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Property profile & analytics
FOR LEASE
Community centers

15675 Mcgregor Blvd Fort Myers, FL 33908

53,869 SF 8.79 ac lot Built 1984
Individually Owned 19-yr Hold ~ Est. High Equity
Property ID
US19-0491793
Property summary
AI-generated overview

Island Plaza, located at 15675 McGregor Blvd, Fort Myers, FL 33908, presents a prime retail opportunity in a vibrant commercial area. This C-1A zoned strip center offers a total of 57,852 square feet of retail space, with multiple tenancies available. Currently, 13,232 square feet are vacant, offering flexible space options ranging from a minimum of 966 square feet to a maximum contiguous space of 6,800 square feet. The property boasts ample parking, with a ratio of 6.28 spaces per 1,000 square feet. This makes Island Plaza an ideal location for a variety of retail businesses seeking high visibility and convenient access for customers. The property's strategic location in Fort Myers, Florida, ensures high foot traffic and exposure to a thriving consumer base. The flexible space options allow for customization to suit diverse business needs, making it an attractive investment for both established businesses and new ventures. Interested parties are encouraged to inquire about available spaces and lease terms. The property's convenient location and ample parking make it an excellent choice for businesses seeking a strong presence in the Fort Myers market. The existing infrastructure and zoning regulations provide a supportive environment for a wide range of retail operations.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 53,869 SF
Lot 8.79 ac (382,743 SF)
Zoning code C-1A
APN 31-45-24-00-00011.2000
UPID US19-0491793
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
  • Global Solutions Electronics Company Electronics & Wireless Store
  • Kelly Cove Realty Inc Real Estate Agency
  • Anderson's Tackle Inc (Bike/Boat/Book/etc) Store
  • Lucille's Boutique Discount Store (Bike/Boat/Book/etc) Store
  • Hodgepodge & Hot Flashes Inc Discount Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.83M
Blend (final) Blend
$5.92M
Owner & transaction history
Island Plaza Shopping Center L · 19 yrs held
Island Plaza Shopping Center L
since 2007
3 recorded transactions
2007
Price N/A
2003
$1.7M
1998
$1.9M
Zoning & alternative use
C-1A · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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