 41 and BHG Parkway within approximately 12 months and SR. 82 increased to four lanes just north and west of the property (new I75 Bypass). Additionally, SR 951 from marco Island through naples will eventually cross Corkscrew nearby.

Current zoning is Ag-2, which allows for construction of 1 home per 10 acres along with substantial tax benefits. Although currently zoned Ag-2, a variety of future potential uses have thus far been identified. Among those uses are mining, subdividing and perhaps even a golf venture. The general appreciation of Corkscrew area the property values has been approximately 22% per year for the past five years. The trend is projected to continue for years to come. At even a fraction of the past appreciation rate, the property is suggested to be a wise investment as a land bank.

The property is located within an identified mining area and is adjacent to an operational mine. As a suggested development plan, strategic mining would facilitate a future residential development and/or a golf course. The frontage and out parcels could possibly be factored into a long-term commercial plan. All in all, the property has been given a high value rating by our company when presented to potential investors.

The offering price is $6,500,000 as is or $8,900,000 with entitlements to excavate and develop in place.

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