Specialty Real Estate
4760 South Cleveland Avenue Fort Myers, FL 33907
Details & Description
Price: $8,900,000
    Operationally, the hotel has achieved a gross revenue of $2,052,780 in 2018, $2,064,332 in 2019, and maintained a large portion of its revenue in 2020 at $1,835,519.Included in the sale of the 4.94-acre property, the new investor will have the opportunity to build (county approved) up to an additional 93 units in a prime location.Consistently ranked one of the nation's job growth leaders, Lee County is graced by 50 miles of white-sand beach, mild weather, palm-lined boulevards, and an amazing choice of shopping, dining
    Listing Agents
    Ahmed Kabani

    O: 786-522-7023
    ahmed.kabani@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    4760 South Cleveland Avenue

    Fort Myers, FL 33907

    Travelodge Fort Myers

    Listing ID: 275160
    • 4760 South Cleveland Avenue Fort Myers, FL 33907 | for Sale | Photo 1
    • 4760 South Cleveland Avenue Fort Myers, FL 33907 | for Sale | Photo 2
    • 4760 South Cleveland Avenue Fort Myers, FL 33907 | for Sale | Photo 3
    4760 South Cleveland Avenue | for Sale | Thumbnail 1
    4760 South Cleveland Avenue | for Sale | Thumbnail 2
    4760 South Cleveland Avenue | for Sale | Thumbnail 3
    Building Size: 41,382 SF
    Lot Size: 4.940 AC
    Land Size: 215,186 SF
    Building $/SF: $215.07
    Land $/SF: $41.36
    Price
    $8,900,000
    Description

    Operationally, the hotel has achieved a gross revenue of $2,052,780 in 2018, $2,064,332 in 2019, and maintained a large portion of its revenue in 2020 at $1,835,519.

    Included in the sale of the 4.94-acre property, the new investor will have the opportunity to build (county approved) up to an additional 93 units in a prime location.

    Consistently ranked one of the nation's job growth leaders, Lee County is graced by 50 miles of white-sand beach, mild weather, palm-lined boulevards, and an amazing choice of shopping, dining

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Cape Coral History of Specialty Real Estate for Sale

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    Fort Myers Area Market Trends

    Listing Demographics for 4760 South Cleveland Avenue Fort Myers, FL 33907

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population9,26579,975204,003
    Population Median Age384348
    Population by Age0-9 Yrs956 (10%)8631 (10%)16784 (8%)
    10-19 Yrs1165 (12%)8409 (10%)16707 (8%)
    20-29 Yrs1801 (19%)9712 (12%)20030 (9%)
    30-39 Yrs1185 (12%)10210 (12%)22536 (11%)
    40-49 Yrs1110 (11%)9572 (11%)19922 (9%)
    50-59 Yrs1109 (11%)10369 (12%)26432 (12%)
    60-69 Yrs853 (9%)9508 (11%)31655 (15%)
    70+ Yrs1086 (11%)13564 (16%)49936 (24%)
    Median HH Income$40,900$50,958$51,948
    Total Household Income< 24K974 (25%)7531 (23%)20245 (22%)
    25-49K1389 (35%)8154 (25%)22644 (25%)
    50-74K707 (18%)5415 (16%)16089 (18%)
    75-99K359 (9%)3592 (11%)10494 (11%)
    100-199K365 (9%)5044 (15%)13464 (15%)
    200K+76 (1%)2121 (6%)5775 (6%)
    Highest Education LevelNo Diploma425698216794
    Diploma or GED18381661845857
    Some College15051083931785
    Assoc. Degree525571115772
    Bachelors Degree16911217831634
    Higher Degree599661819906
    Total Housing Units4,72841,707124,670
    --Owner-Occupied1,21817,66253,048
    --Renter-Occupied2,65314,19535,662
    Owner-Occupied Values< 100K34621716456
    100-199K360482614334
    200-299K319397612827
    300-399K5426208959
    400-499K7613103545
    500K+6427596927
    Total Working Age Population7,61465,850176,504
    In Work Force5,13439,21688,108
    Not In Work Force2,48026,63488,397
    Workforce Employed4,97637,50784,100
    Workforce Unemployed1581,5923,715
    Civlian Workforce5,13439,09987,814
    Military Workforce0116293
    Total Households3,87131,85688,710
    Family Households1,76318,28047,265
    Non-Family Households2,10913,57641,445
    Married Couple99613,02236,314
    Other Family7675,25810,951
    Married w/Child3564,0887,772
    Single Male w/Child2369881,560
    Single Female w/Child2451,9153,953

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Lee County440,888+40618,754+21747,388+19892,108

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 4760 South Cleveland Avenue in Fort Myers?
    The asking price for 4760 South Cleveland Avenue is $8,900,000
    What is the building size of this Specialty property in Fort Myers, FL?
    The size of the building/unit at 4760 South Cleveland Avenue in Fort Myers is 41,382 square feet
    How much land does the Fort Myers, FL property at 4760 South Cleveland Avenue include?
    4760 South Cleveland Avenue in Fort Myers includes 4.940 acres of land
    What kind of Specialty is the propery at 4760 South Cleveland Avenue?
    The property at 4760 South Cleveland Avenue Fort Myers, FL 33907 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 4760 South Cleveland Avenue in Fort Myers?
    The population within 1 mile of 4760 South Cleveland Avenue Fort Myers, FL 33907 is 9,265 people.
    Who do I contact for questions about 4760 South Cleveland Avenue?
    You should contact the listing agent, Ahmed Kabani, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Southwest Florida International Airport (RSW) 8
    Sarasota Bradenton International Airport (SRQ) 70
    Tampa International Airport (TPA) 104