11120 S Cleveland Ave Fort Myers, FL 33907
Property profile & analytics
11120 S Cleveland Ave, Fort Myers, FL 33907
- Strip malls
- 6,240 SF
- 0.82 lot acres
Property ID
US18-2983006
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Appliance Outfitters / Home Appliance Store / Hardware & Home Improvement
- Lumpy's Golf / Golf Course / (Bike/Boat/Book/etc) Store
- Edwin Watts Golf / (Bike/Boat/Book/etc) Store
- The Patio Corner / Furniture & Home Goods / Home Decor Store
Property Details for 11120 S Cleveland Ave
- Year built
- 1977
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.82 lot acres
- Zone code
- C-2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 11-45-24-00-00005.405A
- APU
- 1145240000005405A
Description
This Class A industrial property, located in Lee County on S Cleveland Ave (US-41) in Fort Myers, Florida, offers multiple warehouse spaces for lease. The building, constructed in 1977 and zoned for industrial use, totals 13,905 square feet. Currently, 3,169 square feet of vacant space is available, divisible into units ranging from a minimum of 1,297 square feet to a maximum contiguous space of 1,872 square feet. The property features an open floor plan, providing flexibility for tenant customization to suit diverse business needs. A key advantage is the inclusion of a loading dock, streamlining receiving and shipping operations. Its prime location on a major thoroughfare ensures excellent visibility and accessibility, making it ideal for businesses involved in logistics, distribution, or light manufacturing. The property's industrial zoning allows for a wide range of warehouse applications, from storage to more intensive operations. This versatile space presents a compelling opportunity for businesses seeking a well-situated and functional industrial facility in a thriving location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,650,000
- 6.5%
- $1,525,000
- 7%
- $1,415,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,084,000
Market price range: $907k - $2.42M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,475,000 Current use
- COMMERCIAL (GENERAL)
- $2,240,000 Change: +52% Conversion: Easy
- MEDICAL BUILDING
- $1,660,000 Change: +12% Conversion: Difficult
- RETAIL STORES
- $1,625,000 Change: +10% Conversion: Easy
- OFFICE BUILDING
- $1,255,000 Change: -15% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $1,215,000 Change: -18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.8727
- Latitude
- 26.578
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,477
$1,035,983
$1,316,678
$2,352,661
-
$1,035,983
$1,316,678
$2,352,661
