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Property profile & analytics
OFF-MARKET Estimated value $9,280,000
Warehouses

351 Leonard N Blvd Lehigh Acres, FL 33971-6357

103,458 SF 7.39 ac lot Built 2002
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-9845313
Property summary
AI-generated overview

This exceptional industrial property, located at 351 Leonard Blvd N in Lehigh Acres, Florida, offers a total of 103,000 square feet of warehouse, distribution, and manufacturing space within a single, one-story building. The property is zoned IL and is situated in Lee County, zip code 33971. Currently configured as a multi-tenant facility, it features two suites, with a minimum divisible space of 44,414 square feet and a maximum contiguous space of 44,414 square feet. The high ceilings range from 18 to 23 feet, providing ample vertical clearance for various industrial uses. Loading and unloading are facilitated by 30 dock-high doors and 2 drive-in doors, ensuring efficient operations. This strategically located property presents a significant opportunity for businesses seeking flexible and functional warehouse space in a thriving industrial area. The property's size and features make it suitable for a variety of industrial operations, from storage and distribution to light manufacturing. Its location in Lee County, Florida offers easy access to major transportation routes, enhancing logistical efficiency. The availability of a substantial contiguous space of 44,414 square feet is particularly attractive to businesses requiring significant operational area. This property is an excellent choice for companies seeking a well-equipped and strategically positioned industrial facility.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2002
Construction STEEL FRAME
Total area 103,458 SF
Lot 7.39 ac (321,821 SF)
Zoning code IL
APN 30-44-26-00-00001.0250
UPID US18-9845313
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • NTW - National Tire Wholesale (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$11.85M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.45M
Blend (final) Blend
$9.28M
Owner & transaction history
Olp Lehigh Acres Fl LLC · 4 yrs held
Olp Lehigh Acres Fl LLC
since 2021
Last sale
$9.4M
3 recorded transactions
2021
$9.4M
2014
Price N/A
2005
$8.2M
Zoning & alternative use
IL · Lehigh Acres, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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