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Lee County DOT buys Enterprise building
BUYER: Lee County, Fort Myers
SELLER: Reliance Bank
PROPERTY: 5642 Enterprise Parkway, Fort Myers
PRICE: $1.34 million
PREVIOUS PRICE: $2.22 million, October 2005
LAW FIRM ON DEED: Richard W. Pringle PA, Fort Myers
PLANS, DESCRIPTION: Lee County government purchased a 24,451-square-foot industrial manufacturing building on Enterprise Parkway north of Luckett Road and bordering Interstate 75 for $1.34 million.
The purchase price equated to $55 per square foot of building space. Cliff Wiersma and Tim Kistel of TRK Commercial Real Estate Services handled the transaction.
“The county [Department of Transportation] has a facility right next door and needed more space,” Wiersma says. “The building has more than 10,000 square feet of office space, which they liked. It also has a huge lot so they can store a lot of vehicles there. It was a terrific value to the county...It was also bank owned.”
The building was originally constructed in 1987 and occupies a 2.8-acre parcel.
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