maida lane - loopnet...maida lane offering process offers should be sent via contract or letter of...
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1www.lsicompanies.comOFFERING MEMORANDUM
MAIDA LANEFORT MYERS, FL
Summerlin Rd. Gladiolus Dr.
MAIDA LANE
OFFERING PROCESS
Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase price, earnest money deposit, feasibility period and closing period.
PLEASE DIRECT ALL OFFERS TO:Doug Meschko - [email protected]
Justin ThibautChief Operating Officer
Doug MeschkoSenior Broker/Analyst
Randy Thibaut, ALCOwner / CEO
7205 & 7215 Maida Ln.Fort Myers, FL 33908
31.4± Acres Total9.9± Acres (Northern)21.5± Acres (Southern)
AG-2
Persaud Properties FL INV LLC
$2,650,000
Location:
Size:
Zoning:
Seller:
Price:
O F F E R I N G S U M M A RY E X E C U T I V E T E A M
MARKETED AND EXCLUSIVELY LISTED BY:
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EXECUTIVE SUMMARY
This unique property, located in a superb “A” infill location in Fort Myers, Florida creates an opportunity for multiple housing types with the unique benefit of direct gulf access. The site includes a private boat dock with potential to add additional docks, and a small potential launch site directly to Hendry Creek which leads to Estero Bay Aquatic Preserve, a prime fishing and boating area that offers quick access to Southwest Florida barrier islands.
Access to the site is gained via Gladiolus Dr. and Maida Ln., which leads to the northern 9.9± acre property. Bordering this property to the south, is a waterfront 21.49± acre parcel well suited for single family residential development, and homes with sweeping views of natural mangroves and preserve. The secluded feel of this gulf-access property is unique, as the site lies just minutes from a Publix Shopping Center, US-41, and both Sanibel and Fort Myers Beaches.
The property is an infill project with Standard Lee County Zoning designation of AG-2, which allows for single family lots with a minimum of 39,500 square feet. Utilities are available on the site and there is 663’ of frontage on Maida Lane, which is a paved roadway. The future land use for the northern parcel is “Central Urban” which allows for up to 10 residential units per acre along with some commercial and light industrial uses. The southern parcel future land use is “Suburban” which allows for up to 6 residential units per acre.
Summerlin Rd.
Gladiolus Dr.
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LEE COUNTY
123
FloridaGulf CoastUniversity
SWFL Int'l. AIRPORT
ESTERO
FORTMYERS
Gateway
BUCKINGHAM
NORTH FORT MYERS
CAPECORAL
LEHIGHACRES
San CarlosPark
ALICO RD
ISLA
ND
PA
RK R
D
MLK BLVD
OR
TIZ
RD
GU
NN
ERY
RD
Burnt Store Marina
BU
RNT
STO
RE R
D
Coral OaksGolf Course KISMET PKWY
LITTLETON RD
PKWY PALM BEACH
BLVD
BAYSHORE RD
River
DEL
PRA
DO
EXT.
80
78
78
765
CAPE CORAL PKWY
DEL
PR
AD
O B
LVD
CH
IQU
ITA
BLV
D CLEV
E LAN
D
BONITABEACH
FORT MYERSBEACH
865
ORANGE RIVER BLVD
FOW
LER
ST
MET
RO
PK
WY
CYPRESS LAKE DANIELS PKWY
BLVD
PKWY
SIX M
ILE
CYPR
ESS P
KWY
Health Park
SUMMERLIN
CORK
BONITASPRINGS
LEE
IMMOKALEE RD
846BONITA RD
RA
ILRO
AD
OA
KS P
KW
Y
THRE
E
RD
ALA
BAMA
BU
CK
ING
HA
MRD
31
ALT. RT 41
MCGREGOR BLV
D
869
GLADIOLUS DR
SAN
CARL
OS BL
VD
JOHN
MO
RRIS
DAVI
S R
SHELL POINT BLVD
ST. JAMESCITY
PERIWINKLE WAY
SANIBELISLAND
CAPTIVAISLAND
CAYOCOSTA
PINE ISLAND RDHANCOCK BRIDGE
PONDELLA RD
RD
887
STRIKE LN
TERRY ST
COLONIAL
BEACH
To SANIBEL
HO
MES
TEA
D R
D
ALE
XA
ND
ER G
RA
HA
M B
ELL
BLV
D
LEELANDHEIGHTS BLVD
JOEL
BLV
D
COCONUT
PELICANLANDING
BONITA BAY
143
867
SCREW RD
TREE
LIN
E
867
82
82
BEN
HIL
L G
RIFF
IN P
KW
Y
Iona
To TAMPA121 Miles
BLVD
AVE
41
41
GULFOF
MEXICO
COL LEGE
PALO
MIN
O L
N
141
139
138
136
131
128
123
116
75
Cal
oosa
hatc
hee
RAILROAD
75
ESTERO BLVD
PINEISLAND
GASPARILLAISLAND
MATLACHA
STRING
FELLOW
RD
75
75
SITELOCATION MAP
SITE
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CONCEPTUAL SITE PLAN
105 10108
10 99
99
108
98
108
7
610
10
7
6
1
2
34
56
16 15 14
7 8 9 1011
1213
6
PREPARED FOR
PROJECT DESCRIPTION
FILE NAME
LOCATION
PLOT DATE
MAIDA-X00-OPT3.DWG
J:\PROPOSALS\MAIDA\DWG\PRELIM\
MON. 10-14-2013 - 1:48 PM
LEE COUNTY, FLORIDA
PROJECTLOGO
WWW.LANDSOLUTIONS.NET
LandSolutionsinc.
PHONE (239) 482-1500FAX (239) 481-8477
10471 BEN C. PRATT / SIX MILECYPRESS PKWY. #402
FORT MYERS, FL 33966
THIS PLAN IS PRELIMINARY ANDINTENDED FOR CONCEPTUAL
PLANNING PURPOSES ONLY. SITELAYOUT AND LAND USE INTENSITIES
OR DENSITIES MAY CHANGESIGNIFICANTLY BASED UPON SURVEY,ENVIRONMENTAL, ENGINEERING AND
REGULATORY CONSTRAINTSAND / OR OPPORTUNITIES.
* NOT FOR CONSTRUCTION *
DESIGN BY
LAYOUT LAYOUT1
PLOT BY
CROSS REFERENCED DRAWINGS
2271 McGREGOR BLVD., SUITE 100POST OFFICE DRAWER 2800
FORT MYERS, FLORIDA 33902-2800PHONE (239) 461-3170
FAX (239) 461-3169
CIVIL ENGINEERING - LAND SURVEYINGLAND PLANNING - LANDSCAPE DESIGN
FLORIDA CERTIFICATES OF AUTHORIZATIONENGINEERING 7995 - SURVEYING LB-6940
BASEPLAN = MAIDA-A00-OPT3.DWG
CNOT VALID WITHOUT EMBOSSED SEAL, SIGNATURE AND DATE
COPYRIGHT 2013, BARRACO AND ASSOCIATES, INC.REPRODUCTION, CHANGES OR ASSIGNMENTS ARE PROHIBITED
ANGELICA CARLEY
JENNIFER SAPEN
SHEET NUMBER
PLAN REVISIONS
PLAN STATUS
PROJECT / FILE NO.
1
PRELIMINARYSITE PLANOPTION 3
22254
TOTAL UNITS: 30 PLEX BUILDINGS X 3 = 90 UNITS
PARK
MAIN ENTRY
DET
ENTI
ON
0.82
AC
PARK
N S
W
E
0 50 100 200
SCALE IN FEET
GATED ENTRY
GATED ENTRY
5' WIDE (AT GRADE)JOGGING TRAIL
80' DRAINAGE EASEMENT
EXISTING DOCK (TO BEEXPANDED) SERVICINGLOTS 6,7,8 & 13-16
PROPOSED DOCKSERVICING LOTS 9-12
PROPOSED (PRIVATE) DOCKSLOTS 1-5
180 PARKING SPACES REQUIRED194 PARKING SPACES PROVIDED
40' RIGHT OF WAY
8' BOARDWALK
PALM AND CANOPY TREE BUFFER ALONG EASTERNBOUNDARY. WETLAND TREES AND GROUND COVERPLANTS ALONG WEST SIDE OF ENTRY ROAD.
ROADSIDE SWALES TO FULFILLWATER MANAGEMENT REQUIREMENTS.
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CONCEPTUAL SITE PLAN
6 7 8 910
11
19
41
23
65
78
910
17 18
242526
2728
2930
23 22 21 20
11
171615141312
54321
13
12
PREPARED FOR
PROJECT DESCRIPTION
FILE NAME
LOCATION
PLOT DATE
MAIDA-X00-OPT4.DWG
J:\PROPOSALS\MAIDA\DWG\PRELIM\
MON. 10-14-2013 - 1:48 PM
LEE COUNTY, FLORIDA
PROJECTLOGO
WWW.LANDSOLUTIONS.NET
LandSolutionsinc.
PHONE (239) 482-1500FAX (239) 481-8477
10471 BEN C. PRATT / SIX MILECYPRESS PKWY. #402
FORT MYERS, FL 33966
THIS PLAN IS PRELIMINARY ANDINTENDED FOR CONCEPTUAL
PLANNING PURPOSES ONLY. SITELAYOUT AND LAND USE INTENSITIES
OR DENSITIES MAY CHANGESIGNIFICANTLY BASED UPON SURVEY,ENVIRONMENTAL, ENGINEERING AND
REGULATORY CONSTRAINTSAND / OR OPPORTUNITIES.
* NOT FOR CONSTRUCTION *
DESIGN BY
LAYOUT LAYOUT1
PLOT BY
CROSS REFERENCED DRAWINGS
2271 McGREGOR BLVD., SUITE 100POST OFFICE DRAWER 2800
FORT MYERS, FLORIDA 33902-2800PHONE (239) 461-3170
FAX (239) 461-3169
CIVIL ENGINEERING - LAND SURVEYINGLAND PLANNING - LANDSCAPE DESIGN
FLORIDA CERTIFICATES OF AUTHORIZATIONENGINEERING 7995 - SURVEYING LB-6940
BASEPLAN = MAIDA-A00-OPT4.DWG
CNOT VALID WITHOUT EMBOSSED SEAL, SIGNATURE AND DATE
COPYRIGHT 2013, BARRACO AND ASSOCIATES, INC.REPRODUCTION, CHANGES OR ASSIGNMENTS ARE PROHIBITED
ANGELICA CARLEY
JENNIFER SAPEN
SHEET NUMBER
PLAN REVISIONS
PLAN STATUS
PROJECT / FILE NO.
1
PRELIMINARYSITE PLANOPTION 4
22254
TOTAL UNITS: 30 40' X 108' LOTS
PARK
MAIN ENTRY
PARK
N S
W
E
0 50 100 200
SCALE IN FEET
GATED ENTRY
5' WIDE (AT GRADE)JOGGING TRAIL
80' DRAINAGE EASEMENT
EXISTING DOCK (TO BEEXPANDED) SERVICINGLOTS 1,2,5,6 &7
PROPOSED DOCKSERVICING LOTS 8-11
PROPOSED (PRIVATE) DOCKSLOTS 3,4,12 & 13
40' RIGHT OF WAY
8' BOARDWALK
LAKE0.68 AC
TYPICAL LOT DETAIL: 40' X 108' LOT
108' LOT DEPTH40' LOT
WIDTH
15' DRAINAGE EASEMENT
LOT LINE
5' SIDESETBACK
20' FRONTSETBACK
40' RIGHT OF WAY
REAR LOT LINE
ROADSIDE SWALES TO FULFILLWATER MANAGEMENT REQUIREMENTS.
80' POOL AND HOME DEPTH
(TO CONNECT WITHDIVIDED ENTRY)
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AREA AMENITIES
Lakes Regional Park
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AREA AMENITIES
SPORTS & RECREATIONThe Southwest Florida environment provides excellent weather for enjoying sports and recreation year-round. Golfers can enjoy one of many public golf courses in the Fort Myers area. For baseball fans, Fort Myers is home to two MLB teams during Spring Training season – The Boston Red Sox at JetBlue Park and The Minnesota Twins at CenturyLink Sports Complex at Hammond Stadium. The Fort Myers Miracle baseball team plays during the summer months and a variety of sporting events occur year round at these world-class facilities. Of course, the beaches – including world renowned Sanibel and Captiva Islands and Fort Myers Beach – and other Fort Myers attractions are within a few miles of Maida Lane. Fort Myers’ location on the Gulf of Mexico makes it an excellent place to enjoy a variety of water sports such as boating, kayaking and fishing.
ATTRACTIONS & ENTERTAINMENTSouthwest Florida’s greatest attractions and entertainment opportunities offer something for everyone from festival-goers and theatre lovers to families and college students. Estero Bay Preserve State Park visitors can enjoy the preserve from land or by water. Much of the undeveloped property in Estero Bay is in conservation and provides great fishing and recreational boating opportunities. Residents can also enjoy the Wa-Ke-Hatchee Park and Recreation Center, which amenities include a fully equipped gymnasium with basketball and volleyball courts, a fitness center with locker room facilities, a game room and several large multi-purpose rooms for meetings and classes. There are plenty of wonderful opportunities to explore the Southwest Florida environment and enjoy the beautiful weather. From the festivals of The Fort Myers River District to world-class entertainment at Barbara B. Mann Performing Arts Hall and Germain Arena, there is an abundance of cultural and entertainment opportunities for residents to enjoy year-round.
EDUCATIONA highly respected private educational institution, Hodges University, is located just 10 miles from Maida Lane. Other higher education opportunities in Fort Myers include Florida Gulf Coast University and Florida Southwestern State College. These are easy to reach from the property, making it an excellent location for students. For families with children, the School District of Lee County provides excellent public schools with an element of choice. Residents can choose any school within their zone. Maida Lane falls within the South Zone, which provides a large selection of A and B-graded elementary, middle and high schools. There are several public schools within very close proximity to the property and the District provides busing for those who wish to attend a school outside of the immediate neighborhood. There are also several private schools for K-12 students conveniently located nearby.
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AREA AMENITIES
SHOPPING & DININGA plethora of shopping and dining attractions are situated conveniently throughout Fort Myers.
BELL TOWER SHOPS is a landmark shopping, dining and entertainment destination centrally located in Fort Myers, Florida. The open-air center offers fine retail shops including eclectic boutiques and shopping favorites Williams-Sonoma, Chico’s, White House | Black Market, Victoria’s Secret, Scout & Molly’s Boutique, and Talbots. Exceptional shopping is complemented by distinctive restaurants such as Bistro 41, Cru, DaRuMa Japanese Steak House, Grimaldi’s Pizzeria, Blue Pointe Oyster Bar & Seafood Grill, Cantina Laredo, Mimi’s Café, T.G.I. Friday’s and Society. A community partner and pet-friendly destination, Bell Tower Shops hosts special events throughout the year, including concerts, fundraisers, art fairs and more.
GULF COAST TOWN CENTER is a sophisticated contemporary shopping experience with more than 100 stores and restaurants and over a million square feet of
business space. The mall hosts special events throughout the year. Bass Pro Shops, Costco, Regal Cinemas, Super Target, and Best Buy anchor this center.
SANIBEL OUTLETS is surrounded by robust tourism and a vibrant, shop-happy local community. This casual, walkable center showcases over 40 outlet brands, including Polo Ralph Lauren Factory Store, Coach, Tommy Hilfiger, Calvin Klein, Brooks Brothers Factory Store, Nike Factory Store and Under Armour in an ideal mix of stores.
COCONUT POINT is a picturesque outdoor mall featuring over 140 stores including Dillard’s, Target, Apple Store, Michael Kors, and Barnes & Noble – all surrounding several acres of lakes with a boardwalk. Experience a wide range of dining options, from the elegant Ruth’s Chris Steakhouse and South Fork Grille, to family favorites Ted’s Montana Grill, Rodizio Grill, Bokamper’s Sports Bar and Grill or California Pizza Kitchen. Additionally, the 16 screen Hollywood Theaters is within walking distance of many of the restaurants in this complex.
LOCATION HIGHLIGHTS• 1± mile from US 41
• 1± mile from Publix-anchored Summerlin Crossings Shopping Center
• 3± miles from Bell Tower Shops
• 7± miles from I-75
• 8± miles from Gulf Coast Town Center
• 11± miles from Coconut Point Mall
• 12± miles from Southwest Florida International Airport
• 15± miles from Sanibel, Captiva, and Fort Myers Beaches
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SCHOOL ZONE MAP
Free school bus transportation is provided for students who live beyond two miles from their assigned school. Students residing in barrier island boundary areas of Fort Myers Beach, and Pine Island will attend their barrier island elementary school. Students residing in barrier island boundary area of Sanibel Island will attend their barrier island elementary and middle school.
WEST ZONEStudent Assignment Office
Cape Coral .................................................1Elementary Schools
Caloosa (U) ................................................5Cape ..........................................................6Diplomat (U) ..............................................8Gulf .........................................................16Hancock Creek ........................................17Hector A. Cafferata, Jr. (U) ........................40J. Colin English (U) (IB).............................19Littleton (U) ................................................9NFM Academy for the Arts (K-8) (A) (U) .....23Patriot ......................................................44Pelican .....................................................26Skyline ....................................................30Trafalgar (U) .............................................34Tropic Isles ..............................................38
Middle SchoolsCaloosa ......................................................3Challenger ................................................17Diplomat.....................................................5Gulf ...........................................................8Mariner (IB) ..............................................10NFM Academy for the Arts (K-8) (A) (U) ....23Trafalgar ..................................................13
High SchoolsCape Coral (IB) ..........................................1 Ida S. Baker (C) ........................................10Island Coast .............................................13Mariner .....................................................7North Fort Myers (A) (CA) ...........................8
SOUTH ZONEStudent Assignment Office
Fort Myers .................................................2Elementary Schools
Allen Park ..............................................1Bonita Springs (U) (A) ............................4Colonial (U) ............................................7Edison Park (A) ................................... 11Franklin Park (U) ................................. 13Heights (IB) .......................................... 18Orangewood ......................................... 25Pinewoods ........................................... 28Ray V. Pottorf ...................................... 41Rayma C. Page (U) ............................... 42San Carlos Park (U) (A) ........................ 29Spring Creek (U) .................................. 31Tanglewood .......................................... 33Three Oaks .......................................... 36Villas ................................................... 39
Middle SchoolsBonita Springs (A) ..................................2Cypress Lake (A) ....................................4Fort Myers Middle Academy (U) (T) ....... 16Lexington (IB) ...................................... 15Paul Laurence Dunbar ......................... 11Three Oaks (U) ..................................... 12
High SchoolsBonita Springs (9th grade only) ............ 14Cypress Lake (A) ....................................2Dunbar Zone Magnet (IB STEM) ............... 3Estero (CA) ............................................4Fort Myers (IB) .......................................5South Fort Myers (C) ............................ 11
EAST ZONEStudent Assignment Office
Lehigh Acres .............................................3Elementary Schools
Alva (K-8) .................................................2Bayshore (U) ............................................3Edgewood Academy (A) (U) ................... 10G. Weaver Hipps ...................................... 45Gateway ................................................15Harns Marsh .........................................43James Stephens Academy (U) ..................6Lehigh ...................................................20Manatee (U) ...........................................14Mirror Lakes (U) .....................................22Orange River (U) ....................................24River Hall (U) .........................................12Sunshine ...............................................32Tice (FL) .................................................37Tortuga Preserve (U)...............................46Treeline (U) ............................................35Veterans Park (K-8) (A) (U) .....................27
Middle SchoolsAlva (K-8) .................................................2Harns Marsh (STEM) (U) ........................28Lehigh Acres (U) .....................................14Oak Hammock (A) (U) ............................18Varsity Lakes (U)......................................7Veterans Park (K-8) (A) (U) .....................27
High SchoolsDunbar (IB STEM)......................................3East Lee County (C) (CA) ........................12Lehigh Senior (A) (CA) ..............................6Riverdale (IB) ...........................................9
(A) Arts Program; (C) Comprehensive Program; (IB) International Baccalaureate; (CA) Cambridge Program; (T) Technology Program;(STEM) Science, Technology, Engineering, Math; (FL) Foreign Language; (U) this school has a uniform clothing policy
THE ScHOOl DiSTricT Of lEE cOUNTy
STUDENTASSIGNMENT
ZoNES2017-2018
Elementary
Middle
Multi-LevelHigh
Multi-ZoneStudentAssignment Office
W-3
W-2
W-1
S-1
S-2
S-3
E-1
E-2E-3
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DEMOGRAPHIC PROFILE - 10 MIN. RADIUSDemographic and Income Profile7205 Maida Ln, Fort Myers, Florida, 33908 Prepared by Land SolutionsDrive Time: 10 minute radius Latitude: 26.51886
Longitude: -81.88405
AreaStateUSA
Trends 2017-2022Trends 2017-2022
Ann
ual R
ate
(in
perc
ent)
2.22
1.81.61.41.2
10.80.60.40.2
0Population Households Families Owner HHs Median HH Income
20172022
Population by AgePopulation by Age
Perc
ent
16
14
12
10
8
6
4
2
00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
2017 Household Income 2017 Household Income
<$15K9.1%
$15K - $24K12.4%
$25K - $34K12.3%
$35K - $49K17.4%
$50K - $74K19.2%
$75K - $99K11.9%
$100K - $149K9.7%
$150K - $199K3.5%
$200K+4.6%
2017 Population by Race2017 Population by RacePe
rcen
t
80
70
60
50
40
30
20
10
0White Black Am. Ind. Asian Pacific Other Two+
2017 Percent Hispanic Origin: 15.8%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
February 27, 2018
©2018 Esri Page 4 of 6
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DRIVE TIME RADIUSMaida Lane - Drive Time Map
Source: ©2017 Esri.
February 27, 2018
©2018 Esri Page 1 of 1
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CONSULTANTS
EngineeringCarl Barraco
Barraco and Associates, Inc.2271 McGregor Blvd. Suite 100
Fort Myers, FL 33901 Phone: 239.461.3170www.barraco.net
MAIDA LANEL I M I TAT I O N S A N D D I S C L A I M E R S
The content and condition of the property provided herein is to the best knowledge of the Seller. This disclosure is not a warranty of any kind; any information contained within this proposal is limited to information to which the Seller has knowledge.
Information in this presentation is gathered from reliable sources, and is deemed accurate, however any information, drawings, photos, site plans, maps or other exhibits where they are in conflict or confusion with the exhibits attached to an forthcoming purchase and sale agreement, that agreement shall prevail.
It is not intended to be a substitute for any inspections or professional advice the Buyer may wish to obtain. An independent, professional inspection is encouraged and may be helpful to verify the condition of the property.
The Seller and LSI Companies disclaim any responsibility for any liability, loss or risk that may be claimed or incurred as a consequence of using this information. Buyer to hold any and all person’s involved in the proposal of the property to be held harmless and keep them exonerated from all loss, damage, liability or expense occasioned or claimed.
Potential Buyer acknowledges that all property information, terms and conditions of this proposal are to be kept confidential, and concur that either the Potential Buyers, nor their agents, affiliates or attorneys will reveal this information to, or discuss with, any third parties.
Buyer will be a qualified Buyer with significant experience in entitlement and development process in Lee County with finesse and wherewithal and be willing to be interviewed by the LSI Companies team.
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MAIDA LANEFORT MYERS, FL
Land Solutions, a branch of LSI Companies, was founded in 2000 by Randy Thibaut to serve land owners, developers and home builders in acquiring land suitable for the development of residential and commercial properties. Today, LSI Companies is a recognized leader in Southwest Florida real estate brokerage, offering full land services, market research, asset management, and residential/commercial land marketing specialties. The LSI Companies team consists of highly skilled professionals with expertise in every aspect of the development process. The team specializes in current market and valuation issues, acquisition and disposition services, due diligence evaluation, per-mitting status and compliance, work-out projects, asset management, and land zoning and planning.
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