8870/8891 De LaSalle Academy WAY, Fort Myers, FL, 33912

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. 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 currently zoned CS-1, owner is in the process of rezoning the site to an 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. Adjacent 5-acre zoned AG-2 lot to the north of the subject property, which is owned by the same owner may also be purchased at a negotiated price.