Technical
Financial
Distress signals
Property profile

701 Gretchen S Ave Lehigh Acres, FL 33973

OFF-MARKET
Retail space
Property ID
US18-6190631
9,170 SF 1.6 ac lot Built 2014
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2014
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,170 SF
Lot 1.6 ac (69,740 SF)
Zoning code C-2
APN 33-44-26-18-0000A.0000
UPID US18-6190631

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
  • Postal Service Courier Service
  • Grocery & Convenience Store
  • Bank Credit Union

Location

701 Gretchen S Ave Lehigh Acres, FL 33973-2039
Lehigh Acres metro Census 40109 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.85M
Comparable Approach Comparable
$2.73M
Blend (final) Blend
$2.28M

Owner & transaction history

since 2014
3 recorded transactions
2014
$2.2M
2013
$390,000
2009
$180,000

Zoning & alternative use

C-2 · Lehigh Acres, FL
Top alternative use upside
Neighborhood: shopping center $3.1M +47.4%
Medical building $2.6M +23.4%
Office building $2.2M +1.9%

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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