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    Property profile & analytics

    4325 Michigan Ave Fort Myers, FL 33905-4501

    • Retail space
    • 2,400 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $8,345,000
    Last Sale
    Jun 14, 2021
    $8,500,000
    Location Intelligence
    Property ID
    US18-3618275
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • FORESTRY RESOURCES / Warehouse

    Property Details for 4325 Michigan Ave

    Year built
    1978
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.43 lot acres
    Property size
    2,400 SF
    Zone code
    PUD
    Property type
    Retail space
    APN
    17-44-25-P3-00061.002A
    APU
    174425P300061002A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $8,490,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,475,000
      6.5%
      $8,545,000
      7%
      $9,340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,530,000
      Geo Method
      $8,100,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,785,000
      Retail
      $7,600,000
      Mixed-Use
      $7,695,000
      Hospitality
      $8,045,000
      Educational
      $8,010,000
      Residential Income
      $7,060,000
      Energy
      $7,075,000
      Income-Based Land
      $9,545,000
      Food Service
      $9,190,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.8254
    Latitude
    26.6432
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,443
    $60,954
    $157,956
    $218,910
    -
    $60,954
    $157,956
    $218,910

    Comparable in this City

    • Value Estimation by Request
      6,720 SF

      4300 Lexington Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,720 SF
      4300 Lexington Ave, Fort Myers, FL 33905-3240
      View Details
    • Value Estimation by Request
      9,450 SF

      14308 Palm Bch Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,450 SF
      14308 Palm Bch Blvd, Fort Myers, FL 33905-2321
      View Details
    • Value Estimation
      $3,110,000
      11,099 SF

      430 New York Dr

      RETAIL STORES (PERSONAL SERVICES) • 11,099 SF
      430 New York Dr, Fort Myers, FL 33905-3466
      View Details
    • Value Estimation
      $205,000
      6,000 SF

      12538 Palm Bch Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      12538 Palm Bch Blvd, Fort Myers, FL 33905-1906
      View Details
    • Value Estimation by Request
      4,050 SF

      3415 Forum Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,050 SF
      3415 Forum Blvd, Fort Myers, FL 33905-5587
      View Details
    • Value Estimation by Request
      12,507 SF

      4235 Palm Bch Blvd

      RETAIL STORES (PERSONAL SERVICES) • 12,507 SF
      4235 Palm Bch Blvd, Fort Myers, FL 33905-3412
      View Details

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    Similar Nearby for Lease

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      Retail Space at The Forum

      Retail space available in high-traffic Fort Myers location.
      3230-3268 Forum Blvd, Fort Myers, FL 33905
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    • Contact for pricing
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    • $2,500 /Mo
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      Industrial Space with Fenced Yard

      Industrial property for rent with paved and fenced yard.
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    • Contact for pricing
      8,139 SF

      Industrial Warehouse with Fenced Lot

      8,139 SF warehouse with secure, fenced 4.30 AC lot.
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    • $3,500 /Mo
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      Flex Space Available For Rent

      Flex units with ground level doors and high ceilings.
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    • $12 SF/Yr
      3,200 SF

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      Prime Fort Myers warehouse, ready for occupancy.
      5734 Corporation Cir, Fort Myers, FL 33905
      View Details
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    4325 Michigan Ave
    Fort Myers, FL 33905-4501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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