4599-4607 Fowler ST FORT MYERS, FL 33907

About This Property

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.

infoProperty Details

Property Type: Industrial: Flex Space,Industrial: Warehouse,Retail-Commercial: Other
Year Built: 1973
Lot Size: 3.00 acres
Days on Market: 12
Cumulative DOM: 267
List Date: Mar 4, 2022
Sold Date: Nov 21, 2022
Annual Taxes: $59K (2021)

yardExterior & Lot

Waterfront

None

$7,200,000