20251 Summerlin Rd Fort Myers, FL 33908-3761
Property profile & analytics
20251 Summerlin Rd, Fort Myers, FL 33908-3761
- Banks
- 5,564 SF
- 0.98 lot acres
Property ID
US18-2507390
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- BB&T Mortgage / Loan Service / Bank
Property Details for 20251 Summerlin Rd
- Year built
- 2004
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.98 lot acres
- Zone code
- CPD
- Property type
- Banks
- APN
- 11-46-23-02-00000.0020
- APU
- 11462302000000020
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,380,000
- ML approach
- $1,380,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $902,000
Market price range: $779k - $1.52M -
Alternative Use
- Use
- Estimation
- FINANCIAL BUILDING
- $1,180,000 Current use
- COMMERCIAL (GENERAL)
- $1,995,000 Change: +69% Conversion: Difficult
- OFFICE BUILDING
- $1,615,000 Change: +37% Conversion: Difficult
- MEDICAL BUILDING
- $1,480,000 Change: +25% Conversion: Difficult
- RETAIL STORES
- $1,450,000 Change: +23% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,315,000 Change: +11% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.9734
- Latitude
- 26.493
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,739
$853,760
$10
$853,770
-
$853,760
$10
$853,770
