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Freestanding Restaurant Building on US-41
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11498 S Cleveland Ave, Fort Myers, FL 33907

Second-generation restaurant with high traffic exposure in Fort Myers, FL.

Property Size2,610 SF
Price / SF$612.26
Days on Market168

Property Features for 11498 S Cleveland Ave

General Information

Standard status Active
Size 2,610 SF
Property subtype Retail
Zoning C-1
Investment Type Owner/User

Building Details

Buildings 1
Stories 1
Listing Agency: LSI Companies
Listed By: Mike Trivett · License #FL SL3518487
Source: Crexi
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 22 at 4:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LSI Companies

Investment Insights

Based on property information with market context.

The property at 11498 S. Cleveland Avenue is a freestanding second-generation restaurant building located in Fort Myers, FL. It features approximately 175 feet of frontage on US-41, providing significant exposure to nearly 53,000 vehicles per day. This location offers opportunities for an end-user, investor, or developer. The property benefits from multiple access points and corner exposure at the intersection of US-41 and Oak Dr. Situated within a dense commercial area, the location has a population of over 69,000 within a 3-mile radius, with an average household income of approximately $75,000. The expected population growth rate between 2025 and 2029 is 3.5%. Several developments and re-developments, including multi-state and nationally recognized brands, are located within approximately 2 miles north and south of the property. The property is located approximately 3.5 miles from Walmart, 5 miles from Downtown Fort Myers, 5.9 miles from Cape Coral and 12 miles from SWFL International Airport (RSW). The building size is 2610 square feet.

Key Highlights

  • High traffic exposure: Approximately 175’ of frontage on US‑41 with nearly 53,000 vehicles per day.
  • Excellent location: Corner exposure at US‑41 and Oak Dr. in a dense commercial corridor.
  • Strong demographics: Population of over 69,000 within a 3‑mile radius and average household income of $75,000±.

Property Analytics

Current Use

Antojitos 504 Restaurant

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Grocery & Convenience Store Electrical Service Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,403
Businesses Nearby
164k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Shops & Services 26% Groceries 13% Apparel 10%
Aldi Groceries
21,667 visits/mo 0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
13,215 visits/mo 0.2 miles
Circle K Shops & Services
13,129 visits/mo 0.3 miles
Starbucks Dining
12,217 visits/mo 0.3 miles
Wings & Rings Dining
10,786 visits/mo 0.2 miles

Demographics for 33907, FL

24,980
Population
14,125
Households
1.8
Avg Household Size
43
Median Age
26%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
3,422
Density / Sq Mi
$49,826
Median Household Income
$33,442
Median Earnings
$1,502
Median Rent
$236,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation restaurant with high traffic exposure in Fort Myers, FL.
Where is this conventional restaurant located?
The property is located at 11498 S Cleveland Ave Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,598,000.
What are key features of this property?
This property features: High traffic exposure: Approximately 175’ of frontage on US‑41 with nearly 53,000 vehicles per day.; Excellent location: Corner exposure at US‑41 and Oak Dr. in a dense commercial corridor.; Strong demographics: Population of over 69,000 within a 3‑mile radius and average household income of $75,000±.
(239) 940-3171 Call to check price and availability
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