20251 Summerlin Rd Fort Myers, FL 33908-3761
This exceptional 3,721 square foot former bank branch, located at 20251 Summerlin Rd, Fort Myers, FL 33908, presents a unique investment opportunity. The single-story, 2004-built building sits on a 0.98-acre lot and boasts 38 parking spaces, providing ample room for customers and staff. Recently renovated, the property features a new metal roof, 17.5 tons of new HVAC, fresh exterior paint, and a new ADT alarm system. A new parking lot and updated irrigation/landscaping are also in place. Constructed of concrete block with impact windows and 3-phase electrical power, the building offers 12-foot interior ceilings and a secure bank vault. Importantly, there are no financial restrictions on the property, a rare advantage for former bank branches. The property is serviced by city water/sewer and natural gas. This vacant building, with an occupancy date of November 1, 2024, offers excellent visibility on Summerlin Rd, just 3 miles from the Sanibel Causeway. Four drive-thrus offer potential for conversion into covered parking or storage. Easy ingress and egress are ensured by the ample parking and overflow access to a nearby Publix center. The property is being offered below replacement cost and a generous build-out allowance is available for a tenant. The building is zoned for commercial use. Consider this prime location for a professional office or retail business seeking Sanibel access without Sanibel real estate prices. The property is available for sale or lease as an NNN (Net Lease) investment.
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BB&T Mortgage Loan Service Bank
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CPD · Fort Myers, FLFort Myers. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.