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Property profile

5661 Division Dr Fort Myers, FL 33905

OFF-MARKET
Warehouses
Property ID
US18-9218927
5,192 SF 0.9 ac lot Built 1989
Individually Owned 26-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1989
Construction STEEL FRAME
Total area 5,192 SF
Lot 0.9 ac (39,091 SF)
Zoning code IL
APN 10-44-25-05-00000.1170
UPID US18-9218927

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Appliance Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$815k
Comparable Approach Comparable
$440k
Blend (final) Blend
$705k

Owner & transaction history

since 2000
1 recorded transaction
2000
$325,000

Zoning & alternative use

IL · Fort Myers, FL
Zoning description

The IL District is established in order to protect light industrial uses, promote and protect future development of the district in light industrial usage.

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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