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Property profile & analytics
OFF-MARKET Estimated value $2,930,000
Community centers

14561 Palm Bch Blvd Fort Myers, FL 33905-2327

14,040 SF 4.9 ac lot Built 1983
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US18-3205884
Property summary
AI-generated overview

This exceptional retail, office, and restaurant space is located at 14561 Palm Beach Blvd, Fort Myers, FL 33905, in Lee County. The Riverdale Shopping Center offers multiple tenancy options within a 30,156 square foot building, situated at the high-traffic intersection of Palm Beach Boulevard (State Road 80) and Buckingham Road. This prime location benefits from its proximity to Riverdale High School and a strong anchor tenant, Publix, along with other established businesses such as Dollar Tree, McDonald's, Discount Auto Parts, Sunoco, and Winn Dixie. The Lee County Public Library is also conveniently located across the street. The area is experiencing significant growth, with nearby residential developments including Verandah and River Hall. Currently available spaces range from 1,200 to 2,400 square feet, with a future Phase II expansion planned, adding 20,000 to 35,000 square feet of additional space. The property is a traditional office and strip center style development, ideal for a variety of businesses. This is a unique opportunity to establish a presence in a thriving, high-visibility location within a rapidly developing community. The property is easily accessible from I-75, just five miles to the east. The property is classified as a Traditional Office, Strip Center, Service, Restaurant, Office, and Retail space.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1983
Construction STEEL FRAME
Total area 14,040 SF
Lot 4.9 ac (213,313 SF)
Zoning code CC
APN 28-43-26-00-00010.003A
UPID US18-3205884
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
  • Country Cuts Barber Shop
  • Diamond Nails Lounge LLC Nail Salon
  • Premia Fitness Riverdale Gym & Fitness Center
  • Subway Restaurant Take-out & Catering
  • Sunny Days Laundromat (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.31M
CAP Approach CAP
$3.43M
Comparable Approach Comparable
$2.79M
Blend (final) Blend
$2.93M
Owner & transaction history
Rsc 2 LLC · 3 yrs held
Rsc 2 LLC
since 2023
Last sale
$2.8M
7 recorded transactions
2024
Price N/A
2023
Price N/A
2022
$14.6M
2020
$2.8M
2019
$100
2013
$1.2M
2005
$4.6M
Zoning & alternative use
CC · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $3.8M +15.8%
Medical building $3.7M +12.4%
Retail stores $3.7M +10.1%
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