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    For Sale (32)

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    Cleared Lot in North Fort Myers
    $55,000
    0.33 Acres

    Cleared Lot in North Fort Myers

    Vacant 0.33-acre lot suitable for building or manufactured home.

    8355 Nault Rd, North Fort Myers, FL 33917
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    Residential Land in Fort Myers
    $110,000
    0.25 Acres

    Residential Land in Fort Myers

    Vacant land ready for a future home or investment.

    4683 Duera Mae Dr, Fort Myers, FL 33908
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    Half-Acre Residential Building Lot
    $32,500
    0.50 Acres

    Half-Acre Residential Building Lot

    Residential building lot in Alva, Florida with southern exposure.

    2602 E 23Rd St, Alva, FL 33920
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    Fort Myers Buildable Land
    $349,900
    0.59 Acres

    Fort Myers Buildable Land

    Development opportunity in high-growth area near I-75 and downtown.

    4836/4839 E Riverside Dr, Fort Myers, FL 33905
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    Cleared Homesite in Burnt Store
    $45,000
    0.22 Acres

    Cleared Homesite in Burnt Store

    0.22-acre homesite in deed-restricted community, utilities available.

    16152 Juarez Cir, Punta Gorda, FL 33955
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    Lehigh Acres Duplex Investment Opportunity
    $359,000
    0.33 Acres

    Lehigh Acres Duplex Investment Opportunity

    Well-maintained duplex in Lehigh Acres, move-in and rent-ready.

    936-938 Eisenhower Blvd, Lehigh Acres, FL 33974
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    Vacant Lot in 55+ Community
    $34,990
    0.10 Acres

    Vacant Lot in 55+ Community

    Vacant lot in a vibrant 55+ North Fort Myers community.

    216 Captains Walk, North Fort Myers, FL 33917
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    Vacant Commercial Lot For Sale
    $32,500
    0.24 Acres

    Vacant Commercial Lot For Sale

    Commercial lot available in Cape Coral, Florida.

    817 NW 31St Pl, Cape Coral, FL 33993
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    Residential Land in Gated Community
    $239,900
    0.15 Acres

    Residential Land in Gated Community

    Residential land in gated community with marina access and amenities.

    14500 Laguna Dr, Fort Myers, FL 33908
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    Land Ready for Development
    $760,000
    3.04 Acres

    Land Ready for Development

    3+ acres shovel-ready land for 9 home sites.

    7640 Morgan Jones Dr, North Fort Myers, FL 33917
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    Fort Myers Land For Sale
    Contact for pricing
    0.11 Acres

    Fort Myers Land For Sale

    Land in desirable location with community amenities.

    13671 Ovenbird Dr, Fort Myers, FL 33908
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    Land in Sunshine Mobile Village
    Contact for pricing
    0.11 Acres

    Land in Sunshine Mobile Village

    Land with amenities in desirable Fort Myers location.

    13660 Warbler Dr, Fort Myers, FL 33908
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    Medical Office Space For Sale
    $1,750,000
    3,651 SF

    Medical Office Space For Sale

    Newly constructed medical office space in a desirable Estero location.

    22904 Lyden Dr, Estero, FL 33928
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    Residential Land in Clewiston, Florida
    $45,000
    1.25 Acres

    Residential Land in Clewiston, Florida

    1.25-acre lot suitable for building a dream home.

    720 N Brida St, Clewiston, FL 33440
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    Water-View Cul-de-Sac Home Lot
    Contact for pricing
    0.37 Acres

    Water-View Cul-de-Sac Home Lot

    Build-ready residential lot on the end of a cul-de-sac with a water view in a RS-1 zoning area.

    325 Irving Ave, Lehigh Acres, FL 33936
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    Lehigh Acres End-of-Canal Lot
    Contact for pricing
    0.30 Acres

    Lehigh Acres End-of-Canal Lot

    Oversized lot near schools and SWFL International Airport.

    392 Carrillon Ave S, Lehigh Acres, FL 33974
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    Vacant Commercial Lot For Sale
    $32,500
    0.24 Acres

    Vacant Commercial Lot For Sale

    Commercial lot available in Cape Coral, Florida.

    813 NW 31St Pl, Cape Coral, FL 33993
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    Waterfront Lot with Gulf Access
    $149,900
    0.13 Acres

    Waterfront Lot with Gulf Access

    Direct Gulf access lot near Caloosahatchee River, Fort Myers.

    1131 Labelle Vista Dr, Fort Myers, FL 33905
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    Fort Myers Acreage Ready to Build
    $299,000
    1.01 Acres

    Fort Myers Acreage Ready to Build

    Cleared 1-acre lot near Fort Myers Beach. No HOA.

    7324 Lake Dr, Fort Myers, FL 33908
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    Cape Coral Cleared Building Lots
    $98,000
    0.46 Acres

    Cape Coral Cleared Building Lots

    Cleared commercial building lots in a developing Cape Coral corridor.

    22 El Dorado Blvd S, Cape Coral, FL 33991
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    Residential Lot in Lehigh Acres
    Contact for pricing
    0.24 Acres

    Residential Lot in Lehigh Acres

    Residential building lot in a convenient and charming Lehigh Acres location.

    853 Milwaukee Blvd, Lehigh Acres, FL 33974
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    Vacant Lot in Lehigh Acres
    Contact for pricing
    0.23 Acres

    Vacant Lot in Lehigh Acres

    Spacious lot in a growing Lehigh Acres community.

    1147 Nimitz Blvd, Lehigh Acres, FL 33974
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    Updated Duplex in Lehigh Acres
    $390,000
    2,204 SF

    Updated Duplex in Lehigh Acres

    Well-maintained duplex with recent updates and strong rental income.

    2238 Fairway Dr, Lehigh Acres, FL 33973
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    Residential Duplex Lot For Sale
    $69,900
    0.29 Acres

    Residential Duplex Lot For Sale

    Residential duplex lot in a fantastic location.

    5211 29Th St SW, Lehigh Acres, FL 33973
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    Professional Office Near Health Park
    $499,000

    Professional Office Near Health Park

    Move-in ready office space near Health Park Medical Center.

    12857 Banyan Creek Dr, Fort Myers, FL 33908
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    Metro Parkway Industrial Office Condo
    Contact for pricing
    2,378 SF

    Metro Parkway Industrial Office Condo

    Multi-tenant industrial office condo with built-out office space.

    12165 Metro Pkwy, Fort Myers, FL 33966
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    Development Opportunity Near Caloosahatchee River
    $349,900

    Development Opportunity Near Caloosahatchee River

    Buildable lots with river access near I-75 and downtown.

    4836-4839 East Riverside Dr, Fort Myers, FL 33905
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    Free Standing Office Building
    $2,600,000

    Free Standing Office Building

    Office building in established University Center Office Park.

    13131 University Dr, Fort Myers, FL 33907
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    Industrial Office Condo For Sale
    $370,000

    Industrial Office Condo For Sale

    Multi-tenant industrial office condo centrally located with easy access.

    12165 Metro Pkwy, Fort Myers, FL 33966
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    Vacant Commercial Lot For Sale
    $32,500

    Vacant Commercial Lot For Sale

    Vacant commercial lot in Cape Coral, Florida.

    813 NW 31St Pl, Cape Coral, FL 33993
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    Vacant Commercial Lot For Sale
    $32,500

    Vacant Commercial Lot For Sale

    Vacant commercial lot for sale in Cape Coral, Florida.

    817 NW 31St Pl, Cape Coral, FL 33993
    View details
    Waterfront Cul-de-Sac Lot
    Contact for pricing

    Waterfront Cul-de-Sac Lot

    Build on a quiet cul-de-sac parcel with water views for a car-dependent lifestyle setup.

    325 Irving Ave, Lehigh Acres, FL 33936
    View details

    For Lease (4)

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    Move-In Ready Fort Myers Office
    $16 SF/Yr

    Move-In Ready Fort Myers Office

    Commercial property with five offices, open area, and break room.

    6150 Diamond Centre Ct, Fort Myers, FL 33912
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    Move-In Ready Fort Myers Office
    $16 SF/Yr

    Move-In Ready Fort Myers Office

    Commercial property with five offices, open area, and break room.

    6150 Diamond Centre Ct, Fort Myers, FL 33912
    View details
    Professional Office Space Available
    Contact for pricing

    Professional Office Space Available

    First-floor office space with shared amenities for rent.

    13131 University Dr, Fort Myers, FL 33907
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    Air Conditioned Office and Warehouse
    Contact for pricing

    Air Conditioned Office and Warehouse

    Fully air-conditioned office and warehouse space available for rent.

    12244 Treeline Ave, Fort Myers, FL 33913
    View details

    Leases and Sales on Map

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    VIP Realty Group, Inc.
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    VIP Realty Group, Inc.
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