Loading
BUYER: Lee County, Fort Myers
SELLER: North Crossroads Ventures Inc.
PROPERTY: 2805 N. Tamiami Trail, North Fort Myers
PRICE: $939,631.55
PREVIOUS PRICE: $1.71 million, August 2005
LAW FIRM ON DEED: Duncan & Associates PA, Fort Myers
PLANS, DESCRIPTION: Lee County purchased 9.88 acres between U.S. 41 and Business U.S. 41 for $939,631.
The price equated to $95,104 per acre.
The property was purchased as a future pond site for water retention and collection. The county needed the retention for the eventual widening of Business 41 from Littleton Road to U.S. 41.
There are no current plans to move forward on those transportation improvements, according to Robert Clemens, land acquisition manager for Lee County. “This was bought based on our future needs,” he says. The purchase was funded through impact fees.
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
