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Freestanding Automotive/Service Building

3045 Fowler St Fort Myers, FL 33901

New
3045 Fowler St, Fort Myers, FL, 33901
$1,600,000
For Sale
$1,600,000

Freestanding concrete block commercial building with pylon signage and strong frontage on a major thoroughfare.

Property Size8,048 SF
Lot Size0.58 Acres
Price / SF$198.81
Days on Market5

Property Features for 3045 Fowler St

General Information

Standard status
Active
Size
8,048 SF
Lot size
0.58 Acres
Property subtype
Commercial

Building Details

Year Built
1981
Listing agency Armada Real Estate, Inc.
Listed by Aaron Parvey · License #258034852
Source Elliman
Added: Jul 17 Updated: Jul 21 at 5:09AM Checked: Jul 21 at 5:09AM

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 Armada Real Estate, Inc.


Investment Insights

Based on property information with market context.

The property is a freestanding commercial building constructed with concrete block and presented as an automotive- and service-oriented opportunity. The offering includes long-term use potential for automotive, retail, or service-related concepts, supported by prominent frontage and pylon signage.

Located along Fowler Street in Fort Myers, the site is positioned for visibility from a heavily traveled corridor. The remarks cite approximately 27,697 AADT on Fowler Street, and indicate high-volume nearby intersection activity at Fowler St & Hanson St. The corridor provides access to regional routes connecting Downtown Fort Myers, Colonial Blvd, and I-75.

The site is described as approximately 0.58 acres, and the building is described as approximately 8,048 SF. Bike and walk scores in the remarks are 50 (bikeable) and 66 (somewhat walkable).

Key Highlights

  • Freestanding commercial building with approx. 8,048 SF and concrete block construction (Year built: 1981)
  • Approx. 0.58‑acre site with strong frontage and pylon signage along Fowler Street
  • Approx. 27,697 AADT on Fowler Street; Fowler St & Hanson St intersections see 43,000+ vehicles per day

Local Financial Insights For Retail

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 $155.5k $19.32
− Vacancy −$4.7k −$0.58
EGI $150.8k $18.74
− OpEx −$45.2k −$5.62
NOI $105.6k $13.12
8,048 SF · lease $19.32/SF/yr · vacancy 3.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,576 @ 7.0% cap · market cap 6.60%
Second Best
Industrial
$1.05M
$918.4K – $1.22M (±1% cap)
NOI $73,468 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$2.53M
$2.22M – $2.96M (±1% cap)
NOI $177,314 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Auto 1 Plaza Auto Repair Shop

Suggested Use

Real Estate Agency Parking Lot & Garage Bakery Skin Care Clinic (Bike/Boat/Book/etc) Store Tech Support Center Veterinary Clinic Acupuncture Pet Store Catering Service

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

Similar Off Market Nearby

  • US 41 tires & auto repair — 3539 Cleveland Ave, Fort Myers, FL 33901
  • Heritage Automotive Corporation — 3621 cleveland ave, fort myers, fl 33901
  • Fort Myers Mobile Mechanic — 3079 Warehouse Rd, Fort Myers, FL 33916
  • 1-800 RADIATOR & A/C — 4010 Warehouse Rd B, Fort Myers, FL 33916
  • Jones Service & Repair — 3476 Fowler St, Fort Myers, FL 33901

FAQs

What type of property is this?
Auto shop - Freestanding concrete block commercial building with pylon signage and strong frontage on a major thoroughfare.
Where is this auto shop located?
The property is located at 3045 Fowler St Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Freestanding commercial building with approx. 8,048 SF and concrete block construction (Year built: 1981); Approx. 0.58‑acre site with strong frontage and pylon signage along Fowler Street; Approx. 27,697 AADT on Fowler Street; Fowler St & Hanson St intersections see 43,000+ vehicles per day
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