14114 Palm Beach Blvd, Fort Myers, FL 33905
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1 Palm Beach Boulevard Land Palm Beach Blvd, Fort Myers, FL Listing ID: Status: Active Property Type: Vacant Land For Sale Possible Uses: Office, Retail Gross Land Area: 18,000 SF Sale Price: $139,900 Unit Price: $7.77 PSF Sale Terms: Other Nearest MSA: Cape Coral-Fort Myers County: Lee Tax ID/APN: Zoning: C-1 Property Visibility: Excellent More Information Online QR Code Scan this image with your mobile device: Property Contacts Pam Wittenauer, CCIM RE/MAX Realty Group [M] Page 1
2 Online Marketing for Palm Beach Blvd Fort Myers, FL For maximum exposure, we promote listings on as many websites as possible, including the wide variety of local, regional, and national sites below. Promoted on these Websites SiteLink: RE/MAX Realty Group - Ft. Myers Our company's website, powered by Catylist. SWFLCA A commercial information exchange (CIE), serving Southwest Florida, powered by Catylist. Catylist.com Catylist's national commercial real estate search engine, drawing thousands of visitors daily. Page 2
3 Market Summary July, 2018 Florida 26.6 million SF Commercial Space For Sale 57,654 Acres Land & Farm For Sale 19.8 million SF Commercial Space For Lease $5.3 billion Total Sale Price Current Statistics for Florida Property Type Listings Asking Lease Rate Asking Sale Price Below List Days on Market Total Available Industrial 750 $6.34 PSF $52.98 PSF 19.3% million SF Office 3,089 $16.47 PSF $ PSF 13.5% million SF Retail-Commercial 1,637 $14.15 PSF $ PSF 12.2% million SF Shopping Center 446 $11.62 PSF $ PSF 3.5% million SF Vacant Land 2,606 $1.68 PSF $1.34 PSF 20.3% billion SF Farm/Ranch 13 - $0.34 PSF million SF Hospitality 17 - $ PSF 4.7% ,957 SF Multi-Family 91 - $ PSF 15.7% ,434 SF Frequency: Statistics are compiled at the beginning of each month. Reliability: The quality of the data will vary based on many factors, including whether or not your CIE verifies the data on an ongoing basis. Statistics based on larger numbers of listings (as indicated by the "Listings" column) are generally more trustworthy. Accuracy: We make all attempts to normalize these stats, but make no guarantees about their accuracy. Outliers (extremely high or low values) are excluded from calculations. Counts: Listing and Transaction counts reflect the number of records with price and size information within valid ranges. The actual counts of all records in the CIE are larger. Weighted Averages: Price averages are weighed using the square footage available. Direct: Lease statistics are direct (exclude subleases). Lease Types: Because of discrepancies in how lease types (NNN, Gross, etc) are reported, we ignore differences in type all types are folded together into the lease rate stats. Below List: Reflects the average percent difference between the original listed price and the final transaction price. Net Absorption: We calculate absorption using a 90 day period. Locations: We only allow filters for locations with at least 100 active listings. Asking vs. Reported: "Asking" prices are based on active listings for the chosen locale, while "Reported" prices are calculated using completed transactions as reported by CIE members. Disclaimer: All statistics on this page have been gathered from user-loaded listings and userreported transactions. We have not verified accuracy and make no guarantees. By using the information provided on this page, the user acknowledges that the data may contain errors or other nonconformities. You and/or your client should diligently and independently verify the specifics of the information that you are using. Statistics courtesy of: Southwest Florida Commercial Alliance Page 3
4 Demographics, Labor/Workforce, and Consumer Expenditures Palm Beach Blvd, Fort Myers, FL Disclaimer: While we believe this information (via GeoLytics) to be reliable, we have not checked its accuracy and make no guarantee as to its validity. By using the information provided on this page, the user acknowledges that the data may contain errors or other nonconformities. You and/or your client should diligently and independently verify the specifics of the information that you are using. Population 2020 Projection 2,970 16,317 32, Estimate 2,556 14,217 28, Census 2,306 12,555 24,823 Growth % 14.77% 15.16% Growth % 13.24% 13.34% Population (Male) 2020 Projection 1,426 8,086 16, Estimate 1,226 7,067 14, Census 1,120 6,224 12,455 Growth % 14.42% 14.55% Growth % 13.54% 12.81% Population (Female) 2020 Projection 1,544 8,231 16, Estimate 1,330 7,150 14, Census 1,186 6,331 12,368 Growth % 15.12% 15.76% Growth % 12.94% 13.87% Page 4
5 Population by Age (2015 Estimate) Age 0 to ,920 Age 5 to ,074 Age 10 to ,905 Age 15 to ,932 Age 20 to ,796 Age 25 to ,568 Age 30 to ,421 Age 35 to ,337 Age 40 to ,417 Age 45 to ,582 Age 50 to ,636 Age 55 to ,660 Age 60 to ,609 Age 65 and over 668 3,387 6,277 Total Population 2,556 14,217 28,134 Median Age Age 0 to 5 Age 5 to 10 Age 10 to 15 Age 15 to 20 Age 20 to 25 Age 25 to 30 Age 30 to 35 Age 35 to 40 Age 40 to 45 Age 45 to 50 Age 50 to 55 Age 55 to 60 Age 60 to 65 Age 65 and over 7% 6% 7% 7% 7% 7% 6% 6% 7% 6% 6% 7% 6% 6% 6% 6% 6% 6% 5% 5% 5% 4% 5% 5% 5% 5% 5% 5% 6% 6% 6% 6% 6% 6% 6% 6% 5% 6% 6% 26% 24% 22% Median Age (Male) 2010 Census Median Age (Female) 2010 Census High School Graduates Age 25+ by Educational Attainment (2015 Estimate) High School Graduate (or GED) 937 4,267 7,061 Some College, No Degree 256 2,020 3,243 Associate or Bachelor's Degree Master's Degree Professional School Degree Doctorate Degree Total High School Graduates Age 25+ 1,427 7,326 12,284 High School Graduate (or GED) Some College, No Degree Associate or Bachelor's Degree Master's Degree Professional School Degree Doctorate Degree 66% 58% 57% 18% 28% 26% 5% 7% 8% 6% 3% 4% 2% 2% 2% 3% 1% 2% Households 2020 Projection 1,225 6,405 12, Estimate 1,057 5,600 10, Census 955 4,962 9,467 Growth % 14.37% 14.71% Growth % 12.86% 12.99% Page 5
6 Population in Households 2010 Census 2,306 12,555 24,823 Average Household Size 2020 Projection Estimate Census Growth % 0% -0.03% Growth % 0.24% 0.38% Households by Household Type and Size and Presence of Children (2015 Estimate) Family Households 670 4,023 7,695 Married-couple family 462 3,098 5, , ,127 3,879 Male Householder: no wife present Female Householder: no husband ,288 present Nonfamily Households 387 1,577 3,002 1 Person households 309 1,181 2, Unrelated people Total Households 1,057 5,600 10,697 Family Households Married-couple family Male Householder: no wife present Female Householder: no husband present Nonfamily Households 1 Person households 2+ Unrelated people 63% 72% 72% 44% 55% 54% 13% 17% 17% 30% 38% 36% 6% 6% 6% 4% 3% 4% 3% 3% 3% 13% 11% 12% 7% 6% 7% 6% 5% 5% 37% 28% 28% 29% 21% 21% 7% 7% 7% Page 6
7 Households by Household Income (2015 Estimate) Less than $25, ,155 2,212 $25,000 to $49, ,239 2,803 $50,000 to $74, ,339 2,329 $75,000 to $99, ,643 $100,000 to $124, $125,000 to $149, $150,000 to $199, $200,000 or more Total Households 1,057 5,600 10,697 Average Household Income $50, $67, $63, Median Household Income $41, $59, $55, Less than $25,000 $25,000 to $49,999 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $124,999 $125,000 to $149,999 $150,000 to $199,999 $200,000 or more 35% 21% 21% 19% 22% 26% 23% 24% 22% 16% 15% 15% 3% 8% 7% 0% 3% 3% 2% 4% 3% 2% 4% 3% Households by Household Income (2020 Projection) Less than $25, ,336 2,576 $25,000 to $49, ,416 3,207 $50,000 to $74, ,530 2,648 $75,000 to $99, ,893 $100,000 to $124, $125,000 to $149, $150,000 to $199, $200,000 or more Total Households 1,225 6,405 12,270 Average Household Income $50, $67, $64, Median Household Income $43, $62, $57, Less than $25,000 $25,000 to $49,999 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $124,999 $125,000 to $149,999 $150,000 to $199,999 $200,000 or more 35% 21% 21% 19% 22% 26% 24% 24% 22% 15% 15% 15% 3% 8% 7% 0% 2% 3% 1% 4% 3% 1% 4% 3% Per Capita Income 2015 Estimate $20, $26, $24, Unemployment Rate 2015 Estimate 7.59% 11.75% 17.28% Page 7
8 Population Age 16+ By Employment Status (2015 Estimate) Labor Force 1,306 8,436 15,216 Civilian, Employed 1,222 7,624 13,198 Civilian, Unemployed ,018 Not in Labor Force 929 4,334 9,329 Total Population Age 16+ 2,235 12,770 24,545 Labor Force Civilian, Employed Civilian, Unemployed Not in Labor Force 58% 66% 62% 55% 60% 54% 4% 6% 8% 42% 34% 38% Employed Civilian Population Age 16+ by Industry (2015 Estimate) Agriculture, forestry, fishing and hunting, mining and 198 1,227 2,417 construction Manufacturing Wholesale & retail trade 305 1,134 2,085 Transportation and warehousing, and utilities Information Finance, insurance, real estate and rental and leasing Professional, scientific, and ,333 technical services Educational, health and social services 198 1,741 2,910 Arts, entertainment, recreation, accommodation and food services Other services (except public ,560 administration) Public Administration ,010 Total Employed Civilian Population Age 16+ 1,242 8,018 14,142 Agriculture, forestry, fishing and hunting, mining and construction Manufacturing Wholesale & retail trade Transportation and warehousing, and utilities Information Finance, insurance, real estate and rental and leasing Professional, scientific, and technical services Educational, health and social services Arts, entertainment, recreation, accommodation and food services Other services (except public administration) Public Administration 16% 15% 17% 4% 2% 3% 25% 14% 15% 5% 4% 4% 4% 4% 3% 8% 4% 3% 9% 9% 9% 16% 22% 21% 9% 7% 6% 3% 11% 11% 2% 7% 7% Housing Units by Tenure (2015 Estimate) Vacant Housing Units 277 1,903 3,998 Occupied Housing Units 1,057 5,600 10,697 Owner- Occupied 668 4,206 8,053 Renter- Occupied 389 1,394 2,644 Total Housing Units 1,334 7,503 14,695 Vacant Housing Units Occupied Housing Units Owner- Occupied Renter- Occupied 21% 25% 27% 79% 75% 73% 50% 56% 55% 29% 19% 18% Page 8
9 Pam Wittenauer, CCIM RE/MAX Realty Group Professional Profile Agent/Broker Working in Commercial Real Estate Since 2009 Pam Wittenauer purchased an investment property with a Self Directed Real Estate IRA, and teamed up with a general contractor to do the rehabbing, worked with a lenders client and sold the property at a profit. From then on she discovered her passion for real estate. She now owns commercial property in Florida and is a member of the National Association of Realtors in Florida. She is working full time pursuing her Certified Commercial Investment Member (CCIM) designation for commercial real estate and serving as a reputable buyer s agent in residential sales. Pam is actively involved in Commercial property leasing and sales in Lee and Collier County with an emphasis in retail and industrial segments. She has sold short sale and foreclosure, as well as, new construction properties in both commercial and residential. She has been involved in commercial transactions that include land, industrial, office, and retail buildings. Locally she has served as treasurer of the Commercial Investment Professionals (CIP) group in 2014 and elected to the Board for She is a Member of the Real Estate Investment Association, CCIM and Real Estate Investment Society (REIS). Prior to Pam s real estate career she studied Business with an emphasis in retail marketing and earned her Bachelor of Science Degree at Indiana State University. She held management positions with National Chains such as The Kroger Company, Alamo Rent A Car, Thrifty Car Rental and Avis/Budget Car Rental. Previously involved in Yield, Pricing and Revenue Management, as well as, logistics for fleet transportation. Originally from Indiana and she spent 15 plus in the Florida area where she lived in Mobile/Daphne, Alabama and also Orlando, Fort Lauderdale, Miami area and now reside in Fort Myers Florida. Expertise Specializations: Buyer Representation Leasing Municipal Properties Site Selection Property Types: Industrial Land Retail Market Areas Florida: Fort Myers-Cape Coral Florida: Bonita Springs Florida: Collier County Florida: Lee County Florida: Naples RE/MAX Realty Group 7910 Summerlin Lakes Drive Fort Myers, FL [Mobile] pwittenauer@remax.net Credentials Designations & Certifications: CCIM SRA Professional Organizations: CCIM Professional Licenses: Real Estate Brokerage Real Estate Licenses: Page 9
10 CREW ICSC Education Bachelor, Bachelor Science Business Indiana State University 1983 Completed Transactions Completed Lease Industrial in Fort Myers, FL 1681 Benchmark Ave Property Subtypes: Flex Space, Industrial-Business Park, Light Industrial Completed: 2/9/2018 Size: 1,500 SF Price: $8.50 PSF (Annual) Completed Lease Industrial in Fort Myers, FL Benchmark Avenue, Unit: 115 Property Subtypes: Flex Space, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution Completed: 2/7/2018 Size: 4,500-9,000 SF Price: $7.50 PSF (Annual) Completed Lease Industrial in Fort Myers, FL Metro Pkwy Property Subtypes: Light Industrial Completed: 2/1/2018 Size: 4,320 SF Price: $8.90 PSF (Annual) Page 10
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