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    4434-4458 Cleveland Ave Fort Myers, FL 33901

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    For Sale
    $5,700,000

    Fully renovated, 100% occupied shopping center in Fort Myers.

    Lot size:
    2.10 Acres

    Property Features for 4434-4458 Cleveland Ave

    General Information

    Lot size
    2.10 Acres

    Building Details

    Year built
    1973

    Source: APEX Capital Realty LLC Agent Danilo Aquino

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

    Overview

    Renovated Shopping Center For Sale

    This fully renovated neighborhood shopping center is situated on a prime corner in Fort Myers, directly across from Edison Mall. The property features three standalone multi-tenant buildings, encompassing a total of 22,038 rentable square feet, and is positioned on a 2.1-acre lot. The center is currently 100% occupied by 13 tenants under NNN leases, generating a net operating income (NOI) of approximately $477,038. Recent capital improvements totaling $1.1 million include a new roof, HVAC systems, parking lot upgrades, landscaping enhancements, and updated lighting. The property is located in one of Fort Myers' most active commercial corridors. Below-market lease rates offer strong upside potential.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    South Plaza, Florida MV Express Kiosk, El Dorado Plaza, Page Field Commons, Colonial Crossings

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.8724507
    Latitude
    26.5976651

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    FAQs

    What type of property is this?
    Shopping center - Fully renovated, 100% occupied shopping center in Fort Myers.
    Where is this shopping center located?
    The property is located at 4434-4458 Cleveland Ave Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $5,700,000.
    What are key features of this property?
    This property features: - Prime corner location in Fort Myers across from Edison Mall; - Fully renovated with $1.1M in recent capital improvements including new roof, HVAC, and parking lot; - 100% occupied by 13 tenants on NNN leases
    (786) 201-3020
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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
    4434-4458 Cleveland Ave Fort Myers, FL 33901
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