Pine Ridge Rd, Naples, FL 34116

4.78 Acres of Commercial Land Offered at $4,400,000 USD in Naples, FL 34116

Asking Price $4,400,000

Property Type
Land
Square Feet
208,217 SF

Listing Contacts

Fred Kermani, CCIM, AIA
Fred Kermani, CCIM, AIA
  • Property Info

Property Overview

This two lot assemblage totaling 4.78± acres is situated at the SE corner of the signalized intersection of Pine Ridge Road and Logan Boulevard S, a high traffic intersection boasting almost 70,000 vehicles per day and surrounded by both established and growing residential communities. Excellent visibility and access from three road frontages, Pine Ridge Road, Logan Boulevard S and Boxwood Way. Subject to amending the GGAMP (Golden Gate Area Master Plan), the current Estate District zoning has the potential of being developed into an ALF project, Place of Worship, School, Nursing Home, and more. The site also offers the potential for Commercial, Gas Station, Car Wash, Drug Store, or Retail Center, subject to rezoning as well as amending the GGAMP. Lot 2 has a tenant occupied, 1,760± SF, 3-bedroom, 2-bathroom pool home built in 1989, that generates $3,700/month gross rent with a lease that expires on May 21, 2024.

Property Details

Property Subtype
Commercial

Highlights

  • High traffic signalized intersection
  • Excellent visibility and access from three road frontages
  • Many uses allowed, subject to amending the GGAMP or rezoning
  • 41,000 AADT on Pine Ridge Rd and 27,500 AADT on Logan Blvd S
  • Lot 2 includes a pool home that generates $3,700/month gross rent

All available spaces

Space
Lot 1
Size
208,217 SF
Price
$4,400,000

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