Industrial Flex
For Sale
$2,590,000
6381 Corporate Park Cir, Fort Myers, FL 33966
Commercial Sale, FORT MYERS, FL
Property Size11,574 SF
Lot Size1.79 Acres
Price / SF$223.78
Days on Market14
Property Features for 6381 Corporate Park Cir
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IL
Parking
50
Standard status
Active
APN
18-45-25-18-00000.0070
Size
11,574 SF
Lot size
1.79 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PLANTATION CORPORATE PARK PB 73 PGS 68-69 LOT 7
Tax Annual Amount
17637
Legal Description
PLANTATION CORPORATE PARK PB 73 PGS 68-69 LOT 7
Building Details
Year built
2006
Floors in Building
1
Listing Agency:
Saggio Realty, Inc
(239) 352-5353
Listed By:
Mike Rivera, SR.
(239) 770-6257
Added: Aug 14
Changed: Aug 26
Last Checked: Aug 27 at 1:06AM
MLS# 226030962
Copyright © 2026 Naples Area Board of REALTORS. 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.
Located at 6381 Corporate Park Cir in Fort Myers, this 11,574-square-foot building portfolio was constructed in 2006 and includes industrial/flex, showroom, and office space. Available areas range from 3,000 to 5,800 square feet, supporting uses identified in the property information such as retail sales, distribution, manufacturing, logistics, and showroom operations. The site is zoned IL and encompasses 1.79 acres.
The property provides room for additional parking and accommodates delivery activity, including semi-trucks. Its Corporate Park Cir setting places the asset within an industrial area of Southwest Florida, with the physical layout combining under-air space and operational areas for business use.
The property provides room for additional parking and accommodates delivery activity, including semi-trucks. Its Corporate Park Cir setting places the asset within an industrial area of Southwest Florida, with the physical layout combining under-air space and operational areas for business use.
Key Highlights
- 11,574‑square‑foot building portfolio on a 1.79‑acre site
- Industrial/flex, showroom, and office space
- Available areas range from 3,000 to 5,800 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$198,899
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,977,980
$4.0M
Cap Rate 7%
$2,841,414
$2.8M
Cap Rate 9%
$2,209,989
$2.2M
Market Conditions
NOI Build-Up for 11,574 SF
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.
Gross rent
$288.9K $24.96/SF
− Vacancy
−$23.7K −$2.05/SF
EGI
$265.2K $22.91/SF
− OpEx
−$66.3K −$5.73/SF
NOI
$198.9K $17.18/SF
Area
Lee County, FL
Vacancy
8.20%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,977,980
Cap Rate 7%
$2,841,414
Cap Rate 9%
$2,209,989
Alternative Uses
Best Use
Office B
$2.84M
$2.49M – $3.31M
NOI $198,899 @ 7.0% cap · market cap 7.68%
Second Best
Flex RnD
$1.81M
$1.58M – $2.11M
NOI $126,614 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$3.64M
$3.19M – $4.25M
NOI $254,998 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33966, FL
11,245
Population
7,472
Households
1.5
Avg Household Size
50
Median Age
44%
College-Educated
97%
High-School Grad
8.8 sq mi
ZIP Area
1,278
Density / Sq Mi
$86,812
Median Household Income
$54,302
Median Earnings
$1,743
Median Rent
$362,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - The property combines industrial/flex, showroom, and office areas within an IL-zoned setting.
Where is this flex space located?
The property is located at 6381 Corporate Park Cir Fort Myers, FL.
What is the asking price?
The asking price for this property is $2,590,000.
What are key features of this property?
This property features: 11,574‑square‑foot building portfolio on a 1.79‑acre site; Industrial/flex, showroom, and office space; Available areas range from 3,000 to 5,800 square feet
