Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12830 Kenwood Ln Fort Myers, FL 33907

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $749,900

    Commercial land ideal for self-storage or mixed-use development.

    Lot size:
    0.80 Acres

    Property Features for 12830 Kenwood Ln

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.80 Acres

    Building Details

    Year built
    1989

    We can help!

    Listing Contact
    Frank Pirrone
    Source: Elliman

    Listing Agent: Frank Pirrone

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

    Learn more

    Overview

    Commercial Lot Near US-41

    This commercial lot, spanning just under one acre, is located in a high-visibility, high-traffic area near the intersection of US-41 and College Parkway. The location provides easy access to major routes and is close to businesses, retail centers, and residential communities. The site's size and location offer a range of potential uses, including self-storage, medical, retail, office, service, or hospitality ventures. It is also a suitable location for a medical office seeking a second or new location.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.8733288
    Latitude
    26.5537221

    Nearby Similar for Sale

    • $650,000
      4,002 SF

      Office and Warehouse Space

      4002 SF office/warehouse in Fort Myers, Florida.
      12155 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • New
      $1,475,000
      15,000 SF

      Commercial Portfolio in Central Fort Myers

      Income-producing commercial portfolio with redevelopment potential in central Fort Myers.
      1940 Suwanee Ave, Fort Myers, FL 33901
      View Details
    • $900,000
      3,000 SF

      Commercial Building on San Carlos Boulevard

      High-traffic location, blank canvas, ideal for various commercial uses.
      16541 San Carlos Blvd, Fort Myers, FL 33908
      View Details
    • New
      $674,500
      0.18 Acres

      Income-Producing Body Shop For Sale

      Income-producing body shop with stable lease in place.
      2242 Fowler St, Fort Myers, FL 33901
      View Details
    • $3,500,000
      7,231 SF

      Fort Myers Medical/General Office

      7,231 sq ft medical/general office space for sale.
      3822 Broadway, Fort Myers, FL 33901
      View Details
    • $899,000
      4,850 SF

      Fort Myers Commercial Building For Sale

      4,850 SF CBS building with showroom, offices, and warehouse.
      2119 Fowler St, Fort Myers, FL 33901
      View Details
    • $675,000
      2,384 SF

      Renovated Office/Medical Building in Midtown

      Renovated 2,384 SF office/medical building with multi-tenant potential.
      2080 Collier Ave, Fort Myers, FL 33901
      View Details
    • $349,900
      0.36 Acres

      Fort Myers Warehouse with Office

      Warehouse with private office, gated access, near airport and I-75.
      3560 Work Dr, Fort Myers, FL 33916
      View Details
    • $154,500
      10,800 SF

      Auto Body Shop Business

      Fully equipped auto body repair shop business for sale.
      1901 Dana Dr, Fort Myers, FL 33907
      View Details
    • $684,140
      1,545 SF

      New Retail Units in Fort Myers

      Modern retail units in a high-growth area with excellent visibility.
      8156 Alico Rd, Fort Myers, FL 33912
      View Details
    • $684,140
      1,545 SF

      New Retail Units in Fort Myers

      Modern retail units in high-growth area with excellent visibility.
      8156 Alico Rd, Fort Myers, FL 33912
      View Details
    • $699,900
      0.50 Acres

      Fort Myers Commercial Building For Sale

      2,964 sq ft commercial building on high-traffic MLK corridor.
      3050 Michigan Ave, Fort Myers, FL 33916
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land ideal for self-storage or mixed-use development.
    Where is this commercial land located?
    The property is located at 12830 Kenwood Ln Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: - Prime commercial lot in a high-visibility, high-traffic area near US-41 and College Parkway; - Ideal for self-storage or mixed-use development; - Strategic location with easy access to major routes
    (239) 462-8165
    Request Owner's contact information
    12830 Kenwood Ln Fort Myers, FL 33907
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12830 Kenwood Ln
    Fort Myers, FL 33907
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    12830 Kenwood Ln Fort Myers, FL 33907
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Frank Pirrone
    Real Estate License ID: 252013210
    (239) 462-8165
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!