Carmax buys into Fort Myers

FORT MYERS — Carmax Auto Superstore bought a 16.73-acre parcel of land on the southeast corner of Colonial Boulevard and Metro Parkway for $4.1 million.

However, there is no guarantee that Carmax will build a dealership on the recently purchased land, a company spokesperson told the Business Review.

Currently, Carmax has laid out a schedule for new store construction that extends into February 2012. Four new stores are planned nationwide, but none are to be built in Florida.