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For Sale

5.74± Acres | Potential for Larger Assemblage

5253 Cherry Wood Dr,
Naples, FL 34119

Asset Snapshot

2000
Year Built
1
Floor Count
5.74 Acres
Land Area

Offering Summary

Investment Overview

5.74± acres across two adjacent parcels with the possibility to expand into a larger assemblage. Dual road frontage with approximately 300± feet on Vanderbilt Beach Road and access from Cherry Wood Drive, with the opportunity to expand Vanderbilt Beach Road frontage through assemblage. Located in one of North Naples’ fastest-growing development corridors on the south side of Vanderbilt Beach Road and west of Collier Blvd., the property is surrounded by continued residential growth, supporting future demand for neighborhood-serving commercial uses. The recently completed Vanderbilt Beach Road Extension has improved regional connectivity and accessibility throughout the area. The 208-unit Saltgrass Reserve multifamily community, currently under construction immediately east of the property, is expected to further increase residential density and support future commercial demand. The new Mason Classical Academy campus is located nearby, adding another long-term institutional demand driver. Existing single-family residences provide interim holding potential while assemblage or redevelopment plans are pursued.


Investment Highlights

  • Surrounded by continued residential growth, supporting future demand for neighborhood-serving commercial uses.
  • Existing single-family residences provide interim holding potential while assemblage or redevelopment plans are pursued.
  • As surrounding development continues to transform the Vanderbilt Beach Road corridor, larger contiguous development sites are becoming increasingly difficult to assemble.
  • The assemblage offers developers the opportunity to create a project of meaningful scale in one of North Naples’ fastest-growing areas.
  • The area continues to experience significant residential expansion supported by new transportation infrastructure, educational facilities, and commercial investment.
  • Potential uses include Medical, Retail, Multifamily, Church, School, and Mixed Use.

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For Sale
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