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Property profile & analytics
OFF-MARKET Estimated value $595,000
Office buildings

511 Pondella Rd North Fort Myers, FL 33903-7112

651 SF 0.34 ac lot Built 1997
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-2171787
Property summary
AI-generated overview

This exceptional 0.371-acre commercial property located at 511 Pondella Road in North Fort Myers, Florida, presents a fantastic investment opportunity. Priced at $670,000, this special purpose land offers unparalleled versatility. The property boasts a spacious office building, ideal for a variety of commercial uses. The building includes two bathrooms, providing ample convenience for employees and clients. Access is enhanced by a dual garage access in the rear, offering convenient loading and unloading capabilities. Extensive paved parking space is available, ensuring ample room for vehicles. A gated entrance adds a layer of security and privacy. The property's strategic location provides convenient access to both Cape Coral and Downtown Fort Myers, making it an attractive option for businesses seeking high visibility and easy commutes for employees and clients. The property is situated in Lee County, Florida, with a zip code of 33903. This is a rare opportunity to acquire a well-situated commercial property with significant potential for growth and development. The large lot size allows for expansion or future development possibilities. The combination of a functional office building, ample parking, and secure access makes this property a truly compelling investment.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 651 SF
Lot 0.34 ac (15,000 SF)
Zoning code C-1
APN 10-44-24-00-00009.0070
UPID US18-2171787
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$595k
Owner & transaction history
Diamond Holdings LLC · 1 yrs held
Diamond Holdings LLC
since 2025
Last sale
$610,000
7 recorded transactions
2025
$610,000
2021
Price N/A
2021
Price N/A
2009
Price N/A
2005
$590,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · North Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $460,000 +143.4%
Commercial (general) $405,000 +114.4%
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