Auto Shop
For Sale
$1,850,000
3593 Veronica S Shoemaker Blvd, Fort Myers, FL 33916
Established commercial building constructed in 1979 on a substantial site.
Property Size5,760 SF
Lot Size0.94 Acres
Price / SF$321.18
Days on Market88
Property Features for 3593 Veronica S Shoemaker Blvd
General Information
Standard status
Active
Size
5,760 SF
Lot size
0.94 Acres
Property subtype
Industrial
Building Details
Building Size
5,760 SF
Year Built
1979
Listed By:
Brock Rasmussen, SIOR
(239) 209-0458
Source:
Lee-associates
Added: Jul 19
Changed: Sep 28
Last Checked: Oct 12 at 6:51PM
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 Brock Rasmussen, SIOR
Investment Insights
Based on property information with market context.
This auto shop property comprises a 5,760-square-foot warehouse-style building on approximately 0.94 acres. Constructed in 1979, the asset provides an established commercial footprint for automotive-related operations.
The property is located at 3593 Veronica S Shoemaker Blvd in Fort Myers, Florida, within ZIP code 33916.
The property is located at 3593 Veronica S Shoemaker Blvd in Fort Myers, Florida, within ZIP code 33916.
Key Highlights
- 5,760 SF warehouse‑style building
- Approximately 0.94± AC site
- Constructed in 1979
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,561
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,511,220
$1.5M
Cap Rate 7%
$1,079,443
$1.1M
Cap Rate 9%
$839,567
$839.6K
Market Conditions
NOI Build-Up for 5,760 SF
Gross rent
$111.3K $19.32/SF
− Vacancy
−$3.3K −$0.58/SF
EGI
$107.9K $18.74/SF
− OpEx
−$32.4K −$5.62/SF
NOI
$75.6K $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%
$1,511,220
Cap Rate 7%
$1,079,443
Cap Rate 9%
$839,567
Alternative Uses
Best Use
Retail
$1.08M
$944.5K – $1.26M
NOI $75,561 @ 7.0% cap · market cap 4.08%
Second Best
Industrial
$751.2K
$657.3K – $876.4K
NOI $52,581 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$1.81M
$1.59M – $2.12M
NOI $126,904 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33916, FL
25,940
Population
12,480
Households
2.1
Avg Household Size
34
Median Age
21%
College-Educated
81%
High-School Grad
10.3 sq mi
ZIP Area
2,518
Density / Sq Mi
$49,353
Median Household Income
$32,770
Median Earnings
$1,363
Median Rent
$242,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Karr Automotive — 3120 Winkler Ave #6, Fort Myers, FL 33916
- Metro Power Systems Inc — 3950 Metro Pkwy, Fort Myers, FL 33916
- Tire Choice Auto Service Centers — 4230 Colonial Blvd, Fort Myers, FL 33966
- 1-800 RADIATOR & A/C — 4010 Warehouse Rd B, Fort Myers, FL 33916
- Fort Myers Mobile Mechanic — 3079 Warehouse Rd, Fort Myers, FL 33916
Frequently Asked Questions
What type of property is this?
Auto shop - Established commercial building constructed in 1979 on a substantial site.
Where is this auto shop located?
The property is located at 3593 Veronica S Shoemaker Blvd Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 5,760 SF warehouse‑style building; Approximately 0.94± AC site; Constructed in 1979
