Property profile

12401 Commerce Lks Dr Fort Myers, FL 33913

OFF-MARKET
Strip malls
Property ID
US18-1352979
4,724 SF 0.71 ac lot Built 2017
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2017
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,724 SF
Lot 0.71 ac (31,145 SF)
Zoning code PUD
APN 18-45-26-00-00001.106D
UPID US18-1352979

Cap rate & NOI

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

Location

12401 Commerce Lks Dr Fort Myers, FL 33913-8692
Fort Myers metro Census 40137 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.16M
Comparable Approach Comparable
$709k
Blend (final) Blend
$1.04M

Owner & transaction history

since 2015
4 recorded transactions
2016
Price N/A
2015
$165,000
2013
$62,000
2012
Price N/A

Zoning & alternative use

PUD · Fort Myers, FL
Top alternative use upside
Commercial (general) $1.7M +51.8%
Office building $1.4M +27.3%
Medical building $1.3M +12.4%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12401 Commerce Lks Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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