The Reserve at Penzance

11731 Ranchette Road Fort Myers, FL 33966

11731 Ranchette Road, Fort Myers, FL, 33966
Site Plan
11731 Ranchette Road, Fort Myers, FL, 33966 11731 Ranchette Road, Fort Myers, FL, 33966
FOR SALE
Property Type:
Residential Land Development
Amount:
$1,790,000
Last Verified:
Feb 20, 2023


Description

Fully entitled with permits in-place!
Entitled for up to 44 single family home sites
Future land use: Central Urban
Excellent in-fill location.

Minutes from shopping, dinning, and Page Field Airport.

Lot Size: 11.88 acres


Documents

Ranchette_Road_Flyer.pdf

Map of 11731 Ranchette Road, Fort Myers, FL, 33966

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.