Property Description
5300/5320 Lee Boulevard is an ±12-acre commercial redevelopment site with approximately 600 feet of frontage on Lee Boulevard in Lehigh Acres, Florida, offered at $7,500,000.
The Property is zoned Commercial Planned Development under the West Gate Center CPD (Lee County Resolution Z-98-043) within the Central Urban land use category, with an approved Master Concept Plan permitting up to 66,300 square feet of gross floor area.
Permitted uses span retail, restaurant, bank and financial, medical office, health care, administrative office, warehouse and miniwarehouse.
A 20,000 square foot minimum lot area permits subdivision, and an approved deviation allows reduced access separation along Lee Boulevard. A purchaser proceeds to local development order rather than to rezoning; conditions of approval are set out in the Zoning & Entitlement section.
A ±9,000 square foot office building, on-site parking and utilities are in place. The building is vacant; two on-site tenancies — an automotive repair use and a mobile food vendor — generate approximately $7,000 per month, carrying the asset through design and permitting rather than requiring a purchaser to hold non-earning land. Lease-up of the office building offers further income through the entitlement period.
Lehigh Acres has reached approximately 136,800 residents, up 9.8% since the 2020 Census, and remains under-retailed relative to its rooftop count. Within a half mile, Culver’s, a 20,000 SF Goodwill, Suncoast Credit Union, Dunkin’ and Heartland Dental have committed to new construction on a corridor carrying 41,500 vehicles per day.
The offering suits a build-and-hold commercial developer, a self-storage or flex developer targeting the rear parcel where those uses are permitted without condition, a build-to-suit user, or an investor seeking a Florida land position with in-place income.
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