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    5660 Bayshore Rd North Fort Myers, FL 33917
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    Property profile & analytics

    5660 Bayshore Rd, North Fort Myers, FL 33917

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    • Community centers
    • 27,680 SF
    • 6.02 lot acres
    ALDI Grocery Store Investment Opportunity For Sale
    $9,672,000
    46,320 SF

    ALDI Grocery Store Investment Opportunity

    Long-term lease with corporate guaranty in growing trade area.

    5660 Bayshore Rd, North Fort Myers, FL
    View Listing
    Property ID
    US18-5270496
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 5660 Bayshore Rd

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    6.02 lot acres
    Zone code
    C-1A
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    36-43-24-00-00013.0080
    APU
    36432400000130080

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 22, 2021 — Foxmoor LLC — Deed · related $2.5M · First Bank
    Nov 2, 2005 $4,000,000 Foxmoor LLC Foxmoor Land Trust Grant Deed · related —
    Jan 30, 2002 $1,150,000 J B Baldwin Trustee Foxmoor Center Associates Ltd Grant Deed $1.3M · United Bank Of The Gulf Coast
    Apr 23, 1999 $225,000 Rkm North Fort Myers INC Foxmoor Center Assoc Ltd Grant Deed $4.4M · Amsouth Bank

    Description

    Foxmoor Plaza, located at 5660 Bayshore Road in North Fort Myers, Florida (zip code 33917), presents a compelling investment opportunity. This 50,930 square foot shopping center boasts a highly desirable location at the signalized intersection of Bayshore Road (Highway 78) and New Post Road, providing excellent visibility and accessibility from Interstate 75, leading to Cape Coral. The center features a multi-tenant configuration, with a prominent Winn-Dixie grocery store serving as a shadow anchor, recently renovated and experiencing high customer traffic. This established presence significantly enhances the overall appeal and foot traffic for the remaining retail spaces. The property's strategic location benefits from numerous existing residential developments in the immediate vicinity, and the area is slated for further residential growth in the coming years, promising sustained demand and increased value. The property is classified as a Traditional Office, Strip Center, Plaza, Service, and Retail space, offering diverse leasing options. Lee County is the encompassing county. This property is an ideal investment for those seeking a well-positioned retail center with strong anchor tenancy and significant growth potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,446,000
      Market price range: $4.02M - $10.7M

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


    Location Insight

    • Map
    • Local Demand
    City
    North Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.8647
    Latitude
    26.6872
    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
    $64,789
    $800,939
    $3,650,861
    $4,451,800
    -
    $800,939
    $3,650,861
    $4,451,800
    View Listing
    More about this property
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