1525 Hendry StFort Myers, FL 33901

Property Details for 1525 Hendry St

Year built

1929

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.19 AC

Property size (Sq ft)

7,620 SF

Zone code

U-CTR

Property type

Office properties

Property subtype

Office buildings

APN

13-44-24-P4-01400.0020

APU

134424P4014000020

Description

This exceptional 14,584-square-foot creative office building, located at 1525 Hendry St in Fort Myers, Florida (zip code 33901), presents a rare opportunity. Situated in the vibrant Downtown Historic District, this two-story building seamlessly blends historic charm with modern functionality. Originally constructed in 1929 and extensively renovated in 2013, the property offers a unique and desirable workspace. The building features one single tenant space encompassing the entire 14,584 square feet, currently vacant and ready for immediate occupancy. Amenities include an elevator. The zoning is U-CTR. This single-building property is ideal for a business seeking a prominent location in a thriving, historic district. The building's character is enhanced by its location within the Downton Historic District of Fort Myers. Pods and desks are included within the lease space. This is a fully vacant, single-tenant space, offering flexibility and customization for the new occupant. The property's combination of historical significance and modern upgrades makes it a truly unique investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,021,282

  6.5%

  $1,865,799

  7%

  $1,732,528

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,528,645

  Geo Method

  $1,391,641

• Alternative Use

  Use

  Valuation

  Residential

  $2,313,591

  Hospitality

  $2,119,237

  Educational

  $1,763,180

  Medical

  $1,823,819

  Retail

  $2,742,725

Location Insight

City

Fort Myers

County

Lee

State

Florida

Latitude

26.644

Longitude

-81.8692

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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