Property profile

17060 John Morris Rd Fort Myers, FL 33908

FOR SALE
Commercial land
Property ID
US18-2188439
0.62 ac lot
Individually Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.6-acre commercial lot, located at 17060 John Morris Road in Fort Myers, Florida, presents a unique investment opportunity. Boasting a generous 27,094 square feet, this property is ideally situated at the signalized intersection of Summerlin Road and John Morris Road, ensuring high visibility and accessibility. The property is zoned for Commercial Tourism, allowing for a wide range of development possibilities. Permitted uses include retail, hotel/motel, supermarket, restaurant, drive-through, medical office, residential accessory uses, indoor storage, cultural facilities, and places of worship. This versatile zoning makes it suitable for a variety of businesses and projects. The asking price for this strategically located land is $699,000. A temporary lease option may also be available. This prime location in Lee County, Florida, offers excellent potential for growth and return on investment. The property's address is verified as 17060 John Morris Rd, Fort Myers, FL 33908. Don't miss this chance to acquire a highly desirable commercial property in a thriving area.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.62 ac (27,094 SF)
Zoning code CT
APN 11-46-23-00-00006.0000
UPID US18-2188439

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

17060 John Morris Rd Fort Myers, FL 33908
Fort Myers metro Census 1911 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2015
7 recorded transactions
2015
$78,000
2010
$166,300
2005
$2.0M
2004
$1,600
2004
Price N/A
2002
$600,000
1969
Price N/A

Zoning & alternative use

CT · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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