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Property profile & analytics
OFF-MARKET
Turn key restaurants

13300 Cleveland Ave North Fort Myers, FL 33903-4833

5,132 SF 1.08 ac lot Built 1988
Entity Owned 12-yr Hold Free & Clear
Property ID
US19-0191056
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,132 SF
Lot 1.08 ac (47,175 SF)
Zoning code CF-2
APN 11-44-24-00-00017.402C
UPID US19-0191056
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hancock Retail LLC · 12 yrs held
Hancock Retail LLC
since 2014
1 recorded transaction
2014
$285,000
Zoning & alternative use
CF-2 · North Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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