11118 S Cleveland Ave, Fort Myers, FL 33907
- Warehouses
- 4,480 SF
- 0.39 lot acres
Current Use by Public Records
- Warehouses
Property Details for 11118 S Cleveland Ave
- Year built
- 1965
- Construction
- STEEL FRAME
- Lot size
- 0.39 lot acres
- Zone code
- C-2
- Property type
- Warehouses
- APN
- 11-45-24-00-00005.0090
- APU
- 11452400000050090
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 6, 2026 | — | Aaa Construction And Maintenan | — | Deed · related | $570k |
| May 8, 2024 | $680,000 | Aa Construction & Maintenance INC | Us Federal Property Holdings LLC | Warranty Deed | $45k · Franklin Mortgage Holdings INC |
| May 8, 2024 | — | Us Federal Property Holdings LLC | Steven Loffreno | Correction Deed · related | — |
| Jun 22, 2021 | $607,500 | Us Federal Property Holdings LLC | Steven Loffreno | Warranty Deed | $608k · Steven Loffreno |
| Feb 19, 2015 | $150,000 | Gwiz & Gwiz Re-upholstery INC | Taylor Elissa M | Warranty Deed | $137k · Elissa M Taylor |
| Sep 24, 2010 | — | Elissa M Taylor | Bass John A | Warranty Deed · related | — |
Description
This 4,480-square-foot warehouse/retail space in Fort Myers, FL, is available for lease. Located at 11118 S Cleveland Ave, this single-tenant property sits on a 0.39-acre lot and is zoned C-2. The building, constructed in 1965 and extensively renovated in 2023, boasts a Class B rating and features 18+ foot ceilings, two drive-in doors, and six parking spaces. Recent upgrades include new drain fields, electrical work, windows, insulation, office space, two bathrooms, lighting, paint, exterior lighting, a renovated parking area, ADA compliance improvements, and a security system. The large, open floor plan is ideal for various uses, including manufacturing, distribution, and storage. The sturdy construction is well-suited for industrial activities. The layout is adaptable to diverse business needs, and there's an outdoor area for equipment or material storage. The owner is currently in the process of modernizing the front facade. Cross street is Custom Drive.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $680,000
- ML approach
- $680,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $760,000
- 6.5%
- $705,000
- 7%
- $655,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $430,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,060,000 Change: +145% Conversion: Moderate
- OFFICE BUILDING
- $900,000 Change: +109% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.8727
- Latitude
- 26.5782
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
