14580 Cleveland Ave North Fort Myers, FL 33903
This exceptional 1.83-acre commercial land parcel in North Fort Myers, Florida, presents a remarkable investment opportunity. Located on US 41/Tamiami Trail, the property boasts over 214 feet of high-visibility highway frontage, ensuring maximum exposure for any commercial venture. Access is also provided from a back street, facilitating convenient ingress and egress. The property is zoned Community Commercial and has already received a special exception for a storage yard. Detailed engineering plans, a survey, and an environmental report are available for review. Public utilities are readily accessible nearby. This prime location offers significant potential; a proposed storage business layout could accommodate approximately 125 stalls, generating an estimated annual income of $175,000. The property's strategic location is further enhanced by the proximity to substantial residential development: approximately 600 apartment units are currently under construction within three-quarters of a mile, and an additional 350 units are proposed just 1.5 miles south. The property's APN is 03-44-24-02-00000.0500. The asking price is $395,000, with seller financing and potential partnership opportunities available. This is fee simple ownership.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · North Fort Myers, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.