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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5003 Lee Blvd Lehigh Acres, FL 33971-1016

    • Retail space
    • 7,193 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimations
    $480,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-7886920
    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

    • O'Reilly Auto Parts / Auto Parts Store / Auto Body Parts Supplier

    Property Details for 5003 Lee Blvd

    Year built
    2018
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.50 lot acres
    Property size
    7,193 SF
    Zone code
    CPD
    Property type
    Retail space
    APN
    29-44-26-L3-18000.0010
    APU
    294426L3180000010

    Description

    This exceptional investment opportunity presents a 7,225 square foot freestanding O'Reilly Auto Parts store located in Lehigh Acres, Florida, on a 1.5-acre lot. The property boasts a prime location on Lee Boulevard, a major thoroughfare with a high volume of daily traffic (36,985 VPD), providing excellent visibility and accessibility. The building, constructed in 2018, features an attractive elevated brick and stucco façade. The property includes 36 parking spaces. This corporate net lease offers a substantial 14 years remaining on the primary term of a 20-year lease, with three 5-year renewal options. Rent increases are built in, with a 6% increase scheduled for 2028 and in each subsequent option period. The property generates a strong net operating income (NOI) of $135,384, representing a 5.75% cap rate on the asking price of $2,354,000 ($325.81 per square foot). The location benefits from proximity to major roadways including FL-82 and I-75, connecting Tampa to South Florida. Nearby established retailers include Family Dollar, 7-Eleven, Publix, Dollar General, Wawa, McDonald's, Wells Fargo, Dairy Queen, and Chase Bank, further enhancing the property's desirability and value. This is a rare opportunity to acquire a stable, high-performing investment in a thriving Florida market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $480,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lehigh Acres
    County
    Lee
    State
    Florida
    Longitude
    -81.7309
    Latitude
    26.6176
    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
    $24,016
    $1,350,826
    $747,361
    $2,098,187
    -
    $1,350,826
    $747,361
    $2,098,187

    Comparable in this City

    • Value Estimation
      $480,000
      7,599 SF

      2903 Lee Blvd

      RETAIL STORES (PERSONAL SERVICES) • 7,599 SF
      2903 Lee Blvd, Lehigh Acres, FL 33971-1438
      View Details
    • Value Estimation
      $460,000
      8,000 SF

      3519 Lee Blvd

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      3519 Lee Blvd, Lehigh Acres, FL 33971-1304
      View Details
    • Value Estimation
      $295,000
      1,693 SF

      2814 Lee Blvd Ste, Unit 13

      RETAIL STORES (PERSONAL SERVICES) • 1,693 SF
      2814 Lee Blvd Ste, Lehigh Acres, FL 33971-1561
      View Details
    • Value Estimation
      $300,000
      1,705 SF

      2814 Lee Blvd Ste, Unit 18

      RETAIL STORES (PERSONAL SERVICES) • 1,705 SF
      2814 Lee Blvd Ste, Lehigh Acres, FL 33971-1561
      View Details
    • Value Estimation
      $380,000
      7,381 SF

      401 Dallas St

      RETAIL STORES (PERSONAL SERVICES) • 7,381 SF
      401 Dallas St, Lehigh Acres, FL 33971-6361
      View Details
    • Value Estimation
      $300,000
      1,705 SF

      2814 Lee Blvd Ste, Unit 12

      RETAIL STORES (PERSONAL SERVICES) • 1,705 SF
      2814 Lee Blvd Ste, Lehigh Acres, FL 33971-1561
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space in Lehigh Acres

      Retail space available in Lehigh Acres shopping center.
      4314 Lee Blvd, Lehigh Acres, FL 33971
      View Details
    • $2,300,000
      1 SF

      Lehigh Acres Retail Building ForSale

      Freestanding retail building with drive-thru on 0.76 acres.
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      O'Reilly Auto Parts Investment

      Corporate net lease with 13 years remaining near Fort Myers.
      5003 Lee Blvd, Lehigh Acres, FL 33971
      View Details
    • Contact for pricing
      0.25 Acres

      Residential Lot in Lehigh Acres

      Residential land for sale in a quiet Lehigh Acres neighborhood.
      3516 58Th St W, Lehigh Acres, FL 33971
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      0.25 Acres

      Residential Land in Lehigh Acres

      Residential land for building a home or investment property.
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      0.25 Acres

      Lehigh Acres Quarter Acre Lot

      Quarter acre lot in Lehigh Acres, ready for development.
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    Similar Nearby for Lease

    • Contact for pricing

      Lee County Retail Pads - 4 Spaces

      Prime Lee County retail land, four build-to-suit pads.
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      View Details
    • Contact for pricing
      6,592 SF

      New Automotive Building For Lease

      New construction automotive building with eight service bays available 3Q25.
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      Industrial Flex Space For Rent

      Light industrial flex space with convenient access to major routes.
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      465,656 SF

      Lee Blvd Commercial Land Opportunity

      Lehigh Acres land, multiple parcels available.
      3614 5Th St, Lehigh Acres, FL 33971
      View Details
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      Lehigh Acres Warehouse/Flex Space

      Industrial warehouse/flex space with fenced outdoor storage available for lease.
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      View Details
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      Industrial Space in Lehigh Acres

      Industrial property available for rent in Lehigh Acres, Florida.
      5441 Lee St, Lehigh Acres, FL 33971
      View Details
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    Lehigh Acres, FL 33971-1016
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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