Property profile

3840 Colonial Blvd Fort Myers, FL 33966

OFF-MARKET
Medical Office Space
Property ID
US18-3599975
6,000 SF 0.8 ac lot Built 1995
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,000 SF
Lot 0.8 ac (34,979 SF)
Zoning code CG
APN 32-44-25-P4-00100.003A
UPID US18-3599975

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
  • Alternative Medicine Practice Physician
  • Physician
  • Spa & Massage Center Alternative Medicine Practice

Location

3840 Colonial Blvd Fort Myers, FL 33966-1177
Fort Myers metro Census 1208 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.75M
CAP Approach CAP
$1.16M
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$1.75M

Owner & transaction history

since 2024
Last sale
$1.8M
7 recorded transactions
2024
$1.8M
2022
Price N/A
2022
$1.2M
1994
$153,300
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CG · Fort Myers, FL
Zoning description

It is the express intent of the CG District to provide areas for commercial activities that meet the retail shopping and service needs of the community.

General category COMMERCIAL
Top alternative use upside
Commercial (general) $2.2M +35.0%
Office building $1.7M +4.9%

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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