This exceptional investment opportunity presents a three-building medical office complex totaling 22,062 square feet situated on a 1.94-acre lot in the heart of Fort Myers, Florida. Conveniently located at 3677 Central Avenue, near the intersection of Winkler Avenue and Carrell Road, this Class B property enjoys high visibility and easy access. The property is zoned CI - Commercial Intensive City of Fort Myers, allowing for a variety of uses. Currently, there is 2,484 square feet of vacant space available for lease, offering immediate income potential. The complex features three single-story buildings, providing a functional and efficient layout. One available suite, at 2,388 square feet, boasts two entrances/exits, a lobby/reception area, nine offices, a conference room, a kitchen/break room, and abundant storage. The property is well-maintained and benefits from a desirable location near major roadways, the Edison Mall, and other established businesses. This is an ideal opportunity for medical professionals or investors seeking a strong presence in a thriving Southwest Florida market. The property's location within the Ft Myers submarket of SWFL makes it an attractive investment. The address is 3677 Central Ave, Fort Myers, FL 33901. The property's APN is 364424p200008.0020.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,212,769
6.5%
$1,119,480
7%
$1,039,517
Comparable approach
Method
Valuation
Relative Method
$917,187
Geo Method
$834,984
Alternative Use
Use
Valuation
Residential
$1,388,154
Hospitality
$1,271,542
Educational
$1,057,908
Medical
$1,094,291
Retail
$1,645,635
Location Insight
City
Fort Myers
County
Lee
State
Florida
Latitude
26.6089
Longitude
-81.8632
CBSA code
15980
CBSA name
CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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