3418 fowler st Fort Myers, FL 33901
Freestanding retail building with expansion potential in central Fort Myers.
Property Features for 3418 fowler st
General Information
- Standard status
- Active
- Size
- 4,580 SF
- Lot size
- 0.50 Acres
- Property subtype
- Retail
Listing office Coldwell Banker Realty - Naples Central
Listing date May 21, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on Fowler Street, a major north‑south corridor, providing high visibility and accessibility.
- Includes two additional adjacent lots, totaling over half an acre, offering flexibility for expansion or redevelopment.
- Minutes from Downtown Fort Myers, a primary business and cultural hub.
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 | $88.5k | $19.32 |
| − Vacancy | −$2.7k | −$0.58 |
| EGI | $85.8k | $18.74 |
| − OpEx | −$25.7k | −$5.62 |
| NOI | $60.1k | $13.12 |