12730 New Brittany BlvdFort Myers, FL 33907

Property Details for 12730 New Brittany Blvd

Year built

1987

Construction

CONCRETE

Lot size

4.23 AC

Property size (Sq ft)

10,987 SF

Zone code

CS CS

Property type

Office properties

Property subtype

Office buildings

APN

14-45-24-00-00005.014A

APU

1445240000005014A

Description

The Commonwealth Building offers exceptional executive office space in South Fort Myers' vibrant business district. This six-story, Class A building boasts 66,048 square feet of total space, with 10,530 square feet currently available for lease. Multiple suites are available, ranging from a minimum of 1,256 square feet to a maximum contiguous space of 7,500 square feet. The building features 15 total suites, providing flexibility for businesses of various sizes. Built in 1987 and situated on 4.23 acres of land, the Commonwealth Building provides ample parking with 229 on-site spaces plus additional adjacent parking. Enjoy convenient access with two elevators and 24-hour secured entry via a card system. Tenants benefit from a full-service rate that includes electricity and weekday janitorial service. High-speed internet connectivity is readily available through Comcast's fiber optic network (CAT-5 wired). The building's prime location on a major traffic corridor ensures high visibility and accessibility. The property is zoned CS-1 and its Lee County location offers easy access to amenities and transportation. This is a rare opportunity to secure premium office space in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,914,413

  6.5%

  $2,690,228

  7%

  $2,498,068

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,204,098

  Geo Method

  $2,006,556

• Alternative Use

  Use

  Valuation

  Residential

  $3,335,882

  Hospitality

  $3,055,650

  Educational

  $2,542,265

  Medical

  $2,629,698

  Retail

  $3,954,634

Location Insight

City

Fort Myers

County

Lee

State

Florida

Latitude

26.5576

Longitude

-81.8817

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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