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Property profile & analytics
FOR LEASE
Strip malls
5781 Bayshore Rd North Fort Myers, FL 33917
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-8204410
For Lease
1 / 12
$14 SF/Yr
5781 Bayshore Rd, North Fort Myers, FL 33917
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Property summary
AI-generated overview
Shoreline Shoppes, located at 5781 Bayshore Rd in North Fort Myers, Florida (zip code 33917), presents a unique investment opportunity in a thriving Lee County market. This multi-tenant property offers a blend of retail and office space, totaling 26,492 square feet. Currently, there is 1,125 square feet of vacant space available, including one immediately available suite of 1,075 square feet, perfect for a variety of uses. The building's zoning is classified as CC. The property is ideally suited for medical offices and traditional office tenants, given its existing subtype designations. The building does not have elevators. The property's prime location in North Fort Myers offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in this growing community. The available space presents a chance to establish or expand a business within a well-maintained building. Serious inquiries are encouraged to explore this promising commercial real estate opportunity. Further details regarding lease terms and conditions are available upon request. This property is situated at latitude 26.690687 and longitude -81.862493.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,744 SF
Lot
2.51 ac (109,336 SF)
Zoning code
CC
APN
36-43-24-00-00007.0000
UPID
US18-8204410
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
by Request
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$712k
Blend (final)
Blend
$1.04M
Owner & transaction history
SURFSEDGE JETTY LLC
SURFSEDGE JETTY LLC
Zoning & alternative use
CC · North Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+51.8%
Office building
$1.3M
+15.8%
Medical building
$1.3M
+12.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Fort Myers submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,255,000
6.5%
$1,160,000
7%
$1,075,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,120,000
Current use
COMMERCIAL (GENERAL)
$1,705,000
Change: +52% · Conversion: Easy
OFFICE BUILDING
$1,300,000
Change: +16% · Conversion: Moderate
MEDICAL BUILDING
$1,260,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$1,235,000
Change: +10% · Conversion: Easy
WAREHOUSE, STORAGE
$900,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$219 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$37,024
Tax year 2023
Assessed value
$2,819,928
Assessed 2023
Previous assessed
$2,819,928
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$367,018
Assessed improvement
$2,452,910
Land market value
$367,018
Improvement market value
$2,452,910
Total market value
$2,819,928
Applied tax rate
39.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
4,744 SF
Lot
2.51 ac (109,336 SF)
Zoning code
CC
APN
36-43-24-00-00007.0000
UPID
US18-8204410
Jurisdiction
LEE
Zoning & alternative use
CC · North Fort Myers, FL
Zoning CC · permitted uses
CC · North Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Fort Myers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$900,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
2.51 ac
Current owner
From public records · entity-resolved
SURFSEDGE JETTY LLC
Entity
Free & Clear · 0 yrs held
Mailing address
12557 NEW BRITTANY BLVD STE #3, FORT MYERS, FL 33907-3651
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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