Drive-Up Self-Storage
15415 Pine Ridge Road Fort Myers, FL 33908
15415 Pine Ridge Road, Fort Myers, FL, 33908
$2,616,250
For Sale
$2,616,250
COMMERCIAL - Fort Myers, FL
Property Size19,720 SF
Lot Size1.24 Acres
Price / SF$132.67
Days on Market21
Property Features for 15415 Pine Ridge Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Fencing
- Fenced
- Standard status
- Active
- APN
- 32-45-24-00-00021.0080
- Lot size
- 1.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PARL IN SW 1/4 OF NW 1/4 AS DESC IN OR 1487 PG 2164 LESS R/W INST#2006-310517 + #2016000106369
- Tax Annual Amount
- 19739
Building Details
- Year built
- 1983
- Floors in Building
- 1
Listing Agency
Keller Williams Realty Fort Myers and the Islands
(239) 236-4350
12840 University Dr, Fort Myers, FL
Listed by
Martin Hawley · License #288584010
(239) 355-4040
Added: Jun 30 Checked: Jul 20 at 11:06 am
MLS# 2026028242
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale self-storage facility includes 176 units across three single-story, drive-up concrete-block buildings totaling approximately 19,720 square feet. The property is set up for straightforward customer use, with tenants pulling directly to their assigned unit and no elevators or long interior hallways. Outdoor space supports RV/vehicle parking, along with mailbox rentals. Management and leasing are heavily automated through the Cubby AI platform, with tenants reserving, leasing, paying, and managing via autopay. A part-time on-site manager is compensated with an apartment, and the transaction notes SafeLease tenant protection as a recurring ancillary revenue component.
The site is located on a signalized hard corner at the intersection of Gladiolus Drive (SR 865) and Pine Ridge Road in south Fort Myers, described as an irreplaceable location. The frontage is along a six-lane arterial, with the remarks citing approximately 21,300 vehicles per day at the frontage and about 44,600 per day along Gladiolus Drive, supporting strong visibility and signage exposure.
The offering is presented as a stabilized, turnkey operation with reported in-place rents exceeding street rates and about 109% economic occupancy, along with a SafeLease component and an almost entirely online workflow. The property is noted as split CG/IL zoning supporting storage and expansion, and it sits in Flood Zone AE, with the remarks stating no flooding during Hurricanes Ian, Milton, or Helene. Capital improvements are documented at approximately $80,000, including new roofs (2018), exterior paint (2024), asphalt sealcoat (2025), and a high-efficiency A/C (2026).
The site is located on a signalized hard corner at the intersection of Gladiolus Drive (SR 865) and Pine Ridge Road in south Fort Myers, described as an irreplaceable location. The frontage is along a six-lane arterial, with the remarks citing approximately 21,300 vehicles per day at the frontage and about 44,600 per day along Gladiolus Drive, supporting strong visibility and signage exposure.
The offering is presented as a stabilized, turnkey operation with reported in-place rents exceeding street rates and about 109% economic occupancy, along with a SafeLease component and an almost entirely online workflow. The property is noted as split CG/IL zoning supporting storage and expansion, and it sits in Flood Zone AE, with the remarks stating no flooding during Hurricanes Ian, Milton, or Helene. Capital improvements are documented at approximately $80,000, including new roofs (2018), exterior paint (2024), asphalt sealcoat (2025), and a high-efficiency A/C (2026).
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $319.5k | $16.20 |
| − Vacancy | −$22.4k | −$1.13 |
| EGI | $297.1k | $15.07 |
| − OpEx | −$89.1k | −$4.52 |
| NOI | $208.0k | $10.55 |
19,720 SF · lease $16.20/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$2.97M
$2.60M – $3.47M
NOI $207,971 @ 7.0% cap · market cap 7.95%
Second Best
Warehouse
$2.87M
$2.51M – $3.35M
NOI $201,064 @ 7.0% cap · market cap 7.69%
Theoretical Best
Office A
$6.21M
$5.43M – $7.24M
NOI $434,471 @ 7.0% cap · market cap 16.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Great White Contracting ...
General Contractor
Storage Quarters
Storage Facility
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FAQs
What type of property is this?
Self storage facility - Three drive-up concrete-block buildings with RV/vehicle parking and automated leasing designed for convenient customer access.
Where is this self storage facility located?
The property is located at 15415 Pine Ridge Road Fort Myers, FL.
What is the asking price?
The asking price for this property is $2,616,250.
