13300 Cleveland Ave North Fort Myers, FL 33903-4833
- Turn key restaurants
- 5,132 SF
- 1.08 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 13300 Cleveland Ave
- Year built
- 1988
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.08 lot acres
- Property size
- 5,132 SF
- Zone code
- CF-2
- Property type
- Turn key restaurants
- APN
- 11-44-24-00-00017.402C
- APU
- 1144240000017402C
Description
Cypress Trace, a prominent retail center in Fort Myers, Florida, presents an exceptional opportunity for businesses seeking high-visibility space. Located at 13300 S Cleveland Ave, zip code 33907, this freestanding retail property boasts a total of 276,288 square feet, situated on a substantial 29.72 acres of land. Built in 1987 and renovated in 2004, the center offers multiple tenancy options with a minimum divisible space of 2,022 square feet and a maximum contiguous space of 31,000 square feet currently available. This represents a significant opportunity for expansion or new ventures. The property provides ample parking, with a ratio of 3.29 spaces per 1,000 square feet. Its strategic location in Lee County places it at the heart of over 1.5 million square feet of existing retail development, making it a prime location for businesses seeking high foot traffic and visibility. This "Main & Main" intersection serves the residents of Fort Myers and Cape Coral, ensuring a robust customer base. The property's size and location make it ideal for a variety of retail uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $380,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $335,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $350,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $305,000
- Retail
- $315,000
- Mixed-Use
- $330,000
- Hospitality
- $295,000
- Educational
- $340,000
- Residential Income
- $340,000
- Energy
- $325,000
- Income-Based Land
- $370,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- North Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.8849
- Latitude
- 26.6627
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA