Retail
4523 Palm Beach Blvd, Fort Myers, FL 33905
For Sale
New
Contact for pricing
The commercial unit fronts Palm Beach Boulevard in Fort Myers.
Property Size390 SF
Price / SF$3.85
Days on Market7
Property Features for 4523 Palm Beach Blvd
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Call It Closed Intl Realty
Listed By:
Jaime Taveras · License FL #258025568
(239) 489-2900
Source:
Naplespropertyguide
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 8 at 6:56AM
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 Call It Closed Intl Realty
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Investment Insights
Based on property information with market context.
This 390-square-foot retail unit is located at 4523 Palm Beach Blvd in Fort Myers, Florida. The building dates to 1954.
Key Highlights
- 390‑square‑foot retail unit
- Built in 1954
- Located at 4523 Palm Beach Blvd, Fort Myers, Florida
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,116
Suggested Prices Based on Cap Rates
Cap Rate 5%
$102,320
$102.3K
Cap Rate 7%
$73,086
$73.1K
Cap Rate 9%
$56,844
$56.8K
Market Conditions
NOI Build-Up for 390 SF
Gross rent
$7.5K $19.32/SF
− Vacancy
−$226 −$0.58/SF
EGI
$7.3K $18.74/SF
− OpEx
−$2.2K −$5.62/SF
NOI
$5.1K $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%
$102,320
Cap Rate 7%
$73,086
Cap Rate 9%
$56,844
Alternative Uses
Best Use
Retail
$73.1K
$64.0K – $85.3K
NOI $5,116 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$122.7K
$107.4K – $143.2K
NOI $8,592 @ 7.0% cap
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
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
87k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 47%
Electronics 1%
McDonald's
Dining
24,457 visits/mo
0.4 miles
Dollar Tree
Shops & Services
13,813 visits/mo
0.4 miles
Wells Fargo
Shops & Services
7,752 visits/mo
0.3 miles
Citgo
Shops & Services
7,156 visits/mo
0.2 miles
Dunkin' Donuts
Dining
6,949 visits/mo
0.4 miles
Demographics for 33905, FL
37,692
Population
17,337
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
79%
High-School Grad
40.2 sq mi
ZIP Area
938
Density / Sq Mi
$70,009
Median Household Income
$36,923
Median Earnings
$1,509
Median Rent
$260,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Fort Myers, FL
Properties on Market for Retail space in Fort Myers
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The commercial unit fronts Palm Beach Boulevard in Fort Myers.
Where is this retail space located?
The property is located at 4523 Palm Beach Blvd Fort Myers, FL.
What are key features of this property?
This property features: 390‑square‑foot retail unit; Built in 1954; Located at 4523 Palm Beach Blvd, Fort Myers, Florida
