3018 Cleveland Ave Fort Myers, FL 33901
COMMERCIAL - FORT MYERS, FL
Property Features for 3018 Cleveland Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- C1
- Standard status
- Active
- APN
- 26-44-24-P2-0120D.0010
- Size
- 1,389 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- CORONADO BLK D PB 6 PG 75 LOTS 1 + 2 + S 29.45 FT OF LOT 3
- Tax Annual Amount
- 6177
Building Details
- Year built
- 1955
- Floors in Building
- 1
Listing agent Matthew Stepan PA License #3082516 (239) 213-7408
Listing office Premier Commercial Inc 27400 Riverview Center Blvd, Bonita Springs, FL (239) 992-1200
Listing date Oct 21, 2025
Copyright © 2026 Coconut Coast Organization of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located on a corner at Cleveland Ave (US-41) and Sunset Place, less than one block south of Hanson Street, providing straightforward access from two directions. The site sits on a 0.343-acre lot and is positioned for commercial use along a main corridor.
Zoned C1 as Commercial Intensive by the City of Fort Myers, the permitted uses listed include vehicle service and repair, warehousing, medical/professional offices, pharmacy, convenience store, laundromat, restaurant, car wash, light manufacturing, and pawnshop, among others. With its combination of office space, service-focused garage configuration, and covered parking, the building is suited for automotive-related operators and other C1 uses that benefit from on-site vehicle servicing and customer-accessible staging.
Key Highlights
- High‑traffic location on the corner of Cleveland Ave (US‑41) and Sunset Place.
- Commercial Intensive zoning allows for a wide range of business uses.
- Includes a 1,073+\/- SF garage with 4 overhead doors and 2 oil change bays.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.7k | $24.96 |
| − Vacancy | −$2.8k | −$2.05 |
| EGI | $31.8k | $22.91 |
| − OpEx | −$8.0k | −$5.73 |
| NOI | $23.9k | $17.18 |
Alternative Uses
Property Analytics
Current Use by Public Records
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