2120 Collier Ave 2150 Fort Myers, FL 33901-8125
This exceptional 53,244-square-foot property in Fort Myers, Florida, presents a unique investment opportunity. Situated on a 4.64-acre lot zoned CG, this multi-building campus offers diverse income streams and significant expansion potential. The main building, a 18,440-square-foot sanctuary, features ample seating, a stage, baptismal, band area, fellowship hall, welcome center, and a wired sound studio. All buildings are equipped with fire safety systems, including sprinklers and Starlink. A second building, approximately 18,000 square feet, currently serves as a dormitory but is easily adaptable for school use, including offices, showers, and a full commercial kitchen. A third building provides retail space with several existing tenants, generating additional income at an average rate of $14 per square foot. The property boasts ample, recently repaved parking and additional courtyards. Built in 1981, this property offers a 7.76% pro-forma cap rate and a $760,440 pro-forma NOI, with an asking price of $9,800,000 ($184.06/sq ft). One loading dock and one dock-high door are available. This adaptable space aligns perfectly with the Downtown Expansion Redevelopment plan, making it an ideal investment for a variety of uses.
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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
PUD · 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.