$4,500,000
$510K PRICE INCREASE

8870 de Lasalle Academy Way Fort Myers, FL 33912

Cross Creek Neighborhood

Estimated payment $25,830/month

Total Views 14,440
5 Acres
$870,406 Price per Acre
225,205 Sq Ft Lot

Highlights

  • 5.17 Acre Lot
  • Corner Fireplace
  • Paved or Partially Paved Lot
  • Fort Myers High School Rated A

About This Lot

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. Front 1.5 acres can be purchased for $1,200,000 and rear 3.67 acres for $3,500,000. 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 zoned 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.
PLEASE SEE THE ATTCHED "SUPPLEMENT" FOR MORE DETAIL.

Listing Agent

Fred Kermani, CCIM, AIA

CRE Consultants LLC License #NAPLES-249500671 Listed on: 09/02/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,734

Lot Details

  • 5.17 Acre Lot
  • Paved or Partially Paved Lot
  • Property is zoned CS-1

Interior Spaces

  • Corner Fireplace

Listing and Financial Details

  • Assessor Parcel Number 21-45-25-01-00000.0300

Property Details

Property Type

Land

Est. Annual Taxes

$15,734

Lot Details

0

Listing Details

  • Legal Description: THE S 1/2 OF NW 1/4 OF SE 1/4 OF NE 1/4
  • Property Type: Lot And Land
  • Table: Lot & Land
  • Street View Param: 1$26.54958$-81.80929$76.65$13.33$1.00$j4HuM3VGrreIOr0Btf4t-Q
  • Directions: At the NW corner of Apaloosa Lane and Salrose Lane, off Daniels Pkwy
  • Property Information: 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. Front 1.5 acres can be purchased for $1,200,000 and rear 3.67 acres for $3,500,000. 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 zoned 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. PLEASE SEE THE ATTCHED "SUPPLEMENT" FOR MORE DETAIL.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Gulf Access Yn: No
  • Road: Paved Road

Utilities

  • Utilities Available: Electric, Sewer, Water
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Sub Condo Name: NOT APPLICABLE
  • Development Name: NOT APPLICABLE

Association/Amenities

  • Community Type: Non-Gated

Lot Info

  • Lot Back: 681
  • Lot Frontage: 681
  • Lot Left: 331
  • Lot Right: 331
  • Price Per Acre: 870406.19
  • Zoning Code: CS-1
  • Acres: 5.1700
  • Waterfront: No
  • Land Use Code: 10-Vacant Commercial
  • Lot Description: Corner
  • Lot Type: Commercial Lot
  • Usage: Commercial
  • Parcel Number: 21-45-25-01-00000.0300

Tax Info

  • Taxes: 15733.74
  • Tax Year: 2021
  • Tax Description: County Only

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $22,237 $1,334,379 -- --
2023 $35,791 $1,213,072 $0 $0
2022 $15,132 $1,102,793 $917,368 $0
2021 $15,734 $1,108,181 $1,108,181 $0
2020 $16,243 $1,113,569 $917,368 $196,201
2019 $0 $1,118,958 $917,368 $201,590
2018 $0 $1,124,346 $917,368 $206,978
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 For Sale $4,500,000 0.0% --
08/20/2024 08/20/24 Pending -- -- --
08/22/2023 08/22/23 Price Changed $4,500,000 -9.8% --
03/29/2023 03/29/23 Price Changed $4,990,000 +25.1% --
08/24/2022 08/24/22 For Sale $3,990,000 -- --
Source: Naples Area Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,175,000 None Listed On Document
Warranty Deed $1,400,000 Attorney
Corporate Deed $2,240,000 Attorney
Warranty Deed $650,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $775,000 New Conventional
Previous Owner $300,000 Seller Take Back
Previous Owner $3,336,000 Purchase Money Mortgage
Previous Owner $151,000 Credit Line Revolving
Source: Public Records

Source: Naples Area Board of REALTORS®

MLS Number: 222066141

Naples Area Board of REALTORS®

APN: 21-45-25-01-00000.0300