7940 MercantileNorth Fort Myers, FL 33917

  • Retail properties
  • 7,528 SF
Off market
$8,990,700 Estimated

Property Details for 7940 Mercantile

Year built
2004
Construction
STEEL FRAME
Lot size
0.90 AC
Property size (Sq ft)
7,528 SF
Zone code
IL
Property type
Retail properties
Property subtype
Gas stations
APN
20-43-25-01-00000.0400
APU
20432501000000400

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,041,719
    6.5%
    $2,807,740
    7%
    $2,607,188
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,794,899
    Geo Method
    $3,464,593
  • Alternative Use

    Use
    Valuation
    Residential
    $2,368,434
    Hospitality
    $2,169,473
    Educational
    $1,804,976
    Medical
    $1,867,052
    Retail
    $2,807,740
7940 Mercantile, North Fort Myers, Florida

Location Insight

City
North Fort Myers
County
Lee
State
Florida
Latitude
26.7208
Longitude
-81.8283
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
$8,719
$526,699
$267,041
$793,740
-
$526,699
$267,041
$793,740

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