1605 Hendry StFort Myers, FL 33901

Property Details for 1605 Hendry St

Year built

1949

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.08 AC

Property size (Sq ft)

2,344 SF

Zone code

U-CTR

Property type

Office properties

Property subtype

Office buildings

APN

13-44-24-P4-01400.0070

APU

134424P4014000070

Description

This exceptional 2,948 square foot, single-tenant office building, located at 1605 Hendry St, Fort Myers, FL 33901, presents a rare opportunity. Situated in the heart of Downtown Fort Myers' Urban Core, this Class B building boasts a prime location, offering convenient access to city and county government offices, as well as the Federal and County Courthouse. Originally built in 1948 and fully renovated in 2007, the property is compliant with current building codes. The building features a 10-foot ceiling height, creating a spacious and open feel. The main floor includes a storefront, ideal for retail or office use, high ceilings, open workspaces, a large conference room, and several well-lit private offices. Additional common areas are located in the rear of the building, providing convenient access to the three assigned parking spaces located in the rear alley. The property is also conveniently adjacent to a public parking garage on Main Street. Flexible lease terms and immediate availability make this an attractive option for businesses seeking a move-in ready space in a vibrant downtown setting. Zoning is Urban Core, within the Fort Myers Cape Coral submarket cluster.

• CAP approach

  CAP return

  Valuation

  6%

  $621,770

  6.5%

  $573,941

  7%

  $532,946

• Comparable approach

  Method

  Valuation

  Relative Method

  $470,229

  Geo Method

  $428,085

• Alternative Use

  Use

  Valuation

  Residential

  $711,687

  Hospitality

  $651,902

  Educational

  $542,375

  Medical

  $561,028

  Retail

  $843,694

Location Insight

City

Fort Myers

County

Lee

State

Florida

Latitude

26.6434

Longitude

-81.8689

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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