Fort Myers, FL 33907,4599-4607 Fowler ST
Fort Myers, FL 33907,4599-4607 Fowler ST
Fort Myers, FL 33907,4599-4607 Fowler ST
33
$7,200,000
$7,990,000
9.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

70,043 SqFt

4599-4607 Fowler ST Fort Myers, FL 33907

Est. payment /mo
SOLD DATE : 11/21/2022

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $7,200,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 70,043 sqft

Price per Sqft $102

MLS Listing ID 222015988

Year Built 1973

Annual Tax Amount $58,946

Tax Year 2021

Lot Size 3.000 Acres

Property Sub-Type Retail

Property Description

BACK ON THE MARKET!! 1031 fell through. This 6.72% CAP portfolio consists of six buildings and three warehouses across 3 acres and comprises of over 24,000 SQ FT of AC and over 45,000 SQ FT of non-AC warehousing. Flexible IL zoning allows many variables for this income producing opportunity. A strong demand for industrial producing income properties makes this real estate only sale most attractive. A diverse sector mix of the five current tenants represent below current market lease rates with value and income appreciation for the future. The property has undergone extensive renovation investment including new roof and AC on one building and full maintenance on the others. There are no outstanding repairs or maintenance due since the 2017 renovation investment. There are 124 parking spots, a 3000+ SF workshop, a 5600+ SF showroom and another upper show room consisting of an additional 5700 SF plus a large open mezzanine. All buildings are metal frame construction, except 4607 Fowler which is poured concrete construction including the second floor.

Location

State FL

County Lee

Area Fm07 - Fort Myers Area

Exterior

Fence Yard Fenced

Utilities Available Electricity Available, Phone Available, Trash Collection, Water Available

Waterfront Description None

Building

Story 2

Read Less


Listed by Alliance Realty Group • David Jennings
Bought with Alliance Realty Group

GET MORE INFORMATION

Marc Isaksen

Marc Isaksen

Broker Associate | License ID: BK3432592

+1(239) 269-0728

Name
Phone*
Message