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Property profile & analytics
FOR LEASE
Strip malls

12951 Metro Pkwy Fort Myers, FL 33966

19,991 SF 2.79 ac lot Built 1997
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US19-0755483
Property summary
AI-generated overview

This exceptional retail opportunity is located at 12951 Metro Parkway, Fort Myers, FL 33966. The Metropolis Center offers a single, 1,600 square foot storefront space within a one-story building situated in a high-traffic, heavy industrial area along Metro Parkway. This location benefits from excellent visibility and accessibility, ensuring high daily traffic flow for your business. The property is zoned CPD and features prominent marquee signage, a significant advantage for attracting customers. Ample parking is available on-site for customer convenience. The space is ideal for a variety of businesses, particularly restaurants or service-oriented enterprises seeking a high-visibility location with easy access for customers and employees. This is a single-tenant building, offering a unique opportunity to establish a strong presence in a thriving commercial area. The property's location within a heavy industrial zone guarantees a consistent flow of potential customers. The 1,600 square foot space provides ample room for a variety of business configurations. Don't miss this chance to secure a prime retail location in Fort Myers.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,991 SF
Lot 2.79 ac (121,532 SF)
Zoning code CPD
APN 18-45-25-06-00000.0030
UPID US19-0755483
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Armstead Fitness Gym & Fitness Center
  • Mr Music, Inc. Vocational School Training Center
  • Wholesale Medical Products Medical Supply Store
  • Pho Bowl Restaurant
  • Gracie Jiu Jitsu Fort Myers Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.16M
CAP Approach CAP
$4.89M
Comparable Approach Comparable
$3.31M
Blend (final) Blend
$4.49M
Owner & transaction history
Metro Parkway Retail LLC · 6 yrs held
Metro Parkway Retail LLC
since 2020
Last sale
$4.1M
7 recorded transactions
2020
Price N/A
2020
$3.3M
2018
Price N/A
2007
$4.1M
1997
$312,500
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CPD · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $7.2M +51.8%
Office building $5.6M +17.9%
Medical building $5.3M +12.4%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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