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Coral Lakes Cape Coral Mixed-Use Development Opportunity

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Coral Lakes Cape Coral Mixed-Use Development Opportunity CORAL LAKES CAPE CORAL MIXED-USE DEVELOPMENT OPPORTUNITY DEL PRADO BLVD. AADT 16,600± CORAL LAKE BLVD. WWW.LSICOMPANIES.COMOFFERING MEMORANDUM 1 CORAL OFFERING SUMMARY LAKES Address: 3100 Del Prado Blvd N. Cape Coral, FL 33909 EXECUTIVE TEAM County: Lee Property Size: 23.3± Acres (Multi-Family Parcels) 1.1-1.4± Acres (Commercial Outparcels) Zoning: CI/PDP Future Land Use: Mixed-Use Justin Thibaut, CCIM Utilities: Water, Sewer, Electric, and Cable President / Partner Parcel ID: 30-43-24-C2-006C1.0000 2019 Taxes: $15,614.96 DIRECT ALL OFFERS TO: Price: $3,500,000 (Residential) JUSTIN THIBAUT, CCIM $3,000,000 (Commercial) [email protected] 239.489.4066 MARKETED AND EXCLUSIVELY LISTED BY: 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. WWW.LSICOMPANIES.COM EXECUTIVE SUMMARY Coral Lakes consists of 34± acres of prime residential and commercial development potential along Del Prado Blvd. in Cape Coral, FL. Situated adjacent to the successfully com- pleted single-family neighborhood, Coral Lakes, this site of- fers the opportunity to bring new multi-family product to an CORAL LAKE BLVD. underserved market, and commercial opportunities along a well-traveled Lee County roadway. The site is in close proximity to shopping, dining, a Publix-an- chored retail center, healthcare facilities, and a multitude of DEL PRADO BLVD. PRADO DEL entertainment options along nearby Pine Island Rd. BLVD. PRADO DEL Recent multi-family activity in the Cape Coral market contin- ues to escalate, proving the demand for new rental housing product. With quick access to I-75 and US-41, paired with nearby attractions, Coral Lakes is the next mixed-use devel- opment to emerge in one of the fastest growing communi- ties in the United States. AADT 16,600± DEL PRADO BLVD. WWW.LSICOMPANIES.COM 3 SITE AERIAL KISMET PKWY. AADT 16,600± DEL PRADO BLVD. CORAL LAKE BLVD. WWW.LSICOMPANIES.COM 4 SITE AERIAL WWW.LSICOMPANIES.COM CORAL LAKE BLVD. DEL PRADO BLVD. AADT 16,600± 5 LOCATION MAP LEE COUNTY Burnt Store Marina GASPARILLA 75 To TAMPA 31 ISLAND 75 121 Miles . XT E 143 O NORTH BAYSHORE RD D A R FORT MYERS P L Coral Oaks E SITE D BURNT STORE RD BURNT STORE KISMET PKWY Golf Course RAILROAD 80 LITTLETON RD 78 BLVD RD 141 ORANGE RIVER BLVD PONDELLA RD SITE ALT. RT 41 765 River PALM BEACH HANCOCK BRIDGE PKWY BUCKINGHAM 41 139 PINE ISLAND RD CAYO MLK BLVD COSTA 78 138 BUCKINGHAM LEHIGH AVE ACRES CAPE FORT 82 JOEL BLVD MATLACHA MYERS CORAL RD GUNNERY FOWLER ST ORTIZ RD LEE BLVD 136 PINE CLEVE LAND ISLAND COLONIAL BLVD LEELAND HEIGHTS BLVD 867 DEL PRADO BLVD IMMOKALEE RD RD S Caloosahatchee 75 T 75 CHIQUITA BLVD CHIQUITA SIX MILE R I N CYPRESS PKWY Gateway BAMA G F E CAPE CORAL PKWY ALA L L PKWY O COL LEGE METRO PKWY W PALOMINO LN PALOMINO 131 R CYPRESS LAKE DANIELS PKWY 82 D HOMESTEAD RD HOMESTEAD RD Iona MCGREGOR BLVD GLADIOLUS DR SWFL Int'l. SHELL POINT BLVD AIRPORT BLVD BELL GRAHAM ALEXANDER Health Park TREELINE 867 IN L R E DAVIS R DAVIS M CAPTIVA SUM ISLAND ST. JAMES 869 ALICO RD 128 CITY BLVD SAN CARLOS 865 JOHN MORRIS To Florida SANIBEL RD ISLAND PARK Gulf Coast San Carlos University Park OAKS PKWY OAKS ILL GRIFFIN PKWY GRIFFIN ILL SCREW RD CORK THREE FORT MYERS H BEN PERIWINKLE WAY BEACH WWW.LSICOMPANIES.COMESTERO BLVD 6 123 SANIBEL ESTERO ISLAND 41 RAILROAD COCONUT GULF PELICAN OF LANDING STRIKE LN MEXICO BONITA 887 BEACH BONITA BAY TERRY ST BONITA SPRINGS 116 BONITA BEACH RD 846 arraco Band Associates, Inc. CIVIL ENGINEERING - LAND SURVEYING LAND PLANNING W www.barraco.net 2271 McGREGOR BLVD., SUITE 100 S N POST OFFICE DRAWER 2800 SITE PLAN FORT MYERS, FLORIDA 33902-2800 PHONE (239) 461-3170 FAX (239) 461-3169 E FLORIDA CERTIFICATES OF AUTHORIZATION 0 38 75 150 ENGINEERING 7995 - SURVEYING LB-6940 PREPARED FOR SCALE IN FEET EXISTING LAKE Land EXISTING LAKE Solutions inc. 6810 INTERNATIONAL CENTER BLVD. FORT MYERS, FL 33912 PHONE (239) 482-1500 FAX (239) 481-8477 LAKE EXPANSION TYPE IV WWW.LANDSOLUTIONS.NET 10 PROJECT DESCRIPTION EXISTING LAKE 11 10 11 9 8 9 9 9 9 9 9 CORAL 5 7 EXISTING LAKE 13 9 LAKES 11 10 10 TYPE I TYPE LAKE EXPANSION 9 6 TYPE I TYPE 9 11 6 9 LEE COUNTY, FLORIDA TYPE IV TYPE 9 8 10 PROPOSED DENSITY 6 1 BED 2 BED 3 BED THIS PLAN IS PRELIMINARY AND TYPE IV TYPE INTENDED FOR CONCEPTUAL 9 BUILDING I 10 IV TYPE 8 7 36 UNITS 24 UNITS - PLANNING PURPOSES ONLY. TYPE III 3 BUILDINGS TYPE III 9 BUILDING II SITE LAYOUT AND LAND USE PROPOSED LAKE PROPOSED LAKE 12 48 UNITS 48 UNITS - 4 BUILDINGS INTENSITIES OR DENSITIES MAY CHANGE SIGNIFICANTLY BASED BUILDING III UPON SURVEY, ENGINEERING, 8 8 36 UNITS 24 UNITS - 10 ENVIRONMENTAL AND / OR 9 3 BUILDINGS TYPE II TYPE 7 o REGULATORY CONSTRAINTS AND / TYPE II o o o o OR OPPORTUNITIES. TYPE II TYPE BUILDING IV - 48 UNITS 32 UNITS o 4 BUILDINGS 12 o 6 POOL o DRAWING NOT VALID WITHOUT SEAL, SIGNATURE AND DATE 9 C COPYRIGHT 2020, BARRACO AND ASSOCIATES, INC. TYPE II TYPE TOTAL: 120 UNITS 144 UNITS 32 UNITS 7 o REPRODUCTION, CHANGES OR ASSIGNMENTS ARE PROHIBITED TYPE III COMPACTOR o 10 TYPE I 10 8 FILE NAME 23524X00-OPT9.DWG o 6 GRAND TOTAL: 296 UNITS LOCATION J:\23524\DWG\PRELIM\ 9 o o 9 o CLUB o PLOT DATE MON. 2-10-2020 - 8:59 AM o 10 o 6 9 10 10 10 ANGELICA HARDY 10 PLOT BY 9 o GATE CROSS REFERENCED DRAWINGS o UNITS BY BUILDING 8 10 5 10 6 9 BASEPLAN = 23524A00-OPT9.DWG 11 9 9 CAR WASH 1 BED 2 BED 3 BED o 6 BUILDING I 10 12 UNITS 8 UNITS - 20 UNITS 9 PLAN REVISIONS BUILDING II 12 UNITS 12 UNITS - 24 UNITS BUILDING III 12 UNITS 8 UNITS - 300' 20 UNITS BUILDING IV 12 UNITS 8 UNITS (CP) FUTURE 20 UNITS OUTPARCEL OUTPARCEL OUTPARCEL 1.4 AC LAND USE 1.1 AC 1.1 AC OUTPARCEL 1.1 AC OUTPARCEL 1.1 AC PARKING PLAN STATUS OUTPARCEL OUTPARCEL 1.2 AC 1.1 AC PARKING RATE: 1.75 2 2.5 REQ'D SPACES: 210 288 80 TOTAL SPACES REQUIRED: 578 PRELIMINARY SITE PLAN SURFACE PARKING SPACES: 494 OPTION 9 GARAGE PARKING SPACES: 126 PROJECT / FILE NO. SHEET NUMBER TOTAL PARKING SPACES PROVIDED: 620 23524 WWW.LSICOMPANIES.COM 7 AREA AMENITIES SPORTS & RECREATION ATTRACTIONS & ENTERTAINMENT EDUCATION The Southwest Florida environment provides excellent Southwest Florida’s greatest attractions and A highly respected private educational institution, weather for enjoying sports and recreation year-round. entertainment opportunities offer something for Hodges University, is located just 14 miles from the Golfers can enjoy the nearby Fort Myers Country Club everyone, from festival-goers and theatre lovers to property. Other higher education opportunities in Fort Golf Course as it’s just one of many golf courses from families and college students. Yellow Fever Creek Myers include Florida Gulf Coast University and Florida which to choose in the Fort Myers area. Baseball fans can Preserve and Prairie Pines Preserve are two of the closest Southwestern State College. These are easily accessible, enjoy two MLB teams during Spring Training season – The nature attractions. Each provide wonderful opportunities making the site an excellent location for students. For Boston Red Sox at JetBlue Park and The Minnesota Twins to explore the Southwest Florida environment and families with children, the School District of Lee County at CenturyLink Sports Complex (Hammond Stadium). enjoy the beautiful weather. Sun Harvest Citrus is also provides excellent public schools within very close The Fort Myers Miracle baseball team plays during the a very popular outing with a Florida flair, where visitors proximity to the property. The District provides busing summer months and a variety of sporting events occur can purchase grove-fresh oranges and orange juice. for those who wish to attend a school outside of the year round at these world-class facilities. Finally, Fort Of course, the beaches – including world renowned immediate neighborhood. Myers’ location on the Gulf of Mexico make it an excellent Sanibel and Captiva Islands and Fort Myers Beach – and place to enjoy a variety of water sports such as boating, other Fort Myers attractions are within a few miles of kayaking and fishing. the property. Additional entertainment can be found throughout the area. 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. WWW.LSICOMPANIES.COM 8 AREA AMENITIES SHOPPING & DINING A plethora of shopping and dining attractions are THE FORUM is a 458,000± square foot retail property and situated conveniently throughout Fort Myers. presents numerous shopping and dining opportunities LOCATION HIGHLIGHTS BELL TOWER SHOPS is a landmark shopping, dining to Fort Myers residents. Retail stores include Staples, and entertainment destination centrally located in Fort The Home Depot, Bed Bath & Beyond, and Petco. Dining • 0.5± miles from Publix Shopping Center Myers, Florida. The open-air center offers fine retail shops options include Buffalo Wild Wings, Five Guys Burgers and Fries, McAlister’s Deli, and Starbucks. • 2.5± miles from Walmart, Aldi, Home Depot, including eclectic boutiques and shopping favorites and the Shell Factory Williams-Sonoma, Chico’s, White House | Black Market, COCONUT POINT is a picturesque outdoor mall featuring • 3± miles from US 41 Victoria’s Secret, Scout & Molly’s Boutique, and Talbots.
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