Ortiz Commercial II
Retail-Commercial
for Sale
| Catylist Listing ID: |
30338978 |
| Property Subtypes: |
Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Street Retail, Other
|
| Building Size (RSF): |
6,765 SF
|
| Gross Land Area: |
0.98 Acres
|
| Sale Price: |
$879,450 |
| Unit Price: |
$130 PSF |
| Ceiling: |
12 ft. |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Usable Size (USF): |
6,765 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/11/2023 |
Overview / Comments
|
5 units 6,765 square foot with 5 store fronts (units - 1,353 sf each) built in 2008. Currently the building is in grey shell condition. At closing there will be deed restriction preventing the uses of stores that sell meats and produce and restaurants that serve lartin cuisines.
|
Additional Details
| Nearest MSA: |
Cape Coral-Fort Myers |
| County: |
Lee |
| Taxing Authority: |
City of Fort Myers |
| Tax ID/APN: |
09-4425-P3-0240A.0000 |
| Zoning: |
PUD |
| Property Located Between: |
Lucket Rd and Tice St. |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Ortiz Ave. |
| Feet of Frontage: |
195 |
| Highway Access: |
Traffic counts along Ortiz Ave north of MLK is 20,600 and north of Tice is 7,000 trips. |
| Area Description: |
Heavy traffic (vehicle and foot) |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
1,353 SF |
| Property Condition: |
Excellent |
| Year Built: |
2009 |
| Year Renovated: |
2018 |
| Roof Type: |
Flat |
| Construction/Siding: |
Concrete |
| Exterior Description: |
Fire sprinkler riser, fresh paint (2017) |
| Total Parking Spaces: |
47 |
| Parking Type: |
Surface |
| Parking Description: |
Front of the building |
| Sprinklers: |
Wet |
| Air Conditioning: |
Engineered System |
| Interior Description: |
grey shell |
| Zoning Description: |
PUD |
| Part of Planned Development?: |
Yes |
| Lot Frontage: |
195 |
| Lot Depth: |
220 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,183 |
38,863 |
109,233 |
| Median Age: |
30.58 |
37.21 |
40.13 |
| Households: |
2,438 |
14,211 |
43,406 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Southwest Florida Commercial Alliance nor
Moody's assume any liability for errors or omissions.
|
