Description

Costco closed on 55 acre across the road for $55m at $1m/acre or $33/sf on May 12, 2026. 5+acre on Metro Pkwy, 1/4 mile south of Colonial Blvd, across from to be built Costco. CI (Commercial Intensive, City of Fort Myers) zoning is suitable for a variety of commercial uses including but not limited to self-storage, car dealership, auto repair, gas station, car wash, hotel, motel, inn, extended stay facility, warehousing or distribution center, as well as 40 units/acre multifamily or 40 residential units/acre, subject to Port Authority restrictions. This area is experiencing explosive residential and commercial growth with many single-family and apartment developments just moments away. High retail concentration area with a mix of top national brands offering shopping, dining and entertainment venues.