Automotive Garage with
For Sale
$550,000
3018 Cleveland Ave, Fort Myers, FL 33901
COMMERCIAL - FORT MYERS, FL
Property Size1,389 SF
Lot Size0.34 Acres
Price / SF$395.97
Days on Market285
Property Features for 3018 Cleveland Ave
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C1
Subdivision
FM02 - Fort Myers Area
Standard status
Active
APN
26-44-24-P2-0120D.0010
Size
1,389 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
CORONADO BLK D PB 6 PG 75 LOTS 1 + 2 + S 29.45 FT OF LOT 3
Tax Annual Amount
6177
Legal Description
CORONADO BLK D PB 6 PG 75 LOTS 1 + 2 + S 29.45 FT OF LOT 3
Building Details
Year built
1955
Floors in Building
1
Listing Agency:
Premier Commercial Inc
(239) 992-1200
Listed By:
Matthew Stepan PA · License #3082516
(239) 213-7408
Added: Oct 21, 2025
Changed: Jul 2
Last Checked: Aug 1 at 11:06AM
MLS# 225079444
Copyright © 2026 Coconut Coast Organization of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale automotive garage includes approximately 1,389+/- SF of improvements, with about 316+/- SF dedicated to office and storage and about 1,073+/- SF supporting garage functions. The garage is equipped with four overhead doors and two oil change bays, designed to accommodate vehicle service activities. In addition, there is approximately 1,175+/- SF of adjacent covered parking to support customers and staff.
The property is located on a corner at Cleveland Ave (US-41) and Sunset Place, less than one block south of Hanson Street, providing straightforward access from two directions. The site sits on a 0.343-acre lot and is positioned for commercial use along a main corridor.
Zoned C1 as Commercial Intensive by the City of Fort Myers, the permitted uses listed include vehicle service and repair, warehousing, medical/professional offices, pharmacy, convenience store, laundromat, restaurant, car wash, light manufacturing, and pawnshop, among others. With its combination of office space, service-focused garage configuration, and covered parking, the building is suited for automotive-related operators and other C1 uses that benefit from on-site vehicle servicing and customer-accessible staging.
The property is located on a corner at Cleveland Ave (US-41) and Sunset Place, less than one block south of Hanson Street, providing straightforward access from two directions. The site sits on a 0.343-acre lot and is positioned for commercial use along a main corridor.
Zoned C1 as Commercial Intensive by the City of Fort Myers, the permitted uses listed include vehicle service and repair, warehousing, medical/professional offices, pharmacy, convenience store, laundromat, restaurant, car wash, light manufacturing, and pawnshop, among others. With its combination of office space, service-focused garage configuration, and covered parking, the building is suited for automotive-related operators and other C1 uses that benefit from on-site vehicle servicing and customer-accessible staging.
Key Highlights
- High‑traffic location on the corner of Cleveland Ave (US‑41) and Sunset Place.
- Commercial Intensive zoning allows for a wide range of business uses.
- Includes a 1,073+\/- SF garage with 4 overhead doors and 2 oil change bays.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.7k | $24.96 |
| − Vacancy | −$2.8k | −$2.05 |
| EGI | $31.8k | $22.91 |
| − OpEx | −$8.0k | −$5.73 |
| NOI | $23.9k | $17.18 |
1,389 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$341.0K
$298.4K – $397.8K
NOI $23,870 @ 7.0% cap · market cap 4.34%
Second Best
Retail
$260.3K
$227.8K – $303.7K
NOI $18,221 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$437.2K
$382.5K – $510.0K
NOI $30,602 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Drive-in doors
2
Service bays
Location Intelligence
Trade Area within ½ mile
2,292
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33901, FL
22,629
Population
11,709
Households
1.9
Avg Household Size
43
Median Age
29%
College-Educated
83%
High-School Grad
6.2 sq mi
ZIP Area
3,650
Density / Sq Mi
$51,579
Median Household Income
$37,233
Median Earnings
$1,291
Median Rent
$280,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- US 41 tires & auto repair — 3539 Cleveland Ave, Fort Myers, FL 33901
- All Tune And Lube — 3409 fowler st, fort myers, fl 33901
- Heritage Automotive Corporation — 3621 cleveland ave, fort myers, fl 33901
- Elite Auto Body And Repair — 3405 Fowler St #110, Fort Myers, FL 33901
- Jones Service & Repair — 3476 Fowler St, Fort Myers, FL 33901
Frequently Asked Questions
What type of property is this?
Auto shop - Corner commercial property with office, storage, and a garage featuring multiple overhead doors and oil change bays.
Where is this auto shop located?
The property is located at 3018 Cleveland Ave Fort Myers, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: High‑traffic location on the corner of Cleveland Ave (US‑41) and Sunset Place.; Commercial Intensive zoning allows for a wide range of business uses.; Includes a 1,073+\/- SF garage with 4 overhead doors and 2 oil change bays.