10520 Colonial BlvdFort Myers, FL 33913

  • Retail properties
  • 6,066 SF
For Lease

Property Details for 10520 Colonial Blvd

Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.06 AC
Property size (Sq ft)
6,066 SF
Zone code
SDA
Property type
Retail properties
Property subtype
Gas stations
APN
35-44-25-P1-40000.0010
APU
354425P1400000010

Description

This exceptional retail opportunity is located within the thriving Shoppes at Pelican Preserve in Fort Myers, Florida. The property, built in 2007, offers a total of 69,475 square feet of commercial space, with 1,200 square feet currently available for lease. This space is situated in a high-traffic location within a well-established shopping center, alongside prominent tenants such as Winn-Dixie, Great Expressions Dental Center, Pizza Hut, and H&R Block. The property's prime location in Lee County, at 10520 Colonial Boulevard, Fort Myers, FL 33913, ensures excellent visibility and accessibility for businesses. The property type is retail, with multiple tenancies. This presents a unique opportunity for businesses seeking a well-established location with strong existing tenant synergy. Interested parties should note that ground lease or build-to-suit options may be available. The property's convenient location and established tenant base make this an ideal investment for businesses looking to expand or establish a presence in the Fort Myers market. Contact us to learn more about this exciting opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,365,330
    6.5%
    $2,183,382
    7%
    $2,027,426
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,066,582
    Geo Method
    $2,791,740
  • Alternative Use

    Use
    Valuation
    Residential
    $1,841,764
    Hospitality
    $1,687,046
    Educational
    $1,403,602
    Medical
    $1,451,874
    Retail
    $2,183,382
10520 Colonial Blvd, Fort Myers, Florida

Location Insight

City
Fort Myers
County
Lee
State
Florida
Latitude
26.6123
Longitude
-81.7852
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
$18,235
$626,377
$356,720
$983,097
-
$626,377
$356,720
$983,097

FAQs

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