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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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