1939 Park MdwsFort Myers, FL 33907

  • Strip malls
  • 10,080 SF
Off market
$2,990,245 Estimated

Property Details for 1939 Park Mdws

Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.18 AC
Property size (Sq ft)
10,080 SF
Zone code
CG
Property type
Strip malls
Property subtype
Neighborhood centers
APN
14-45-24-00-00003.002B
APU
1445240000003002B

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,055,620
    6.5%
    $2,820,580
    7%
    $2,619,110
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,103,030
    Geo Method
    $1,914,550
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,496,260
    Mixed-Use / Specialty
    $2,812,190
    Hospitality / Lodging
    $2,065,400
    Office
    $2,797,230
    Institutional / Educational
    $2,924,150
    Residential Income
    $3,421,250
    Multifamily
    $4,093,990
    Automotive / Energy
    $2,506,410
    Parking / Income-Based Land
    $863,279
    Restaurant / Food Service
    $1,466,210
    Healthcare / Senior Housing
    $2,882,140

Location Insight

City
Fort Myers
County
Lee
State
Florida
Latitude
26.5677
Longitude
-81.8734
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
$29,014
$1,666,559
$1,323,686
$2,990,245
-
$1,666,559
$1,323,686
$2,990,245

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