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Flex Space with Church Setup
For Sale
$1,000,000
Pending

1-2-300 Leonard Blvd N, Lehigh Acres, FL 33971

Approximately 3,850 sf flex space formed by combining two units, currently configured for church use with office and private restroom.

Property Size3,850 SF
Days on Market409

Property Features for 1-2-300 Leonard Blvd N

General Information

Standard status Pending
Size 3,850 SF

Site & Location

Highway Access Yes
Fenced Yard Yes

Taxes and HOA fees

Annual Taxes $168

Amenities

fenced lot
electronic security gate
on-site security system
prominent pylon signage
private restroom

Building Details

Year Built 2007
Tenancy Multi
Listing Agency: RE/MAX Trend
Listed By: Maria Rose · License #258030267
Source: Exprealty
Added: Sep 9, 2025 Changed: Oct 5 Last Checked: Oct 21 at 1:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Trend

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Investment Insights

Based on property information with market context.

This versatile commercial property totals approximately 3,850 sf and was created by combining two units into a single functional space. Built in 2007, it is currently configured for church use, with an open main area suitable for worship services or assemblies, plus a small office and a private restroom.

The property is located within the well-maintained Leonard Industrial Center and includes a fenced lot with an electronic security gate and an on-site security system. Prominent pylon signage provides street visibility.

Convenient access is described as being just minutes from I-75, near Lee Blvd, Westgate Blvd, and Leonard Blvd N, supporting travel to both North and South Fort Myers and surrounding areas.

Key Highlights

  • Approximately 3,850 SF flex space created by combining two units into one functional space
  • Currently configured for church use with an open main area plus a small office and private restroom
  • Built in 2007 within a well‑kept multi‑unit industrial complex in the Leonard Industrial Center

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,117
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,340 $842.3K
Cap Rate 7%
$601,671 $601.7K
Cap Rate 9%
$467,967 $468.0K
Market Conditions
NOI Build-Up for 3,850 SF
Gross rent
$69.3K $18.00/SF
− Vacancy
−$4.5K −$1.17/SF
EGI
$64.8K $16.83/SF
− OpEx
−$22.7K −$5.89/SF
NOI
$42.1K $10.94/SF
Area
Lee County, FL
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,340
Cap Rate 7%
$601,671
Cap Rate 9%
$467,967

Alternative Uses

Best Use
Flex RnD
$601.7K
$526.5K – $702.0K (±1% cap)
NOI $42,117 @ 7.0% cap · market cap 4.21%
Second Best
Industrial
$502.1K
$439.3K – $585.8K (±1% cap)
NOI $35,145 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,823 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Churches & religious facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Grocery & Convenience Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby

Demographics for 33971, FL

26,333
Population
8,802
Households
3
Avg Household Size
33
Median Age
15%
College-Educated
85%
High-School Grad
17.0 sq mi
ZIP Area
1,549
Density / Sq Mi
$72,784
Median Household Income
$38,898
Median Earnings
$1,678
Median Rent
$271,900
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Church & religious facility - Approximately 3,850 sf flex space formed by combining two units, currently configured for church use with office and private restroom.
Where is this church & religious facility located?
The property is located at 1-2-300 Leonard Blvd N Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately 3,850 SF flex space created by combining two units into one functional space; Currently configured for church use with an open main area plus a small office and private restroom; Built in 2007 within a well‑kept multi‑unit industrial complex in the Leonard Industrial Center
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