2310 1St StFort Myers, FL 33901

Property Details for 2310 1St St

Year built

1915

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.25 AC

Property size (Sq ft)

4,123 SF

Zone code

U-CTR

Property type

Office properties

Property subtype

Office buildings

APN

13-44-24-P4-00408.001A

APU

134424P400408001A

Description

This exceptional 1,710 square foot Class A office suite is available for lease in the heart of Downtown Fort Myers, Florida. Located within the historic Franklin Arms building at 2310 First Street, zip code 33901, this single-tenant space offers five private offices, a sizable conference room, a convenient storage closet, a kitchenette, and a private bathroom. The building itself is a three-story structure, totaling 41,426 square feet, situated on 0.27 acres of land. Constructed in 1990 and renovated in 2020, the building is zoned U-CTR. The suite's prime location in the vibrant downtown area provides easy access to a wide array of retail establishments, restaurants, and a substantial professional workforce, making it an ideal space for businesses seeking a thriving and walkable environment. The property's Lee County location (APN: 134424P400408001A) offers a prestigious address. The lease rate is $30.00 per square foot, modified gross. This is a fantastic opportunity for a professional office user seeking a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,093,668

  6.5%

  $1,009,539

  7%

  $937,429

• Comparable approach

  Method

  Valuation

  Relative Method

  $827,113

  Geo Method

  $752,984

• Alternative Use

  Use

  Valuation

  Residential

  $1,251,829

  Hospitality

  $1,146,668

  Educational

  $954,015

  Medical

  $986,825

  Retail

  $1,484,023

Location Insight

City

Fort Myers

County

Lee

State

Florida

Latitude

26.645

Longitude

-81.8681

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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