9. Authorize Binding Offer for Alico Road Connector Phase III Widening – Parcels 300A

Lee Board of County Commissioners · 2026-04-21 · agenda_item

The Lee Board of County Commissioners is planning to acquire land for the Alico Road Connector Phase III Widening project. This project involves purchasing two parcels, identified as 300A and 300B, totaling approximately 11.795 acres. These parcels are located on the south side of State Road 82. The board is considering a binding offer of $2,750,000 to purchase the land, plus an estimated $10,000 for closing costs. This land acquisition is a planned step to allow for the widening of Alico Road. The project will involve acquiring land rights, followed by site clearing, grading, and utility work. Later phases will include road construction and paving. Contractors specializing in land acquisition, site preparation, heavy civil construction, and road building may find opportunities. Reaching out early could provide an advantage before final bid processes begin.

Parcels

300A and 300B

Acres

11.795

Binding Offer

2750000 $

Closing Costs

10000 $

Appraised Value

2249800 $

Increase over Appraised Value

500200 $

Current Year Dollar Amount

2760000 $

Project Number

9245