3131 E Riverside Dr Fort Myers, FL 33916
For Sale
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This exceptional 24,700-square-foot industrial property, located at 3131 E Riverside Dr in Fort Myers, Florida, presents a unique investment opportunity. Situated on a 1.06-acre lot (plus an additional 0.41 acres across the street), this single-story building boasts a prime location on the Caloosahatchee River, close to the historic Downtown River District. Built in 1935 and extensively renovated in 2023, the property features a new Firestone TPO roof with a multi-year warranty on the waterfront office sections, new 175mph hurricane-resistant windows with a lifetime warranty, and new HVAC systems installed post-Hurricane Ian. Modern upgrades include LED lighting and high-speed WiFi with Google Nest integration. The property includes 8 roadside parking spaces and 6 spaces within a gated, fenced, and security-lit area. An adjacent lot, recently purchased by the City of Fort Myers, is planned for dredging a river channel, and there are plans for additional parking on an adjacent lot if needed. The property also features a rooftop terrace. The property is zoned CG (Commercial General), with the adjacent lot zoned RM16. The 2023 property taxes were $15,388. Available for sale at $4,795,000 or for lease
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Home Pros Roofing Company General Contractor
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
CG · 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.