Property profile

12748 Cleveland Ave Fort Myers, FL 33907

OFF-MARKET
Retail space
Property ID
US18-0106001
6,211 SF 0.62 ac lot Built 2015
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,000-square-foot retail space is ideally situated at 12748 S Cleveland Ave in Fort Myers, Florida, within the College Plaza development. The property boasts a single-tenant occupancy, offering a blank canvas for a wide range of retail businesses. Currently vacant, this space presents a unique opportunity for immediate occupancy and customization. The building is zoned PUD (Planned Unit Development), allowing for flexibility in potential uses, subject to Lee County approvals. Located in the vibrant Fort Myers market, this outparcel benefits from high visibility and convenient access, ensuring strong potential for customer traffic and business growth. The property's 3,000 square feet provide ample space for a variety of retail concepts, from smaller boutiques to larger-scale operations. Its strategic location within College Plaza offers a synergistic environment, potentially attracting customers from neighboring businesses. This is a rare opportunity to secure a prime retail space in a thriving Florida market. The property is ready for immediate lease, allowing for a swift start to your business operations. Detailed zoning information and development guidelines are available upon request. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional location. The property address is 12748 S Cleveland Ave, Fort Myers, FL 33907.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2015
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,211 SF
Lot 0.62 ac (27,007 SF)
Zoning code C-1
APN 14-45-24-00-00004.0100
UPID US18-0106001

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
  • Bank Loan Service
  • Atm
  • Medical Clinic

Location

12748 Cleveland Ave Fort Myers, FL 33907-3823
Fort Myers metro Census 1708 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.24M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.66M
Blend (final) Blend
$4.03M

Owner & transaction history

since 2020
Last sale
$4.3M
4 recorded transactions
2020
$4.3M
2015
$4.2M
2014
$1.6M
2007
$805,000

Zoning & alternative use

C-1 · Fort Myers, FL
Top alternative use upside
Auto repair, garage $4.5M +180.9%
Restaurant $3.9M +138.6%

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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