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    Property profile & analytics

    4480 Cleveland Ave Fort Myers, FL 33901-9053

    • Retail space
    • 1,740 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $765,000
    Last Sale
    Jan 16, 2020
    $620,000
    Location Intelligence
    Property ID
    US18-4192718
    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

    • Cerio's Jewelry / Diamond Dealer / Engraver
    • La Paisana auténtica comida hondureña / Fast Food Restaurant
    • California Burrito's / Burrito Restaurant

    Property Details for 4480 Cleveland Ave

    Year built
    1968
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.49 lot acres
    Property size
    1,740 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    35-44-24-P3-00073.0080
    APU
    354424P3000730080

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $795,000

    • CAP approach

      CAP return
      Estimation
      6%
      $680,000
      6.5%
      $615,000
      7%
      $575,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $695,000
      Geo Method
      $645,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $660,000
      Mixed-Use
      $590,000
      Hospitality
      $530,000
      Educational
      $635,000
      Residential Income
      $655,000
      Energy
      $710,000
      Income-Based Land
      $600,000
      Food Service
      $570,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.8722
    Latitude
    26.5973
    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
    $8,471
    $277,326
    $206,050
    $483,376
    -
    $277,326
    $206,050
    $483,376

    Comparable in this City

    • Value Estimation by Request
      8,328 SF

      1601 Lee St

      RETAIL STORES (PERSONAL SERVICES) • 8,328 SF
      1601 Lee St, Fort Myers, FL 33901-2933
      View Details
    • Value Estimation by Request
      6,888 SF

      3792 Cleveland Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,888 SF
      3792 Cleveland Ave, Fort Myers, FL 33901-7909
      View Details
    • Value Estimation
      $190,000
      1,934 SF

      4426 Cleveland Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,934 SF
      4426 Cleveland Ave, Fort Myers, FL 33901-9010
      View Details
    • Value Estimation
      $4,275,000
      14,129 SF

      2403 Cleveland Ave

      RETAIL STORES (PERSONAL SERVICES) • 14,129 SF
      2403 Cleveland Ave, Fort Myers, FL 33901-4904
      View Details
    • Value Estimation
      $305,000
      1,392 SF

      3547 Cleveland Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,392 SF
      3547 Cleveland Ave, Fort Myers, FL 33901-7903
      View Details
    • Value Estimation
      $205,000
      900 SF

      3422 Cleveland Ave

      RETAIL STORES (PERSONAL SERVICES) • 900 SF
      3422 Cleveland Ave, Fort Myers, FL 33901-7108
      View Details

    Similar Nearby for Sale

    • $3,000,000
      13,778 SF

      Commercial Retail Space For Sale

      13,778 SF retail space on 1.23 acres.
      4100 Evans Ave, Fort Myers, FL 33901
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    • $899,000
      6,370 SF

      Downtown Fort Myers Retail Property

      Retail property with high visibility in downtown Fort Myers.
      2400 Cleveland Ave, Fort Myers, FL 33901
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    • $107,000
      0.37 Acres

      Freestanding Commercial Building For Sale

      High-visibility commercial building suitable for restaurants, retail, or event spaces.
      2847 Cleveland Ave, Fort Myers, FL 33901
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    • $2,025,000
      0.97 Acres

      Profitable Fort Myers Investment Opportunity

      Free-standing, fully leased building with diverse tenants and ample parking.
      3775 Fowler St, Fort Myers, FL 33901
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    • Contact for pricing

      7-Eleven with Gas and ATM

      High-traffic Fort Myers location with strong national tenants.
      2977 Cleveland Ave, Fort Myers, FL 33901
      View Details
    • $2,500,000
      10,880 SF

      Freestanding Office/Showroom/Warehouse For Sale

      10,880 SF office/showroom/warehouse with owner financing potential.
      4145 Fowler St, Fort Myers, FL 33901
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      1,147 SF

      Retail Space in Downtown Fort Myers

      High-traffic retail space in the heart of downtown Fort Myers.
      2160 Mcgregor Blvd, Fort Myers, FL 33901
      View Details
    • $16 SF/Yr
      9,600 SF

      Freestanding Retail Building on US41

      9,600 SF retail building for sale or lease.
      4150 Cleveland Ave, Fort Myers, FL 33901
      View Details
    • $4,000 /Mo
      2,400 SF

      Retail Space in Gardners Park

      2,400 SF retail space in a trending district.
      1815 Fowler St, Fort Myers, FL 33901
      View Details
    • $25 SF/Yr
      1,416 SF

      Downtown Fort Myers Retail Space

      High-traffic retail space in downtown Fort Myers for lease.
      2023 Altamont Ave, Fort Myers, FL 33901
      View Details
    • $2,500 /Mo
      5,835 SF

      Multi-Tenant Retail/Office/Flex Building

      5,835 SF building in Fort Myers, easily accessible.
      50 Mildred Dr, Fort Myers, FL 33901
      View Details
    • $16 SF/Yr
      31,200 SF

      Retail Space Near Edison Mall

      Retail plaza with frontage on Cleveland Avenue available for lease.
      4380 Cleveland Ave, Fort Myers, FL 33901
      View Details
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    Fort Myers, FL 33901-9053
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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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