Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Verdana Vlg Blvd Estero, FL 33928

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Publix-anchored retail space in Estero, FL.

    Lot size:
    54,174 SF

    Property Features for 0 Verdana Vlg Blvd

    General Information

    Property type
    Retail properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,174 SF

    Spaces For Lease

    at 0 Verdana Vlg Blvd, Estero, FL 33928 Contact us

    We can help!

    Listing Contact
    Edwin Solis
    Edwin Solis

    Listing Agency: Sonia Rios Realty Listing Agent: Edwin Solis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    The Shoppes at Verdana Village presents a unique investment opportunity in the rapidly growing Estero, Florida market. This prime retail development site is situated at the main entrance to the Verdana Village community, a planned development encompassing 2,400 homes. The property is a multi-tenant plaza, specifically an outparcel, offering exceptional visibility and accessibility. Its location at the southeast corner of Verdana Village Boulevard and Corkscrew Road ensures high traffic volume. Corkscrew Road serves as a major east-west thoroughfare connecting to US 41, providing convenient access for residents and visitors alike. The development is anchored by a Publix supermarket, a significant draw for shoppers and a key indicator of the area's strong retail potential. This presents a compelling opportunity for investors seeking exposure to a thriving residential community and a high-traffic retail corridor in Lee County. The property's location within the Verdana Village development offers significant long-term growth potential, benefiting from the influx of new residents and increased consumer spending. The site's classification as an outparcel provides flexibility in development and design, catering to a variety of retail uses. This is an exceptional chance to acquire a well-positioned retail asset in a dynamic and expanding market. The property is located in Estero, Florida, zip code 33928.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Estero
    County
    Lee
    State
    Florida
    Longitude
    -81.6436217
    Latitude
    26.4479617

    Nearby Similar for Lease

    • New
      $21 SF/Yr
      3,051,104 SF

      Luxury Office in Coconut Point

      Upscale office space in a vibrant mixed-use destination.
      23190 Fashion Dr, Estero, FL 33928
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space in Coconut Point

      Retail space available in Coconut Point DRI with prime frontage.
      22770-22800 Via Villagio, Estero, FL 33929
      View Details
    • Contact for pricing

      End Cap Office Space Available

      3,200 SF end cap office space for lease.
      22911 Lyden Dr, Estero, FL 33928
      View Details
    • $22 SF/Yr
      42,200 SF

      Estero Medical Office Space Available

      Modern medical office suites, ample parking.
      10201 Arcos Ave, Estero, FL 33928
      View Details
    • $25 SF/Yr
      7,228 SF

      Estero Office Space For Rent

      7,228 SF office space available for lease in Estero.
      9431 Corkscrew Palms Cir E, Estero, FL 33928
      View Details
    • Contact for pricing
      3,200 SF

      Retail End Cap Near Coconut Point

      3,200 SF retail space with high traffic exposure.
      22911 Lyden Dr, Estero, FL
      View Details
    • Contact for pricing
      5,433 SF

      Retail Space in Estero, FL

      Retail space available for rent in Estero, Florida.
      20041 S Tamiami Trl, Estero, FL 33928
      View Details
    • $42 SF/Yr
      7,800 SF

      Estero Retail Space For Lease

      Prime Estero location, 7,800 sq ft, 2 suites.
      22941 Lyden Dr, Estero, FL 33928
      View Details
    • Contact for pricing
      2,250 SF

      Retail Space in Estero, Florida

      Retail space available for lease in Estero, Florida.
      19521 Highland Oaks Dr, Estero, FL
      View Details
    • $29 SF/Yr
      2,061 SF

      Medical Building Space For Lease

      Medical office space for lease in Estero, delivery Summer 2024.
      9441 Corkscrew Palms Cir, Estero, FL 33928
      View Details
    • $24 SF/Yr
      3,300 SF

      Estero Office Space Available

      Office space available for lease in Estero, Florida.
      8000 Health Ctr Blvd, Estero, FL
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Publix-anchored retail space in Estero, FL.
    Where is this retail property located?
    The property is located at Verdana Vlg Blvd Estero, FL.
    What are key features of this property?
    This property features: Prime retail outparcel at the entrance to Verdana Village, a 2,400-home planned community in Estero, FL.; High visibility and accessibility at the southeast corner of Verdana Village Blvd. and Corkscrew Rd., a major east-west thoroughfare.; Anchored by a Publix supermarket, driving significant foot traffic and retail potential.
    (239) 334-3040 Call to check price and availability
    Request Owner's contact information
    Verdana Vlg Blvd Estero, FL 33928
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Verdana Vlg Blvd
    Estero, FL 33928
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Verdana Vlg Blvd Estero, FL 33928
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Edwin Solis
    Edwin Solis
    Real Estate License ID: 258035872
    (239) 334-3040 (239) 200-6234
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!