Property profile

3422 Palm Ave Fort Myers, FL 33901

OFF-MARKET
Warehouses
Property ID
US18-4670087
5,107 SF 2.74 ac lot Built 1978
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 35,282 square foot self-storage facility in Fort Myers, Florida, presents a lucrative investment opportunity. Located at 3422 Palm Ave, near Palm Ave, this property sits on a 2.74-acre lot (119,616 sq ft) and is zoned IL. The Lee County property (APN: 25-44-24-P3-00100.048A) currently has 3,000 square feet of vacant space, with a minimum divisible unit size of 300 square feet. The facility features multiple tenancies, offering flexibility for various storage needs. Individual units boast 9-foot clear height, roll-up doors, and man doors. Amenities include newly painted units, coded gate entry, 24/7 video surveillance, and drive-up access. While units currently lack individual electrical service, the property's high demand and convenient location in the Fort Myers submarket make it an attractive investment. The property is ideal for an investor seeking immediate income generation and potential for future expansion. This is a rare opportunity to acquire a well-maintained self-storage facility in a thriving Florida market.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,107 SF
Lot 2.74 ac (119,365 SF)
Zoning code IL
APN 25-44-24-P3-00100.048A
UPID US18-4670087

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
  • Storage Facility
  • Car Rental Facility

Location

3422 Palm Ave Fort Myers, FL 33901-7432
Fort Myers metro Census 1101 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$820k

Owner & transaction history

since 2025
Last sale
$1.3M
7 recorded transactions
2025
Price N/A
2025
$1.4M
2023
$1.3M
2023
Price N/A
2023
Price N/A
2016
Price N/A
2002
$25,000

Zoning & alternative use

IL · Fort Myers, FL
Zoning description

The IL District is established in order to protect light industrial uses, promote and protect future development of the district in light industrial usage.

General category INDUSTRIAL

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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