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Property profile & analytics

14561 Palm Bch Blvd Fort Myers, FL 33905-2327

  • Community centers
  • 14,040 SF
  • 4.90 lot acres
OFF-MARKET
Last Sale
May 04, 2023
$2,750,000
Value Estimations
$2,985,000
Show details
Cap Rate Potential
7.3%
Community centers
Location Intelligence
Property ID
US18-3205884
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Country Cuts / Barber Shop
  • Diamond Nails Lounge LLC / Nail Salon
  • Premia Fitness Riverdale / Gym / Fitness Center
  • Subway / Fast Food Restaurant / Caterer
  • Sunny Days Laundromat / Laundromat

Property Details for 14561 Palm Bch Blvd

Year built
1983
Construction
STEEL FRAME
Lot size
4.90 lot acres
Property size
14,040 SF
Zone code
CC
Property type
Community centers
APN
28-43-26-00-00010.003A
APU
2843260000010003A

Description

This exceptional retail, office, and restaurant space is located at 14561 Palm Beach Blvd, Fort Myers, FL 33905, in Lee County. The Riverdale Shopping Center offers multiple tenancy options within a 30,156 square foot building, situated at the high-traffic intersection of Palm Beach Boulevard (State Road 80) and Buckingham Road. This prime location benefits from its proximity to Riverdale High School and a strong anchor tenant, Publix, along with other established businesses such as Dollar Tree, McDonald's, Discount Auto Parts, Sunoco, and Winn Dixie. The Lee County Public Library is also conveniently located across the street. The area is experiencing significant growth, with nearby residential developments including Verandah and River Hall. Currently available spaces range from 1,200 to 2,400 square feet, with a future Phase II expansion planned, adding 20,000 to 35,000 square feet of additional space. The property is a traditional office and strip center style development, ideal for a variety of businesses. This is a unique opportunity to establish a presence in a thriving, high-visibility location within a rapidly developing community. The property is easily accessible from I-75, just five miles to the east. The property is classified as a Traditional Office, Strip Center, Service, Restaurant, Office, and Retail space.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Estimation
    $3,055,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,565,000
    6.5%
    $2,825,000
    7%
    $2,965,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $2,555,000
    Geo Method
    $2,985,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $2,920,000
    Retail
    $2,710,000
    Mixed-Use
    $2,805,000
    Hospitality
    $2,920,000
    Educational
    $2,670,000
    Residential Income
    $2,815,000
    Energy
    $3,050,000
    Income-Based Land
    $2,680,000
    Food Service
    $2,525,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Fort Myers
County
Lee
State
Florida
Longitude
-81.7193
Latitude
26.7084
CBSA code
15980
CBSA name
CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$35,958
$1,773,058
$1,023,921
$2,796,979
-
$1,773,058
$1,023,921
$2,796,979
More about this property
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