1 acre of land Plus 3500 Sq Foot Building 724 Ortiz Ave
3,500 SF Retail Building Fort Myers, FL 33905 $1,395,000 ($399/SF)
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EXECUTIVE SUMMARY
We are pleased to present the opportunity to acquire in Fort Myers, FL. The property consists of a 3,500 square-foot, freestanding building that sits on approximately 1 acre of land. There are 2 years remaining on the lease with 5% rental increases every 1 years. Lease can be terminated at any time upon sale of building. Current rent is $4,250 per month
Can be built for Mulli Housing 3.5 acres of land Plus 3500 Sq Foot Building
Can be built for Mulli Housing 3.5 acres of land Plus 3500 Sq Foot Building
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
3,500 SF
Building Class
C
Year Built/Renovated
1975/2010
Price
$1,395,000
Price Per SF
$399
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
CG - General Commercial
Parking
20 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
250 FT on Ortiz Ave
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 09-44-25-P2-00200.A000 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $319,000 |