Tamiami Trail Commercial
For Sale
$1,750,000
1357 N Tamiami Trail, North Fort Myers, FL 33903
8,126 SF commercial building on 0.83 acres.
Property Size8,126 SF
Lot Size0.83 Acres
Price / SF$215.36
Days on Market408
Property Features for 1357 N Tamiami Trail
General Information
Standard status
Active
Size
8,126 SF
Lot size
0.83 Acres
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Realty One Group MVP
Listed By:
Joanne Fultz · License #SL3449480
(937) 232-3070
Source:
Cthomeseekers
Added: Aug 28, 2025
Changed: Oct 4
Last Checked: Oct 7 at 1:34PM
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 Realty One Group MVP
Investment Insights
Based on property information with market context.
Located on a busy stretch of Tamiami Trail, this 8,126 sq. ft. commercial building sits on 0.83 acres. The property features highly visible frontage and a fenced lot with signage. It is zoned C2, offering flexible use for office, medical office, or retail purposes. The property is in close proximity to new construction apartment buildings, including the Alary (272 units), Horizon Tamiami (468 units), and Hancock Bridge Square (320 units).
Key Highlights
- High‑visibility frontage on busy Tamiami Trail.
- Flexible C2 zoning allows for office, medical office, or retail use.
- Seller financing available (50% down, 3 yr balloon @9%).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$139,645
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,792,900
$2.8M
Cap Rate 7%
$1,994,929
$2.0M
Cap Rate 9%
$1,551,611
$1.6M
Market Conditions
NOI Build-Up for 8,126 SF
Gross rent
$202.8K $24.96/SF
− Vacancy
−$16.6K −$2.05/SF
EGI
$186.2K $22.91/SF
− OpEx
−$46.5K −$5.73/SF
NOI
$139.6K $17.18/SF
Area
Lee County, FL
Vacancy
8.20%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,792,900
Cap Rate 7%
$1,994,929
Cap Rate 9%
$1,551,611
Alternative Uses
Best Use
Office B
$1.99M
$1.75M – $2.33M
NOI $139,645 @ 7.0% cap · market cap 7.98%
Second Best
Retail
$1.52M
$1.33M – $1.78M
NOI $106,599 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$2.56M
$2.24M – $2.98M
NOI $179,032 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
781
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33903, FL
23,294
Population
15,400
Households
1.5
Avg Household Size
61
Median Age
24%
College-Educated
89%
High-School Grad
11.3 sq mi
ZIP Area
2,061
Density / Sq Mi
$56,317
Median Household Income
$32,452
Median Earnings
$1,152
Median Rent
$135,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 8,126 SF commercial building on 0.83 acres.
Where is this medical office space located?
The property is located at 1357 N Tamiami Trail North Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: High‑visibility frontage on busy Tamiami Trail.; Flexible C2 zoning allows for office, medical office, or retail use.; Seller financing available (50% down, 3 yr balloon @9%).
