Originally designed for medical office use, this 19,313-square-foot, seven-unit property remains well suited for medical occupancy. Its flexible configuration, CG zoning, and abundant parking capacity, also provide strong potential for repurposing as a Commercial School, Customer Care Center, or other high-density commercial use. The property offers approximately six parking spaces per 1,000 square feet and includes a new roof and recently resurfaced parking lot.
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As supported by the Proforma Income Analysis provided, the property presents a compelling value-add investment opportunity. An acquisition price of approximately $3.0 million, combined with an estimated $500,000 in interior renovations, could create a stabilized office asset with an indicated value exceeding $5.0 million within 12 months under new ownership.
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LOCATION HIGHLIGHTS: The area surrounding the property is set to further elevate its status as a healthcare destination with the upcoming Lee Health Fort Myers campus located near Colonial Blvd & Winkler Ave. This landmark project represents Lee Health's flagship campus for central Lee County, making it one of the largest healthcare investments in Southwest Florida. Nestled at the intersection of Colonial Boulevard and Jones-Walker Boulevard, just west of I-75, this 53-acre site will house the state-of-the-art facility. Anticipated to open in phases starting in early 2028, the campus promises to enhance the healthcare landscape in the region and present a significant opportunity for medical office investors to align with this expansion. The site's location is also well positioned for access from the main commercial corridors of Fowler St, Winkler Ave, Cleveland Ave (US 41), and Colonial Blvd, providing a central position with short drive times East for I75 access, West to Cape Coral, North to North Ft Meyers, and South to South Fort Myers, the beach communities of Fort Myers Beach and Sanibel/Captiva, Estero, Bonita Springs, and Naples.