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    11560 Majestic Palms Blvd Fort Myers, FL 33908
    Property profile & analytics

    11560 Majestic Palms Blvd, Fort Myers, FL 33908

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    • Outlet malls
    • 29,922 SF
    • 2.21 lot acres
    Retail Space with Prominent Signage For Lease
    $6,145,000
    10,000 SF

    Retail Space with Prominent Signage

    Retail space with high visibility and ample parking.

    11560 Majestic Palms Blvd, Fort Myers, FL
    View Listing
    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.

    Value Estimations
    $6,145,000
    Cap Rate Potential
    5.8%
    Outlet malls
    Location Intelligence

    Current Use by Public Records

    • Pet Supermarket / (Bike/Boat/Book/etc) Store / Pet Store
    • bealls / Shoe Store / Baby 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
    Zone code
    CPD
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    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 estimation — 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
    View Listing
    More about this property
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