Property profile

1940 Benchmark Ave Fort Myers, FL 33905

OFF-MARKET
Office Spaces
Property ID
US18-3644411
672 SF 4.63 ac lot Built 2000
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2000
Construction STEEL FRAME
Total area 672 SF
Lot 4.63 ac (201,639 SF)
Zoning code IL
APN 16-44-25-P4-00300.0290
UPID US18-3644411

Cap rate & NOI

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

Location

1940 Benchmark Ave Fort Myers, FL 33905
Fort Myers metro Census 504 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.76M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.49M

Owner & transaction history

since 2021
Last sale
$8.5M
4 recorded transactions
2021
$8.5M
2021
Price N/A
2016
Price N/A
1969
Price N/A

Zoning & alternative use

IL · Fort Myers, FL
Zoning description

The IL District is established in order to protect light industrial uses, promote and protect future development of the district in light industrial usage.

General category INDUSTRIAL

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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