This exceptional 5,190 square foot commercial property, situated on a 0.68-acre lot at 7573 Raymary Street in Bokeelia, Florida, presents a unique investment opportunity. Currently operating as a convenience store, the building offers significant versatility. The property includes a fully equipped kitchen, ideal for a restaurant or food service operation. Kitchen features include two walk-in coolers, one freezer, stoves, fryers, an oven, and a flat grill. The building is well-maintained and features five individual air conditioning units, ensuring comfortable climate control throughout. Ample parking is available for customers, with a dedicated lot providing space for approximately 20 vehicles. This prime location in Bokeelia offers high visibility and easy access for customers. The property's existing infrastructure and versatile layout make it suitable for a variety of commercial uses, presenting a strong return on investment potential. The asking price is $849,900. This is a rare opportunity to acquire a well-established commercial property in a thriving location. Don't miss out on the chance to explore the possibilities this property offers. Serious inquiries only.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,403,757
6.5%
$1,295,775
7%
$1,203,220
Comparable approach
Method
Valuation
Relative Method
$1,819,930
Geo Method
$1,656,819
Alternative Use
Use
Valuation
Residential
$1,093,035
Hospitality
$1,001,214
Educational
$832,998
Medical
$861,647
Retail
$1,295,775
Location Insight
City
Bokeelia
County
Lee
State
Florida
Latitude
26.681
Longitude
-82.1497
CBSA code
15980
CBSA name
CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
wash tub & drinking fountain. Dr Watson Liquors is leasing the 2 bays closest to Publix the other 3 are vacant and are offered as gray boxes. The sprinkler system is complete but the heads will require adjustment depending on type of ceiling. The A\/C units are on roof but need duct work. Front door for customers
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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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