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    3110 Cleveland Ave Fort Myers, FL 33901

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    For Sale
    $4,026,000

    Fully occupied retail center anchored by Dollar General and Lee Health.

    Property size:
    30,767 SF
    Lot size:
    2.49 Acres

    Property Features for 3110 Cleveland Ave

    General Information

    Size
    30,767 SF
    Lot size
    2.49 Acres

    Source: Matthews Real Estate Investments Services | Tampa Agent Aiden Hawkins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center with Stable Income

    This retail center is 100% occupied with four tenants. The tenant roster includes Dollar General and Lee Memorial Health Systems, both of which have been in place for over a decade. The average tenant has been at the property for 11 years. Most tenants have 5-year renewal options in place. A new roof was installed in 2023. The property contains 30767 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    First Street Village, Parking, Beauty Shop

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.8729284
    Latitude
    26.6192937

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    FAQs

    What type of property is this?
    Shopping center - Fully occupied retail center anchored by Dollar General and Lee Health.
    Where is this shopping center located?
    The property is located at 3110 Cleveland Ave Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $4,026,000.
    What are key features of this property?
    This property features: - 100% Occupied with Long-Term Tenancy; - Anchored by Dollar General and Lee Memorial Health Systems; - Tenants Average 11 Years of Occupancy
    (305) 394-5735
    Request Owner's contact information
    3110 Cleveland Ave Fort Myers, FL 33901
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    Realmo Value Estimation

    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.

    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.

    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
    3110 Cleveland Ave Fort Myers, FL 33901
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