Property profile

0 Of Constitution Blvd Fort Myers, FL 33908

OFF-MARKET
Land
1.62 ac lot
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Property summary

AI-generated overview

This exceptional 1.62-acre (70,721 square foot) commercial land parcel presents a lucrative investment opportunity in Fort Myers, Florida. Located on Tamiami Trail South, south of Constitution Boulevard, this property boasts a prime location with high visibility and significant traffic flow. The land is zoned C-1A, offering a wide range of potential commercial development options. Currently generating a consistent monthly income of $1,200 from a billboard lease, this asset provides immediate cash flow while offering substantial long-term growth potential. The property's APN is 10470967. Situated in Lee County, Florida, with a zip code of 33908, this location offers easy access to major transportation routes and a thriving commercial district. The asking price for this exceptional property is $825,000. This is a rare opportunity to acquire a well-situated commercial land parcel with existing income, making it an ideal investment for both seasoned developers and astute investors seeking a strong return on investment. The coordinates are 26.4771127 latitude and -81.8350802 longitude.

Property profile

Verified
Property type Land
Lot 1.62 ac (70,567 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Of Constitution Blvd Fort Myers, FL 33908
Fort Myers metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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