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    2529 Simpson St Fort Myers, FL 33901

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    For Sale
    $320,000

    Freestanding restaurant in Fort Myers with a new lease.

    Property size:
    1,600 SF
    Lot size:
    0.18 Acres

    Property Features for 2529 Simpson St

    General Information

    Size
    1,600 SF
    Lot size
    0.18 Acres

    Source: LQ Commercial - Corporate Agent Bob Pekol

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

    Overview

    Freestanding Restaurant Near Fowler Street

    This freestanding restaurant is located off Fowler Street in Fort Myers. The property benefits from a heavy daytime population due to surrounding retail, office, and industrial businesses. The land size is 7,841 square feet. The building size is 1,600 square feet. A new 5-year lease is in place. The Net Operating Income (NOI) is $18,000 with 3% annual increases.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.8611706
    Latitude
    26.6138031

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    FAQs

    What type of property is this?
    Restaurant - Freestanding restaurant in Fort Myers with a new lease.
    Where is this restaurant located?
    The property is located at 2529 Simpson St Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - Freestanding restaurant location on busy Fowler Street.; - New 5-year lease in place.; - NOI: $18,000 with 3% annual increases.
    (239) 872-7777
    Request Owner's contact information
    2529 Simpson St 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
    2529 Simpson St Fort Myers, FL 33901
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