Property profile

150 Pondella Rd North Fort Myers, FL 33903

OFF-MARKET
Medical Office Space
Property ID
US18-2985522
6,702 SF 2.37 ac lot Built 1992
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property in North Fort Myers, Florida, offers 8,900 square feet of office space on a 2.37-acre lot. The main building, constructed in 1992, features a 6,700 square foot medical office layout with a large reception area, waiting room, numerous patient rooms, multiple offices, an X-ray room, and a records room. The second floor comprises an additional 2,200 square feet of space, including a full bath and balcony. The property boasts 44 parking spaces and a recently updated roof (4 years old). Further enhancing its appeal are new hurricane shutters, three air conditioning units (installed in 2011), and three new mini-split systems on the second floor. The property includes a large vacant lot zoned C-1A, offering significant development potential. The current zoning allows for a variety of uses. While an estimate for repaving the parking lot is available ($65,000), the property is being sold as-is. This versatile property presents a unique opportunity for expansion and growth in a thriving area. The Lee County location, with address 150 Pondella Rd, zip code 33903, presents a compelling investment opportunity. The asking price is $2,995,000.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1992
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,702 SF
Lot 2.37 ac (103,194 SF)
Zoning code C-1A
APN 02-44-24-00-00055.0000
UPID US18-2985522

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

150 Pondella Rd North Fort Myers, FL 33903-3846
North Fort Myers metro Census 20600 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$2.1M
1 recorded transaction
2025
$2.1M

Zoning & alternative use

C-1A · North Fort Myers, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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