Property profile

3937 Broadway 3957 Fort Myers, FL 33901

OFF-MARKET
Investment properties
Property ID
US18-3291705
2,691 SF 0.61 ac lot Built 1972
Entity Owned 2-yr Hold
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,691 SF
Lot 0.61 ac (26,612 SF)
Zoning code C1
APN 36-44-24-P1-00012.0070
UPID US18-3291705

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3937 Broadway, Unit 3957 Fort Myers, FL 33901-8187
Fort Myers metro Census 1104 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.30M

Owner & transaction history

since 2024
Last sale
$1.3M
6 recorded transactions
2024
Price N/A
2024
$1.3M
2017
Price N/A
2015
$544,000
2014
$685,000
2009
Price N/A

Zoning & alternative use

C1 · Fort Myers, FL
Top alternative use upside
Auto repair, garage $2.0M +103.8%

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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