17100 Ben Hill Griffin PkwyFort Myers, FL 33913

Property Details for 17100 Ben Hill Griffin Pkwy

Year built

2008

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.25 AC

Property size (Sq ft)

5,159 SF

Zone code

CPD

Property type

Retail properties

Property subtype

Banks

APN

11-46-25-00-00001.0020

APU

11462500000010020

Description

This 5,089 square-foot freestanding retail building, formerly a bank, is available for lease. Located in Fort Myers, Florida, on a 1.25-acre lot at 17100 Ben Hill Griffin Pkwy, zip code 33913, the property boasts 220 feet of frontage on a high-traffic road (25,050 vehicles daily). The building features a drive-thru and is situated in the highly desirable Gulf Coast Town Center, a super-regional mall ranked in the 91st percentile in Lee County. This outparcel benefits from proximity to major national retailers including Costco, Target, At Home, and many others. The property's CPD zoning offers flexibility for various retail uses. Its strategic location is further enhanced by its proximity to Florida Gulf Coast University, a public university with over 15,000 students and significant annual growth in applications. The property presents a unique opportunity for businesses seeking high visibility and access to a substantial customer base in a thriving retail environment.

• CAP approach

  CAP return

  Valuation

  6%

  $2,011,661

  6.5%

  $1,856,918

  7%

  $1,724,281

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,608,061

  Geo Method

  $4,535,605

• Alternative Use

  Use

  Valuation

  Residential

  $1,566,380

  Hospitality

  $1,434,796

  Educational

  $1,193,733

  Medical

  $1,234,787

  Retail

  $1,856,918

Location Insight

City

Fort Myers

County

Lee

State

Florida

Latitude

26.4897

Longitude

-81.7843

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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