Full-Block Auto
New
For Sale
$3,800,000
3405 Fowler St, Fort Myers, FL 33901
Four buildings combine showroom, office, and garage space on a paved, fenced site zoned CI.
Property Size10,696 SF
Lot Size1.11 Acres
Price / SF$355.27
Days on Market5
Property Features for 3405 Fowler St
General Information
Standard status
Active
Size
10,696 SF
Lot size
1.11 Acres
Property subtype
Commercial
Zoning
CI
Site & Location
Road Access
Yes
Fenced Yard
Yes
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Automotive Uses
dealership/vehicle sales, auto repair
Amenities
overhead doors
paved
Building Details
Year Built
1964
Buildings
4
Listing Agency:
Ace Realty & Associates, LLC
Listed By:
Andy Molina · License #258026703
(786) 501-0861
Source:
Naplesareapropertysearch
Added: Oct 29
Changed: Nov 1
Last Checked: Nov 1 at 4:51AM
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 Ace Realty & Associates, LLC
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Investment Insights
Based on property information with market context.
This 1.11-acre auto shop property contains four buildings totaling 10,696 SF gross. The 1964 retail and showroom building includes 3,040 SF of heated space, 800 SF of finished utility area, and a 1,648 SF canopy. Two service garages with office space measure 1,600 SF and 2,376 SF; a separate 2,880 SF garage dates to 1985. Together, the garages provide 13 grade-level overhead doors. Most of the site is paved and fenced, and the property is currently used for auto sales and service. Roof permits are on record for 2007 and 2017.
The 48,364 SF site is zoned CI and fronts Fowler Street, Hunter Street, and Hunter Terrace in Fort Myers. The real estate is offered without the business or other non-real-estate assets.
The 48,364 SF site is zoned CI and fronts Fowler Street, Hunter Street, and Hunter Terrace in Fort Myers. The real estate is offered without the business or other non-real-estate assets.
Key Highlights
- 1.11‑acre site with 10,696 SF gross across four buildings
- 13 grade‑level overhead doors across the service garages
- CI zoning and frontage on Fowler Street, Hunter Street, and Hunter Terrace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,313
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,806,260
$2.8M
Cap Rate 7%
$2,004,471
$2.0M
Cap Rate 9%
$1,559,033
$1.6M
Market Conditions
NOI Build-Up for 10,696 SF
Gross rent
$206.6K $19.32/SF
− Vacancy
−$6.2K −$0.58/SF
EGI
$200.4K $18.74/SF
− OpEx
−$60.1K −$5.62/SF
NOI
$140.3K $13.12/SF
Area
Lee County, FL
Vacancy
3.00%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,806,260
Cap Rate 7%
$2,004,471
Cap Rate 9%
$1,559,033
Alternative Uses
Best Use
Retail
$2.00M
$1.75M – $2.34M
NOI $140,313 @ 7.0% cap · market cap 3.69%
Second Best
Industrial
$1.39M
$1.22M – $1.63M
NOI $97,641 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $235,654 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,251
Businesses Nearby
21k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 34%
Home Improvements & Furnishings 12%
Electronics 4%
Popeyes Louisiana Kitchen
Dining
6,347 visits/mo
0.2 miles
Marathon Petroleum
Shops & Services
5,003 visits/mo
0.3 miles
SUBWAY
Dining
2,323 visits/mo
0.2 miles
Little Caesars Pizza
Dining
1,998 visits/mo
0.2 miles
Graybar
Home Improvements & Furnishings
1,064 visits/mo
0.3 miles
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 Retail in South region
Similar Off Market Nearby
- Sunshine Auto Sale-Parts — 3800 Fowler St, Fort Myers, FL 33901
- Terry Wynter Auto Service Center — 3811 Fowler St, Fort Myers, FL 33901
- 239 Custom Rides — 3800 Fowler St, Fort Myers, FL 33901
- Sun Beaters Window Tinting — 3777 Fowler St #8, Fort Myers, FL 33901
- M&M Auto & Truck Trust LLC — 3777 Fowler St #8B, Fort Myers, FL 33901
Frequently Asked Questions
What type of property is this?
Auto shop - Four buildings combine showroom, office, and garage space on a paved, fenced site zoned CI.
Where is this auto shop located?
The property is located at 3405 Fowler St Fort Myers, FL.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 1.11‑acre site with 10,696 SF gross across four buildings; 13 grade‑level overhead doors across the service garages; CI zoning and frontage on Fowler Street, Hunter Street, and Hunter Terrace
