0 Of Constitution Blvd Fort Myers, FL 33908
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.