Office Building with Cleveland Avenue
For Sale
$6,814,600
3210 Cleveland Ave, Fort Myers, FL 33901
Professional office building with prominent signage and direct frontage on heavily traveled Cleveland Avenue near Downtown Fort Myers.
Property Size34,073 SF
Days on Market122
Property Features for 3210 Cleveland Ave
General Information
Standard status
Active
Size
34,073 SF
Class
C
Property subtype
Office - General Office
Additional Details
Road Access
Yes
Building Details
Building Size
34,073 SF
Year Built
1966
Listing Agency:
NAI Burns Scalo
Listed By:
Gary Tasman · License #BK3002798
(239) 470-9646
Source:
Commercialcafe
Added: Jun 25
Changed: Oct 21
Last Checked: Oct 23 at 3:57AM
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 NAI Burns Scalo
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Investment Insights
Based on property information with market context.
This professional office building offers immediate availability and a straightforward, investment- or leasing-oriented setup. The offering includes direct frontage with signage positioned along Cleveland Avenue for ongoing visibility.
The property is located close to Downtown Fort Myers and benefits from high-traffic exposure on Cleveland Avenue, with regional amenities nearby.
With approximately 280 feet of frontage and signage on Cleveland Avenue, the building is designed for accessible, easily recognized street presence.
The property is located close to Downtown Fort Myers and benefits from high-traffic exposure on Cleveland Avenue, with regional amenities nearby.
With approximately 280 feet of frontage and signage on Cleveland Avenue, the building is designed for accessible, easily recognized street presence.
Key Highlights
- 1966‑built professional office building
- 280’ of direct frontage on heavily traveled Cleveland Ave
- Prominent signage on Cleveland Ave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$585,543
Cap Rate
8.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,710,860
$11.7M
Cap Rate 7%
$8,364,900
$8.4M
Cap Rate 9%
$6,506,033
$6.5M
Market Conditions
NOI Build-Up for 34,073 SF
Gross rent
$850.5K $24.96/SF
− Vacancy
−$69.7K −$2.05/SF
EGI
$780.7K $22.91/SF
− OpEx
−$195.2K −$5.73/SF
NOI
$585.5K $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%
$11,710,860
Cap Rate 7%
$8,364,900
Cap Rate 9%
$6,506,033
Alternative Uses
Best Use
Office B
$8.36M
$7.32M – $9.76M
NOI $585,543 @ 7.0% cap · market cap 8.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.72M
$9.38M – $12.51M
NOI $750,696 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Professional office building with prominent signage and direct frontage on heavily traveled Cleveland Avenue near Downtown Fort Myers.
Where is this office building located?
The property is located at 3210 Cleveland Ave Fort Myers, FL.
What is the asking price?
The asking price for this property is $6,814,600.
What are key features of this property?
This property features: 1966‑built professional office building; 280’ of direct frontage on heavily traveled Cleveland Ave; Prominent signage on Cleveland Ave
