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2232 Altamont Ave 7,900 SF Office Building Fort Myers, FL 33901 $1,700,000 ($215.19/SF) 6.39% Cap Rate



EXECUTIVE SUMMARY
Property Overview
Location: Prime location just minutes from Downtown Fort Myers, offering easy access to a vibrant mix of retailers and restaurants.
Regional Connectivity: Only 43 miles from Naples, providing seamless access to the thriving Southwest Florida region.
Property Type: Office (Free-standing structure for enhanced privacy and operational flexibility).
Building Size: 7,900 SF.
Building Class: C.
Year Built: 1993.
Tenancy: Single tenant – Children’s Network of Southwest Florida, a non-profit agency dedicated to changing lives.
Building Height: 1 story.
Typical Floor Size: 7,900 SF.
Ceiling Height (Slab to Slab): 9’.
Building FAR: 0.19.
Lot Size: 0.94 acres.
Zoning: PO - Professional Office.
Parking: 34 spaces (4.3 spaces per 1,000 SF leased), ensuring ample parking for tenants and visitors.
Financial Highlights
Annual Rent: $108,000.
Tenant Profile: Leased to Children’s Network of Southwest Florida, a stable non-profit organization, ensuring consistent rental income.
Key Selling Points
Strategic Location: Proximity to Downtown Fort Myers offers tenants access to a dynamic business and lifestyle hub.
Regional Appeal: Just 43 miles from Naples, ideal for businesses serving the broader Southwest Florida market.
Free-Standing Building: Offers privacy, flexibility, and exclusivity for the tenant.
Ample Parking: 34 spaces provide convenience for employees and clients.
Stable Income Stream: Long-term lease with a reputable non-profit tenant, Children’s Network of Southwest Florida.
Versatile Zoning: Professional Office (PO) zoning supports a variety of office uses.
Well-Maintained Structure: Built in 1993 with a functional 9’ ceiling height and a spacious 7,900 SF single-story layout.
Investment Opportunity
This 7,900 SF office building in Fort Myers presents an excellent opportunity for investors seeking a stable, income-generating property in a high-demand location. With a reliable non-profit tenant, ample parking, and proximity to both Downtown Fort Myers and the greater Southwest Florida region, this property is well-positioned for long-term value appreciation and consistent returns.
Location: Prime location just minutes from Downtown Fort Myers, offering easy access to a vibrant mix of retailers and restaurants.
Regional Connectivity: Only 43 miles from Naples, providing seamless access to the thriving Southwest Florida region.
Property Type: Office (Free-standing structure for enhanced privacy and operational flexibility).
Building Size: 7,900 SF.
Building Class: C.
Year Built: 1993.
Tenancy: Single tenant – Children’s Network of Southwest Florida, a non-profit agency dedicated to changing lives.
Building Height: 1 story.
Typical Floor Size: 7,900 SF.
Ceiling Height (Slab to Slab): 9’.
Building FAR: 0.19.
Lot Size: 0.94 acres.
Zoning: PO - Professional Office.
Parking: 34 spaces (4.3 spaces per 1,000 SF leased), ensuring ample parking for tenants and visitors.
Financial Highlights
Annual Rent: $108,000.
Tenant Profile: Leased to Children’s Network of Southwest Florida, a stable non-profit organization, ensuring consistent rental income.
Key Selling Points
Strategic Location: Proximity to Downtown Fort Myers offers tenants access to a dynamic business and lifestyle hub.
Regional Appeal: Just 43 miles from Naples, ideal for businesses serving the broader Southwest Florida market.
Free-Standing Building: Offers privacy, flexibility, and exclusivity for the tenant.
Ample Parking: 34 spaces provide convenience for employees and clients.
Stable Income Stream: Long-term lease with a reputable non-profit tenant, Children’s Network of Southwest Florida.
Versatile Zoning: Professional Office (PO) zoning supports a variety of office uses.
Well-Maintained Structure: Built in 1993 with a functional 9’ ceiling height and a spacious 7,900 SF single-story layout.
Investment Opportunity
This 7,900 SF office building in Fort Myers presents an excellent opportunity for investors seeking a stable, income-generating property in a high-demand location. With a reliable non-profit tenant, ample parking, and proximity to both Downtown Fort Myers and the greater Southwest Florida region, this property is well-positioned for long-term value appreciation and consistent returns.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Office
Building Size
7,900 SF
Building Class
C
Year Built
1993
Price
$1,700,000
Price Per SF
$215.19
Cap Rate
6.39%
NOI
$108,630
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,900 SF
Slab To Slab
9’
Building FAR
0.19
Lot Size
0.94 AC
Zoning
PO - Professional Office
Parking
34 Spaces (4.3 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 23-44-24-P2-0160A.0030 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $1,003,672 (2025) |
PROPERTY TAXES
Parcel Number
23-44-24-P2-0160A.0030
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,003,672 (2025)
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Presented by
KONA REALTY
2232 Altamont Ave
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