12748 Cleveland AveFort Myers, FL 33907

Property Details for 12748 Cleveland Ave

Year built

2015

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.62 AC

Property size (Sq ft)

6,211 SF

Zone code

C-1

Property type

Retail space

APN

14-45-24-00-00004.0100

APU

14452400000040100

Description

This exceptional 3,000-square-foot retail space is ideally situated at 12748 S Cleveland Ave in Fort Myers, Florida, within the College Plaza development. The property boasts a single-tenant occupancy, offering a blank canvas for a wide range of retail businesses. Currently vacant, this space presents a unique opportunity for immediate occupancy and customization. The building is zoned PUD (Planned Unit Development), allowing for flexibility in potential uses, subject to Lee County approvals. Located in the vibrant Fort Myers market, this outparcel benefits from high visibility and convenient access, ensuring strong potential for customer traffic and business growth. The property's 3,000 square feet provide ample space for a variety of retail concepts, from smaller boutiques to larger-scale operations. Its strategic location within College Plaza offers a synergistic environment, potentially attracting customers from neighboring businesses. This is a rare opportunity to secure a prime retail space in a thriving Florida market. The property is ready for immediate lease, allowing for a swift start to your business operations. Detailed zoning information and development guidelines are available upon request. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional location. The property address is 12748 S Cleveland Ave, Fort Myers, FL 33907.

• CAP approach

  CAP return

  Valuation

  6%

  $1,882,790

  6.5%

  $1,737,960

  7%

  $1,613,820

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,295,830

  Geo Method

  $1,179,690

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,386,630

  Mixed-Use / Specialty

  $1,732,790

  Hospitality / Lodging

  $1,272,640

  Office

  $1,723,570

  Institutional / Educational

  $1,801,770

  Residential Income

  $2,108,070

  Multifamily

  $2,522,600

  Automotive / Energy

  $1,544,380

  Parking / Income-Based Land

  $531,927

  Restaurant / Food Service

  $903,438

  Healthcare / Senior Housing

  $1,775,890

Location Insight

City

Fort Myers

County

Lee

State

Florida

Latitude

26.557

Longitude

-81.8723

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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