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    3159 Dr Martin Luther King Jr Blvd Fort Myers, FL 33916

    For Sale
    $650,000
    Added:
    Dec 11, 2024
    Days on Market:
    364

    Property Features for 3159 Dr Martin Luther King Jr Blvd

    General Information

    Property type
    Land
    Lot Size
    30,492 SF

    HighLights

    • 1 mile to Downtown Fort Myers
    • 2.4 miles to Lee Memorial Hospital
    • 3 miles to North Fort Myers
    • 3 miles to I‑75
    • 4.8 miles to The Forum
    • 11 miles to Cape Coral
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.849629660713
    Latitude
    26.64107852005

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    FAQs

    Where is this land located?
    The property is located at 3159 Dr Martin Luther King Jr Blvd Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 1 mile to Downtown Fort Myers; 2.4 miles to Lee Memorial Hospital; 3 miles to North Fort Myers
    (239) 940-3171
    Request Owner's contact information
    3159 Dr Martin Luther King Jr Blvd Fort Myers, FL 33916
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3159 Dr Martin Luther King Jr Blvd Fort Myers, FL 33916
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