13932 Palm Bch Blvd Fort Myers, FL 33905-2100
- Specialty properties
- 3,512 SF
- 0.69 lot acres
Current Use by Public Records
- Akin Davis Funeral Home / Funeral Home / Cremation Service
Property Details for 13932 Palm Bch Blvd
- Year built
- 1959
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.69 lot acres
- Property size
- 3,512 SF
- Zone code
- C-1
- Property type
- Specialty properties
- APN
- 29-43-26-05-00056.0460
- APU
- 29432605000560460
Description
This exceptional 5,550 square foot retail property, located at 13932 Palm Beach Blvd in Fort Myers, Florida (zip code 33905), is offered for sale at $1,150,000. The property boasts a prominent location on busy Palm Beach Boulevard (SR-80) in Lee County, offering excellent visibility and accessibility. Classified as a Class B building, it features one two-story structure situated on a 0.69-acre lot. Currently vacant, the space presents a unique opportunity for redevelopment. The ground floor, previously used as a funeral home, is adaptable to various commercial or retail uses. The upper level includes a substantial storage area and three separately metered apartments, providing potential for diversified income streams through residential rentals. The property is zoned C-1, allowing for a range of commercial activities. The asking price translates to $207.21 per square foot. This is a rare chance to acquire a high-visibility retail property with added residential income potential in a thriving Fort Myers location. The property is being sold by the owner.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $980,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $750,000
- 6.5%
- $710,000
- 7%
- $700,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $705,000
- Geo Method
- $775,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $835,000
- Retail
- $690,000
- Mixed-Use
- $745,000
- Hospitality
- $705,000
- Educational
- $745,000
- Residential Income
- $665,000
- Energy
- $795,000
- Income-Based Land
- $880,000
- Food Service
- $835,000
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.7293
- Latitude
- 26.7085
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA