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    4531 Deleon Street Fort Myers, FL 33907

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    COMMERCIAL - Fort Myers, FL

    Type:Office
    Lot size:
    0.90 Acres
    Added:
    Jan 26, 2017
    Days on Market:
    3386
    Last Refresh:
    May 5 at 6:06 pm

    Property Features for 4531 Deleon Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    APN
    02-45-24-P2-00066.0040
    Lot size
    0.90 Acres

    Taxes and HOA fees

    Tax Year
    2017
    Tax Description
    PARL IN NW 1/4 OF NE 1/4 AS DESC IN OR 1042 PG 1821 + IN OR 1077 PG 271
    Tax Annual Amount
    13927

    Building Details

    Year built
    1985
    Floors in Building
    2

    We can help!

    Listing Contact
    Natalia Keren

    Listing agent Natalia Keren License #258018292

    Listing office Rossman Realty Group Inc 1104 SE 46th Ln, Cape Coral, FL

    Listing date Jan 26, 2017

    MLS# 217006949

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Myers Office/Retail Space

    Professional office and retail spaces are available for rent in a high-visibility area of Fort Myers, Florida. The fully built-out office spaces offer floor plans suitable for a variety of users, with suites ranging from 460 to 3024 square feet. The property is ideally located at a signalized intersection on Colonial Boulevard, in close proximity to US41. This location benefits from the highest traffic count in Lee County, making it a prime spot for businesses seeking excellent exposure and access to major markets in Southwest Florida. The property offers excellent exposure with signage opportunities on busy Colonial Boulevard. The ground floor space provides great proximity to entrances and frontage. All offices are hard-wired for internet and include ADA-compliant bathrooms. Outdoor common areas are available for meetings, along with abundant parking and accommodating floor plans. The property is situated on approximately 0.9 acres at the intersection of Colonial Boulevard and Deleon Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Beauty Club Hair Salon BEAUTÉFi Beauty Bar Hair Salon Premier Referral Services Consultant miranda lawson photography Wedding Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.876592
    Latitude
    26.596215

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    FAQs

    What type of property is this?
    Office units - Professional office/retail space in high visibility Fort Myers location.
    Where is this office units located?
    The property is located at 4531 Deleon Street Fort Myers, FL.
    What are key features of this property?
    This property features: High visibility location on Colonial Boulevard with the highest traffic count in Lee County.; Excellent exposure with signage opportunities on Colonial Boulevard.; Fully built‑out office spaces with accommodating floor plans (460 SF - 3024 SF).
    (239) 851-3573
    We can help!
    Listing Contact
    Natalia Keren
    Real Estate License ID: 258018292
    Learn More
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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
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