Property profile

11501 Cleveland Ave Fort Myers, FL 33907

OFF-MARKET
Investment properties
Property ID
US18-2850742
2,590 SF 2.48 ac lot Built 1986
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,590 SF
Lot 2.48 ac (107,942 SF)
Zoning code C-1A
APN 12-45-24-00-00014.0000
UPID US18-2850742

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Hotel & Motel
  • Restaurant

Location

11501 Cleveland Ave Fort Myers, FL 33907-2839
Fort Myers metro Census 1300 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$1.03M

Owner & transaction history

since 2011
3 recorded transactions
2011
$200,200
1999
$2.5M
1996
Price N/A

Zoning & alternative use

C-1A · Fort Myers, FL

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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