1621 Tamiami TrlNorth Fort Myers, FL 33903

Property Details for 1621 Tamiami Trl

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.65 AC

Property size (Sq ft)

2,293 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Strip malls

APN

02-44-24-04-00007.0050

APU

2442404000070050

Description

Cannon Pointe, located at 1621 N Tamiami Trl in North Fort Myers, Florida (zip code 33903), offers exceptional retail space for lease. This 7,437 square foot commercial property, built in 1988, is situated in Lee County and presents a fantastic opportunity for businesses seeking a prominent location. Currently, 1,600 square feet of contiguous space is immediately available, with a minimum divisible unit size of 800 square feet. This allows for flexibility to accommodate a variety of business needs, from smaller boutiques to larger retail operations. The property's multiple tenancy structure ensures a vibrant and diverse environment, attracting a wide range of customers. The address, 1621 N Tamiami Trl, provides excellent visibility and accessibility, benefiting from high traffic volume. This is an ideal location for businesses seeking to establish or expand their presence in a thriving North Fort Myers market. The property is categorized as retail commercial space, offering a ready-made environment for various retail ventures. Interested parties are encouraged to inquire about lease terms and availability. The property's location in Lee County, Florida, offers access to a strong consumer base and a robust local economy.

• CAP approach

  CAP return

  Valuation

  6%

  $894,115

  6.5%

  $825,337

  7%

  $766,384

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,159,194

  Geo Method

  $1,055,302

• Alternative Use

  Use

  Valuation

  Residential

  $696,203

  Hospitality

  $637,718

  Educational

  $530,574

  Medical

  $548,821

  Retail

  $825,337

Location Insight

City

North Fort Myers

County

Lee

State

Florida

Latitude

26.6777

Longitude

-81.8837

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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