EXECUTIVE SUMMARY:
LSI Companies is pleased to present Tamiami Commercial Center, three parcels totaling 1.83± acres along S. Tamiami Trail (US-41), one of Southwest Florida’s most heavily traveled commercial corridors.
Located within the Estero/South Fort Myers submarket, Tamiami Trail Commercial Center offers a unique opportunity for both developers or owner-users and investors. The property is partially occupied with flexible lease terms allowing a purchaser to offset expenses while finalizing future development plans, or accommodate an owner-user seeking quick occupancy. Additionally, its designation as a Qualified Opportunity Zone offers eligible developers and investors to leverage potential tax advantages and zoning relief through redevelopment. The assemblage’s hard-corner configuration, roadway frontage, and multiple access points add to the site’s underlying land value and potential for long-term appreciation.
The site’s commercial zoning and Central Urban FLU designation support higher-intensity commercial and residential redevelopment. The site also benefits from proximity to key regional demand drivers with convenient access to multiple I-75 interchanges providing connection to both greater Lee and Collier Counties. Surrounded by thousands of existing rooftops with limited availability of comparable infill sites, the subject property is well-positioned for a national and regional developers or owner-uses businesses to capitalize on the growth along Southwest Florida’s primary growth corridors.
PROPERTY HIGHLIGHTS:
• Property Size: 1.83± acres combined
- 3 parcels, bifurcated by Elwood Road
• Zoning:
- Parcel 1: Commercial General (CG)
- Parcel 2: Community Commercial (CC)
- Parcel 3: Agricultural (AG-2)
• Future Land Use: Urban Community
• Flood Zone: X
• Located within Qualified Opportunity Zone
• 360± combined linear feet along US-41
BUILDING HIGHLIGHTS:
• Building Sizes:
- BLG 1: 1,898± Sq. Ft. (Vacant Office/Retail)
- BLG 2: 2,820± Sq. Ft. (Occupied-Retail)
• Flexible lease terms allow a purchaser to off-set expenses while finalizing future development plans
• Commercial zoning and future land use support redevelopment to various commercial, medical and residential uses