3557 Veronica S Shoemaker BlvdFort Myers, FL 33916

  • Warehouses
  • 3,300 SF
For Sale
$995,000 View listing

Property Details for 3557 Veronica S Shoemaker Blvd

Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.84 AC
Property size (Sq ft)
3,300 SF
Zone code
IL
Property type
Warehouses
Property subtype
Self storage facilities
APN
30-44-25-P2-00002.005D
APU
304425P200002005D

Description

This exceptional 12,000 square foot self-storage facility, located at 3557 Veronica S Shoemaker Blvd in Fort Myers, Florida (zip code 33916), presents a compelling investment opportunity. The property, a Class C mini-warehouse, boasts 75 units and currently enjoys a remarkable 95% occupancy rate, providing a stable and consistent income stream. Built in 1974, this fee simple ownership offers a rare chance to acquire a well-established business. The facility's prime location near an industrial area caters to a diverse clientele, including contractors, subcontractors, and private individuals, ensuring a robust and reliable tenant base. The seller, who has owned the property for over three decades, is motivated to sell due to retirement, making this a non-distressed sale. The potential for increased revenue exists through strategic rate adjustments on larger units currently leased to contractors and subcontractors. This is a turnkey operation with significant upside potential for a savvy investor seeking a profitable and established self-storage business in a thriving Florida market. The total square footage is 12,200 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,001,949
    Hospitality
    $917,780
    Educational
    $763,582
    Medical
    $789,843
    Retail
    $1,187,794

Location Insight

City
Fort Myers
County
Lee
State
Florida
Latitude
26.6255
Longitude
-81.8403
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
$6,272
$110,958
$326,714
$437,672
-
$110,958
$326,714
$437,672

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