Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

11560 Majestic Palms Blvd Fort Myers, FL 33908

  • Outlet malls
  • 29,922 SF
  • 2.21 lot acres
For Lease
Last Sale
Nov 02, 2023
$6,100,000
Value Estimations
$6,145,000
Cap Rate Potential
Location Intelligence
Property ID
US18-3462914
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.

Current Use by Public Records

  • Pet Supermarket / (Bike/Boat/Book/etc) Store / Pet Store
  • bealls / Baby Clothing Store / Men'S Clothing Store
  • Bealls Outlet - Village Market Place / Discount Store / Clothing & Fashion Store

Property Details for 11560 Majestic Palms Blvd

Year built
2017
Construction
CONCRETE
Lot size
2.21 lot acres
Property size
29,922 SF
Zone code
CPD
Property type
Outlet malls
APN
31-45-24-65-00000.0090
APU
31452465000000090

Description

This exceptional 8,000 square foot retail space, situated in a vibrant Lee County shopping center, presents a remarkable opportunity for businesses seeking high visibility and accessibility. Built in 2017, the property boasts a modern design and is part of a thriving retail complex strategically located near the intersection of Majestic Palms Boulevard and San Carlos Boulevard. The center enjoys a prime location, surrounded by established and successful retailers including Pet Supermarket and Bealls. Its convenient proximity to major roadways such as Kelly Road, McGregor Boulevard, and San Carlos Boulevard ensures excellent accessibility for customers and employees alike. The property's location also benefits from its close proximity to other significant businesses, including Super Target, Fifth Third Bank, Verizon, Trek, and Rib City, creating a synergistic environment and high foot traffic. The space is zoned CPD (Lee County) and is part of a single-building complex, offering a versatile layout ideal for a variety of retail uses. This is a rare opportunity to establish a presence in a high-traffic, well-established retail center in a rapidly growing area. The modern construction and prime location make this space an exceptional investment for any discerning business. The property offers multiple tenancy options, making it suitable for a variety of retail concepts. This space is ready for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $6,780,000
    ML approach
    $7,135,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $6,540,000
    6.5%
    $6,040,000
    7%
    $5,610,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $6,345,000
    Market price range: $4.14M - $12.8M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $7,790,000
    Current use
    OFFICE BUILDING
    $8,680,000
    Change: +11% Conversion: Easy
    MEDICAL BUILDING
    $7,955,000
    Change: +2% Conversion: Difficult
    NEIGHBORHOOD: SHOPPING CENTER
    $7,075,000
    Change: -9% Conversion: Moderate
    WAREHOUSE, STORAGE
    $6,475,000
    Change: -17% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Fort Myers
County
Lee
State
Florida
Longitude
-81.9452
Latitude
26.5128
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
$50,076
$1,746,494
$2,254,119
$4,000,613
-
$1,746,494
$2,254,119
$4,000,613
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message