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    Property profile & analytics

    5248 Bank St Fort Myers, FL 33907-2111

    • Retail space
    • 1,840 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US18-1158384
    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

    • Grant Eyeglasses and Hearing Center, Inc. / Sunglasses Store / Contact Lenses Supplier
    • Scuba Mask Masters / Dive Shop
    • Tropical Hearing Aid Center / Hearing Aid Store
    • Floyd Schell / Audiologist

    Property Details for 5248 Bank St

    Year built
    1985
    Lot size
    0.05 lot acres
    Property size
    1,840 SF
    Property type
    Retail space
    APN
    02-45-24-P3-01900.A010
    APU
    024524P301900A010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $305,000
      7%
      $320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $330,000
      Mixed-Use
      $310,000
      Hospitality
      $355,000
      Educational
      $380,000
      Residential Income
      $380,000
      Energy
      $285,000
      Income-Based Land
      $370,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.8726
    Latitude
    26.5833
    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
    $2,607
    $0.00
    $138,668
    $138,668
    -
    $0.00
    $138,668
    $138,668

    Comparable in this City

    • Value Estimation by Request
      555 SF

      5240 Bank St Ste, Unit 15

      RETAIL STORES (PERSONAL SERVICES) • 555 SF
      5240 Bank St Ste, Fort Myers, FL 33907-2110
      View Details
    • Value Estimation by Request
      555 SF

      5240 Bank St Ste, Unit 17

      RETAIL STORES (PERSONAL SERVICES) • 555 SF
      5240 Bank St Ste, Fort Myers, FL 33907-2110
      View Details
    • Value Estimation by Request
      32,277 SF

      4800 Cleveland Ave

      RETAIL STORES (PERSONAL SERVICES) • 32,277 SF
      4800 Cleveland Ave, Fort Myers, FL 33907-1320
      View Details
    • Value Estimation by Request
      7,898 SF

      5120 Cleveland Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,898 SF
      5120 Cleveland Ave, Fort Myers, FL 33907-2142
      View Details
    • Value Estimation by Request
      11,279 SF

      5050 Cleveland Ave

      RETAIL STORES (PERSONAL SERVICES) • 11,279 SF
      5050 Cleveland Ave, Fort Myers, FL 33907-1312
      View Details
    • Value Estimation by Request
      555 SF

      5240 Bank St Ste, Unit 5

      RETAIL STORES (PERSONAL SERVICES) • 555 SF
      5240 Bank St Ste, Fort Myers, FL 33907-2110
      View Details

    Similar Nearby for Sale

    • $3,300,000

      Retail Building on US 41

      Retail building with two entrances on US 41.
      4805 S Cleveland Ave, Fort Myers, FL 33907
      View Details
    • $3,384,000
      3,961 SF

      Fort Myers Retail Investment Opportunity

      Corporate leased retail property with long-term tenant and high visibility.
      1701 Boy Scout Dr, Fort Myers, FL 33907
      View Details
    • $200,000
      Pending

      Fort Myers Retail Property For Sale

      Retail property in Fort Myers, Florida, available for purchase.
      5639 5Th Ave, Fort Myers, FL 33907
      View Details
    • $3,000,000
      3,218 SF

      Retail Property on US 41

      Retail property with frontage on US 41 in Fort Myers.
      12300 S Cleveland Ave, Fort Myers, FL 33907
      View Details
    • $3,300,000
      8,100 SF

      Prime Fort Myers Retail Investment

      High-Visibility Retail Space, Value-Add Opportunity
      4805 Cleveland Ave, Fort Myers, FL 33907
      View Details
    • Contact for pricing
      1.58 Acres

      Fort Myers Restaurant Space Sublease

      Prime restaurant space for sublease in a bustling retail district.
      12148 S Cleveland Ave, Fort Myers, FL 33907
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      29,142 SF

      Fort Myers Retail Space Available

      Retail space available in Fort Myers, Florida.
      12771 Kenwood Ln, Fort Myers, FL 33907
      View Details
    • Contact for pricing
      10,957 SF

      Retail Space on US 41

      Retail opportunities with excellent frontage on Fort Myers' main artery.
      4977-5025 S Cleveland Ave, Fort Myers, FL 33907
      View Details
    • Contact for pricing
      31,800 SF

      Retail Space in Fort Myers

      Retail space available in a busy Fort Myers shopping center.
      2150 Colonial Blvd, Fort Myers, FL 33907
      View Details
    • $20 SF/Yr
      9,600 SF

      Retail Space on US 41

      Retail space with high visibility and ample parking available for rent.
      5020 S Cleveland Ave, Fort Myers, FL 33907
      View Details
    • $25 SF/Yr
      1,406 SF

      Retail Space Near Page Field

      Retail space with high visibility near downtown Fort Myers.
      11150 S Cleveland Ave, Fort Myers, FL 33907
      View Details
    • Contact for pricing
      39,200 SF

      Fort Myers Office/Retail Space

      High-visibility office/retail space with flexible floor plans and excellent exposure.
      4531 Deleon St, Fort Myers, FL 33907
      View Details
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    5248 Bank St
    Fort Myers, FL 33907-2111
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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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