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    12155 Metro Pkwy Ste, Unit 17 Fort Myers, FL 33966-8302
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    Property profile & analytics

    12155 Metro Pkwy Ste, Unit 17, Fort Myers, FL 33966-8302

    View on Map
    • Retail space
    • 1,600 SF
    • 0.53 lot acres
    Off-Market
    Last Sale Apr 17, 2023
    $400,000
    Property ID
    US18-1437003
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 12155 Metro Pkwy Ste

    Year built
    1985
    Lot size
    0.53 lot acres
    Property type
    Retail space
    APN
    18-45-25-01-12155.17A0
    APU
    184525011215517A0

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.8525
    Latitude
    26.5663
    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
    $3,205
    $0.00
    $245,493
    $245,493
    -
    $0.00
    $245,493
    $245,493

    Comparable in this City

    • Value Estimation
      $945,000
      7,800 SF

      12450 Metro Pkwy

      RETAIL STORES (PERSONAL SERVICES)
      12450 Metro Pkwy, Fort Myers, FL 33966-1432
      View Details
    • Value Estimation
      $750,000
      3,600 SF

      6040 Lndg Vw Rd

      RETAIL STORES (PERSONAL SERVICES)
      6040 Lndg Vw Rd, Fort Myers, FL 33966-1154
      View Details
    • Value Estimation
      $1,175,000
      5,688 SF

      4030 Colonial Blvd

      RETAIL STORES (PERSONAL SERVICES)
      4030 Colonial Blvd, Fort Myers, FL 33966-1015
      View Details
    • Value Estimation by Request
      4,036 SF

      9250 6 Mile Cypress Pkwy

      Individual retail properties
      9250 6 Mile Cypress Pkwy, Fort Myers, FL 33966
      View Details
    • Value Estimation
      $1,275,000
      6,889 SF

      4380 Colonial Blvd

      RETAIL STORES (PERSONAL SERVICES)
      4380 Colonial Blvd, Fort Myers, FL 33966-1064
      View Details
    • Value Estimation
      $1,585,000
      14,667 SF

      13500 Plantation Rd

      RETAIL STORES (PERSONAL SERVICES)
      13500 Plantation Rd, Fort Myers, FL 33966-4722
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,002 SF

      Flex Space Unit For Sale

      4002 sq ft flex space with office and warehouse.
      12155 Metro Pkwy, Fort Myers, FL 33966
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    • New
      $1,399,000
      3.82 Acres

      Fort Myers Commercial Land Parcel

      Raw land near offices, residential, retail, and multifamily properties.
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    • Contact for pricing
      22,800 SF

      Industrial Showroom/Warehouse on Metro Parkway

      22,800 SF industrial showroom/warehouse with frontage on Metro Parkway.
      12090 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • Contact for pricing
      5,832 SF

      Functional Industrial Building on Metro

      5,832 SF industrial building with showroom, warehouse, and office.
      11791 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • Contact for pricing
      22,800 SF

      Metro Parkway Flex Space Opportunity

      22,800± SF flex space on Metro Parkway.
      12090 Metro Pkwy, Fort Myers, FL 33966
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    • $4,300,000

      Metro Parkway Industrial Warehouse

      22,800 SF industrial warehouse with showroom space on Metro Parkway.
      12090 Metro Pkwy, Fort Myers, FL 33966
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,200 SF

      Retail Space in Publix-Anchored Center

      Retail space for lease in Fort Myers, Florida.
      7950 Dani Dr, Fort Myers, FL 33966
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    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, approximately 1,942 square feet.
      12951 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • Contact for pricing
      23,500 SF

      Warehouse with Showroom and Office

      23,500 SF warehouse with showroom and office space for rent.
      13080 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • Contact for pricing
      18,100 SF

      Versatile Showroom, Office, and Storage

      Two-story space with showroom, offices, and storage available for rent.
      13050 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • Contact for pricing

      Professional Office Space For Lease

      Office space for lease with monument signage on Metro Pkwy.
      12065 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • Contact for pricing

      Accessible Location Between Major Routes

      Centrally located, easily accessible from major roadways and cities.
      11760 Metro Pkwy, Fort Myers, FL 33966
      View Details
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    Fort Myers, FL 33966-8302
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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