Flex Warehouse
2119 Fowler Street Fort Myers, FL 33901
2119 Fowler Street, Fort Myers, FL, 33901
$899,000
For Sale
$899,000
COMMERCIAL - Fort Myers, FL
Property Size4,850 SF
Lot Size0.18 Acres
Price / SF$185.36
Days on Market674
Property Features for 2119 Fowler Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- APN
- 24-44-24-P2-01803.0280
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- ANDERSON HTS BLK 3 PB 3 PG 59 LT 28 + S 1 FT LT 29 DESC IN OR 1110 PG 732
- Tax Annual Amount
- 5077
Building Details
- Year built
- 1949
- Floors in Building
- 1
Listing Agency
Phil Deems Real Estate
(239) 945-4545
2804 Del Prado Boulevard No. 202, Cape Coral, FL
Listed by
Phil Deems · License #252010067
(239) 945-4540
Added: Sep 12, 2024 Checked: Jul 17 at 7:06 pm
MLS# 224074734
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 CBS flex warehouse building totals 4,850 square feet, with approximately 2,500 square feet under air. The enclosed area includes an entryway, lobby, showroom, three offices, a conference room, and a kitchen. The remaining warehouse area features two workstation areas and a storage room.
The building has 9' ceilings and one 10x8 overhead door, providing direct access to the warehouse space. The property is situated on Fowler Street in Fort Myers, Florida, and sits on a 0.178-acre lot.
The building has 9' ceilings and one 10x8 overhead door, providing direct access to the warehouse space. The property is situated on Fowler Street in Fort Myers, Florida, and sits on a 0.178-acre lot.
Key Highlights
- 4,850 sf CBS building with Fowler Street frontage
- Approximately 2,500 sf under air including lobby, showroom, offices, conference room, and kitchen
- Includes 750 sf of air‑conditioned warehouse space
Local Financial Insights For Flex RnD
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 | $87.3k | $18.00 |
| − Vacancy | −$5.7k | −$1.17 |
| EGI | $81.6k | $16.83 |
| − OpEx | −$28.6k | −$5.89 |
| NOI | $53.1k | $10.94 |
4,850 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.19M
$1.04M – $1.39M
NOI $83,347 @ 7.0% cap · market cap 9.27%
Second Best
Flex RnD
$758.0K
$663.2K – $884.3K
NOI $53,057 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,855 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Chill Factor Performance
Marketing & Advertising
CRAZYARTSHIRTS
Department Store
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FAQs
What type of property is this?
Flex space - CBS flex warehouse with office and showroom buildout, 9' ceilings, and one 10x8 overhead door on Fowler Street.
Where is this flex space located?
The property is located at 2119 Fowler Street Fort Myers, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 4,850 sf CBS building with Fowler Street frontage; Approximately 2,500 sf under air including lobby, showroom, offices, conference room, and kitchen; Includes 750 sf of air‑conditioned warehouse space
