Property profile

3860 Palm Bch Blvd Fort Myers, FL 33916

OFF-MARKET
Retail space
Property ID
US18-8496096
7,022 SF 1.25 ac lot Built 2015
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2015
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,022 SF
Lot 1.25 ac (54,350 SF)
Zoning code C1
APN 08-44-25-P1-01505.0090
UPID US18-8496096

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
  • Auto Parts Store

Location

3860 Palm Bch Blvd Fort Myers, FL 33916-3738
Fort Myers metro Census 305 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.42M
Comparable Approach Comparable
$1.68M
Blend (final) Blend
$1.64M

Owner & transaction history

since 2014
5 recorded transactions
2014
$300,000
2005
$515,000
2003
$512,000
1999
$445,000
1969
Price N/A

Zoning & alternative use

C1 · Fort Myers, FL
Top alternative use upside
Commercial (general) $2.5M +37.8%
Office building $1.9M +5.2%
Medical building $1.9M +2.1%

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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