Storefront
For Sale
$999,999
9521 Bayshore Rd, North Fort Myers, FL 33917
Commercial Sale, NORTH FORT MYERS, FL
Property Size2,400 SF
Lot Size0.53 Acres
Price / SF$416.67
Days on Market46
Property Features for 9521 Bayshore Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1A
Standard status
Active
APN
22-43-25-00-00014.0030
Lot size
0.53 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PAR IN NW 1/4 OF SE 1/4 DESC IN OR 3686 PG 1222
Tax Annual Amount
4107
Legal Description
PAR IN NW 1/4 OF SE 1/4 DESC IN OR 3686 PG 1222
Building Details
Year built
1975
Floors in Building
1
Listing Agency:
Vanderbilt Realty LLC
(239) 977-3700
Listed By:
Dominic Pallini
(239) 949-2117
Added: Sep 14
Changed: Oct 22
Last Checked: Oct 29 at 5:06PM
MLS# 226033073
Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The storefront is a 2,400-square-foot block building on a 0.531-acre parcel. Built in 1975, it is currently used for sales.
Zoned C-1A, the property permits a range of uses, including pharmacy or drug store use.
Zoned C-1A, the property permits a range of uses, including pharmacy or drug store use.
Key Highlights
- 2,400‑square‑foot block building
- 0.531‑acre parcel
- C‑1A zoning includes pharmacy or drug store use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,484
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,680
$629.7K
Cap Rate 7%
$449,771
$449.8K
Cap Rate 9%
$349,822
$349.8K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$46.4K $19.32/SF
− Vacancy
−$1.4K −$0.58/SF
EGI
$45.0K $18.74/SF
− OpEx
−$13.5K −$5.62/SF
NOI
$31.5K $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%
$629,680
Cap Rate 7%
$449,771
Cap Rate 9%
$349,822
Alternative Uses
Best Use
Retail
$449.8K
$393.6K – $524.7K
NOI $31,484 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K
NOI $52,877 @ 7.0% cap · market cap 5.29%
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
32
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Marathon Petroleum
Shops & Services
1,762 visits/mo
0.1 miles
Demographics for 33917, FL
30,702
Population
18,789
Households
1.6
Avg Household Size
61
Median Age
19%
College-Educated
89%
High-School Grad
65.5 sq mi
ZIP Area
469
Density / Sq Mi
$54,198
Median Household Income
$35,670
Median Earnings
$1,320
Median Rent
$170,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - C-1A zoning includes pharmacy and drug store use among its permitted uses.
Where is this storefront property located?
The property is located at 9521 Bayshore Rd North Fort Myers, FL.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 2,400‑square‑foot block building; 0.531‑acre parcel; C‑1A zoning includes pharmacy or drug store use
