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Property profile & analytics
OFF-MARKET Estimated value $5,665,000
Community centers

5100 Cleveland Ave Fort Myers, FL 33907-2189

36,479 SF 10.54 ac lot Built 1990
Entity Owned 26-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-9486768
Property summary
AI-generated overview

This exceptional retail property, located at 5100 S Cleveland Ave in Fort Myers, Florida (zip code 33907), offers 21,950 square feet of total building space. Currently, there is 2,925 square feet of vacant space available for lease, ideal for a variety of commercial uses. The property is categorized as multi-tenant retail, situated in Lee County, Florida. Its prime location provides excellent visibility and accessibility for customers. The building's substantial size allows for flexibility in tenant configuration and potential for expansion. This is a fantastic opportunity for businesses seeking a well-established location within a thriving commercial area. The property's address is easily accessible from major roadways, ensuring high traffic flow and convenient access for both employees and customers. The available space presents a unique chance to establish or expand a business in a dynamic and growing market. Serious inquiries are encouraged to explore this promising commercial real estate opportunity. Detailed specifications and lease terms are available upon request. Don't miss this chance to secure a prominent retail presence in Fort Myers.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 36,479 SF
Lot 10.54 ac (459,122 SF)
Zoning code CI
APN 02-45-24-P3-02400.0010
UPID US18-9486768
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • REI Engineers Roofing Company General Contractor
  • Accumark General Contractor
  • Direct Auto Insurance Insurance Agency
  • The krab hut Restaurant
  • Pho Bamboo Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.67M
Owner & transaction history
Page Plaza Acquisition LP
Page Plaza Acquisition LP
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CI · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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