9705 Commerce Center CtFort Myers, FL 33908

  • Office properties
  • 5,989 SF
For Sale
$1,650,000 View listing

Property Details for 9705 Commerce Center Ct

Year built
2013
Lot size
0.14 AC
Property size (Sq ft)
5,989 SF
Property type
Office properties
Property subtype
Office buildings
APN
04-46-24-21-00000.00A0
APU
044624210000000A0

Description

This exceptional 6,000-square-foot Class A freestanding commercial building in Fort Myers, Florida, presents a unique investment opportunity. Located on a 0.54-acre lot at 9705 Commerce Center Ct, 33908, this single-story, 2013-built property is situated in an established office park near HealthPark Medical Center, a prime location within a rapidly growing commercial corridor. The building offers high visibility on Commerce Center Ct and Bass Road, with convenient access to all of Fort Myers via Summerlin Road. Half of the space is already built out as a medical office, providing immediate income potential, while the remaining half is a grey shell, allowing for flexible customization to suit various business needs. The property is currently vacant and zoned CPD, offering versatility for a wide range of professional uses. The asking price is $1,650,000, translating to $275 per square foot. This represents a compelling investment in a thriving market with strong potential for future appreciation. The property's strategic location and adaptable space make it an ideal choice for medical practices, creative agencies, or traditional office businesses seeking a prominent presence in a high-demand area.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,588,643
    6.5%
    $1,466,440
    7%
    $1,361,694
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,201,451
    Geo Method
    $1,093,771
  • Alternative Use

    Use
    Valuation
    Residential
    $1,818,385
    Hospitality
    $1,665,631
    Educational
    $1,385,786
    Medical
    $1,433,445
    Retail
    $2,155,666
9705 Commerce Center Ct, Fort Myers, Florida

Location Insight

City
Fort Myers
County
Lee
State
Florida
Latitude
26.4997
Longitude
-81.9115
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
$13,064
-
$1,204,085
$1,204,085
-
-
$1,204,085
$1,204,085

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