15080 Cleveland AveNorth Fort Myers, FL 33903

Property Details for 15080 Cleveland Ave

Year built

2008

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.57 AC

Property size (Sq ft)

5,756 SF

Zone code

CC

Property type

Retail properties

Property subtype

Banks

APN

34-43-24-00-00001.3070

APU

34432400000013070

Description

This exceptional 5,838 square foot medical office space is ideally situated on a 1.57-acre lot in North Fort Myers, Lee County, Florida. Currently vacant and available for lease, this single-tenant property presents a unique opportunity for a medical practice or related business. The building's previous use as a bank branch provides a well-established and easily adaptable layout. Its strategic location offers excellent visibility and accessibility, boasting adjacency to a CVS Pharmacy and proximity to major retailers such as Home Depot and a Walmart Supercenter. This high-traffic area ensures significant foot and vehicle traffic, providing optimal exposure for any business. The property's ample lot size offers potential for future expansion or additional development. The building's existing infrastructure, inherited from its previous use as a bank, is likely to minimize initial renovation costs, making this a cost-effective option for a new tenant. The property type is classified as Retail, Office, and Restaurant, offering flexibility in potential uses, subject to local zoning regulations. The building's size and location make it an attractive proposition for a variety of medical practices seeking a prominent and convenient location to serve the North Fort Myers community. Serious inquiries are encouraged to explore this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,244,451

  6.5%

  $2,071,801

  7%

  $1,923,815

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,909,866

  Geo Method

  $2,649,070

• Alternative Use

  Use

  Valuation

  Residential

  $1,747,642

  Hospitality

  $1,600,830

  Educational

  $1,331,872

  Medical

  $1,377,677

  Retail

  $2,071,801

Location Insight

City

North Fort Myers

County

Lee

State

Florida

Latitude

26.6836

Longitude

-81.9009

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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