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Property profile & analytics
FOR SALE
Grocery and convenience stores

18731 3 Oaks Pkwy Fort Myers, FL 33967

31,749 SF 4.58 ac lot Built 1993
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US18-7671563
Property summary
AI-generated overview

Three Oaks Town Center, located at 18731-751 Three Oaks Pkwy, Fort Myers, FL 33967, presents a unique opportunity for businesses seeking retail, office, or restaurant space in Southwest Florida's rapidly growing Estero submarket. This Class A property, built in 1999 and renovated in 2019, comprises two single-story buildings totaling 31,749 square feet across four suites. The property sits on 5 acres of land and offers a variety of space options, including large box retail spaces (up to 31,749 contiguous square feet, with potential expansion to 50,000 square feet), smaller inline spaces ranging from 810 to 2,096 square feet, and build-to-suit options starting at approximately 3,500 square feet. All spaces feature 17.5-foot ceilings. The property boasts ample parking (ratio varies based on space size, up to 1,000 SF), and benefits from a strategic location at the intersection of Three Oaks Parkway and San Carlos Boulevard, providing easy access to I-75 and Alico Road. The zoning is CPD - Lee County, and the property is situated within a thriving area experiencing significant residential and commercial development. The minimum divisible space is 810 square feet. Currently, the entire 31,749 square feet is vacant. Further details on approved uses are available upon request.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1993
Construction STEEL FRAME
Total area 31,749 SF
Lot 4.58 ac (199,461 SF)
Zoning code CPD
APN 15-46-25-L3-U2105.2795
UPID US18-7671563
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.54M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.03M
Blend (final) Blend
$4.47M
Owner & transaction history
3 Oaks Tc LLC · 3 yrs held
3 Oaks Tc LLC
since 2022
Last sale
$4.4M
2 recorded transactions
2022
$4.4M
2015
Price N/A
Zoning & alternative use
CPD · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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