Waterfront Industrial Warehouse with
For Sale
$3,495,000
3131 E Riverside Drive, Fort Myers, FL 33916
COMMERCIAL - Fort Myers, FL
Property Size7,500 SF
Lot Size1.06 Acres
Price / SF$466
Days on Market273
Property Features for 3131 E Riverside Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Subdivision
FE01 - East Fort Myers Area
Standard status
Active
Lot size
1.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
26074
Utilities
Water front features
River Front
Water front
1
Amenities
river access
Building Details
Year built
1935
Floors in Building
1
Listing Agency:
RE/MAX Realty Group · RE/MAX International
(239) 489-0444
Listed By:
Michael Frye · License #258000168
(239) 281-0441
Added: Nov 1, 2025
Changed: Jul 23
Last Checked: Jul 31 at 9:06AM
MLS# 2025023319
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.
Waterfront industrial warehouse with elevated construction and multiple loading dock access, located along the Caloosahatchee River. The facility includes high-power electrical service, an open warehouse area with 16-foot ceilings, and an adjacent office cluster that supports flexible operating layouts. The configuration can combine warehouse, workshop, and office space, with the option for additional conditioned office build-out.
The property features river access at the rear of the building and ample free on-site parking for employees and visitors. It is located less than one mile from Downtown Fort Myers, with easy access to US-41 and I-75.
The warehouse floor plan reflects loading docks along the side and a 7,500 SF open warehouse area paired with office space next to it, providing a versatile footprint for distribution, logistics, and light industrial or workshop-oriented uses.
The property features river access at the rear of the building and ample free on-site parking for employees and visitors. It is located less than one mile from Downtown Fort Myers, with easy access to US-41 and I-75.
The warehouse floor plan reflects loading docks along the side and a 7,500 SF open warehouse area paired with office space next to it, providing a versatile footprint for distribution, logistics, and light industrial or workshop-oriented uses.
Key Highlights
- Waterfront industrial warehouse space with direct access to the Caloosahatchee River.
- Ideal for live/work opportunity with flexible configurations for warehouse, workshop, and office space.
- Located less than 1 mile from Downtown Fort Myers with easy access to US‑41 and I‑75.
Financial Insights For Office B
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 | $187.2k | $24.96 |
| − Vacancy | −$15.4k | −$2.05 |
| EGI | $171.8k | $22.91 |
| − OpEx | −$43.0k | −$5.73 |
| NOI | $128.9k | $17.18 |
7,500 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.84M
$1.61M – $2.15M
NOI $128,887 @ 7.0% cap · market cap 3.69%
Second Best
Flex RnD
$1.17M
$1.03M – $1.37M
NOI $82,046 @ 7.0% cap · market cap 2.35%
Theoretical Best
Office A
$2.36M
$2.07M – $2.75M
NOI $165,240 @ 7.0% cap · market cap 4.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33916, FL
25,940
Population
12,480
Households
2.1
Avg Household Size
34
Median Age
21%
College-Educated
81%
High-School Grad
10.3 sq mi
ZIP Area
2,518
Density / Sq Mi
$49,353
Median Household Income
$32,770
Median Earnings
$1,363
Median Rent
$242,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Elevated waterfront warehouse on the Caloosahatchee River with multiple loading docks, 16-foot ceilings, and office space.
Where is this flex space located?
The property is located at 3131 E Riverside Drive Fort Myers, FL.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: Waterfront industrial warehouse space with direct access to the Caloosahatchee River.; Ideal for live/work opportunity with flexible configurations for warehouse, workshop, and office space.; Located less than 1 mile from Downtown Fort Myers with easy access to US‑41 and I‑75.
