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Property profile & analytics
OFF-MARKET Estimated value $3,890,000
Drug stores

6391 Bayshore Rd North Fort Myers, FL 33917-3130

16,169 SF 1.77 ac lot Built 2008
Entity Owned Free & Clear
Property ID
US18-9335431
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple, Class A, 12,900 square foot Dollar General convenience store located at 6391 Bayshore Rd, North Fort Myers, FL 33917. The property sits on a 1.76-acre lot at a signalized intersection with high traffic counts (34,000 vehicles daily) and enjoys excellent visibility. Nearby businesses include McDonald's, Publix, Circle K, and Walgreens, indicating a strong retail environment. The building, constructed in 2008, is a single-story masonry block and stucco structure in excellent condition, having withstood past hurricanes with minimal damage. The property benefits from an absolute NNN lease with a corporate guarantee from CVS, providing significant financial security. The lease has a remaining term of 9.2 years (expiring 01/31/2034), with a fixed annual rent of $357,717, representing an 8.00% cap rate and a price per square foot of $346.63. The asking price is $4,471,463. The property is zoned for commercial use and offers significant potential for long-term appreciation. This is a rare opportunity to acquire a stable, high-performing retail asset in a prime location with a strong tenant and favorable lease terms. The property is offered free and clear of debt. The seller will retire the existing mortgage upon sale.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2008
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,169 SF
Lot 1.77 ac (77,000 SF)
Zoning code CC
APN 30-43-25-00-00028.0000
UPID US18-9335431
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
$3.27M
Comparable Approach Comparable
$3.72M
Blend (final) Blend
$3.89M
Owner & transaction history
Jzm Capital LLC
Jzm Capital LLC
since 2025
Last sale
$4.3M
7 recorded transactions
2025
Price N/A
2025
$4.3M
2013
$6.0M
2008
$5.3M
2007
$1.2M
2007
$163,000
2005
$987,000
Zoning & alternative use
CC · North Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $5.5M +8.7%
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