Technical
Financial
Distress signals
Property profile

1950 Ricardo Ave Fort Myers, FL 33901

OFF-MARKET
Gas stations
Property ID
US18-9535823
2,627 SF 0.16 ac lot Built 1966
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This freestanding industrial flex building features an air-conditioned front showroom area, an ADA-compliant bathroom, and a private office. The rear flex/warehouse portion includes two rear bay doors with approximately 13-foot clearance, supporting practical loading and light industrial use. The building is located in Fort Myers, positioned just off US-41, with a side driveway providing access to a fenced rear parking and storage lot that includes a large storage container for dry storage. Overall, the property is configured with dedicated front customer/office space combined with rear warehouse/flex space, plus rear yard access and dedicated fenced storage/parking via the side drive.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,627 SF
Lot 0.16 ac (7,100 SF)
Zoning code C1
APN 26-44-24-P3-0140D.0020
UPID US18-9535823

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
  • Kitchen & Bath Showroom Interior Design
  • Kitchen & Bath Showroom Hardware & Home Improvement
  • Carpet & Flooring Store Hardware & Home Improvement
  • Hardware & Home Improvement

Location

1950 Ricardo Ave Fort Myers, FL 33901-7132
Fort Myers metro Census 1002 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2024
Last sale
$349,000
7 recorded transactions
2024
$349,000
2021
Price N/A
2020
$280,000
2017
Price N/A
2014
$130,000
2011
Price N/A
2009
$293,000

Zoning & alternative use

C1 · 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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