FORT MYERS - Investment Income - 6.75% CAP Rate

Property Overview

3206 Cargo St., Fort Myers, FL 33916

Freestanding building situated on 2/3 of an acre with a large fenced yard. Tenant in-place is Argos USA, LLC, an 84-year old, multinational company that produces and markets cement and ready-mix concrete and is the second largest producer in the United States. Their annual 2017 sales were $7.9 billion.

Located in the Southside Industrial Park at Veronica Shoemaker/Hanson St. with easy access to I-75 via Martin Luther King Jr. Blvd.

• Building Size: 5,000± SF Total: Office: 350± SF & Warehouse: 4,650± SF
• Land Size: 30,000± SF 
• Five grade-level overhead doors: (2) 12’ x 12’, (2) 14’ x 14’, (1) 12’ x 14’
• Year Built: 1980 
• Zoning: Industrial Heavy (City of Fort Myers) 
• Real Estate Taxes: $3,040 (2017) 
• Parcel ID: 30-44-25-P3-0040A.009A

Property Details

For Sale:Yes
Property Type:Industrial
Subtype:Free-Standing
Status:Sold
Street Address:3206 Cargo Street
City:Fort Myers
Postal Code:33916
Asking Sale Price:$525,000
Cap Rate:7%
Building Size:5000 SF
Year Built:1980
Land Size:30000 Square Feet
Zoning:Heavy Industrial
Lease Type:Other