Upgraded Vehicle Storage
For Sale
$624,000
100-18950 S Tamiami Trl, Fort Myers, FL 33903
Rare, fully finished vehicle storage unit with upgraded features.
Property Size2,900 SF
Price / SF$215.17
Days on Market192
Property Features for 100-18950 S Tamiami Trl
General Information
Standard status
Active
Size
2,900 SF
Taxes and HOA fees
Annual Taxes
$10
Listing Agency:
Naples Beach & Bay Realty Inc
(239) 228-5348
Listed By:
Torry Sigvartsen, PA
(239) 595-5525
Source:
Exprealty
Added: Apr 9
Changed: Oct 11
Last Checked: Oct 16 at 3:27PM
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 Naples Beach & Bay Realty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This vehicle storage unit is located in Classic Estates, a gated community for car enthusiasts in Southwest Florida. The property features security cameras and a 16’x14’ electric roll-up door. The unit offers 1,250 square feet on the garage floor, a fully finished 1,250-square-foot upstairs loft, and an additional 400-square-foot bonus loft space on the third level, totaling 2,900 square feet of finished space. The garage floor includes a water filter system for the entire unit and a mop sink. The upstairs area is equipped with a kitchenette featuring an island, a full bathroom with a washer/dryer laundry area, an office/bedroom with walk-in storage/closets, and a large hangout/living area with an 85-inch TV. The entire unit is air-conditioned. The garage is equipped with two single mast car lifts. A quarterly fee covers insurance, yard maintenance, water, internet, garbage dumpster, security cameras, and gate operation via phone.
Key Highlights
- Rare vehicle storage unit in premier car enthusiast community (Classic Estates) with only 24 units.
- Move‑in ready, fully finished unit with builder upgrades; no waiting list.
- Total of 2900 sq ft of finished space including a 1250 sq ft garage, 1250 sq ft loft, and 400 sq ft bonus loft.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,043
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,860
$760.9K
Cap Rate 7%
$543,471
$543.5K
Cap Rate 9%
$422,700
$422.7K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$56.0K $19.32/SF
− Vacancy
−$1.7K −$0.58/SF
EGI
$54.3K $18.74/SF
− OpEx
−$16.3K −$5.62/SF
NOI
$38.0K $13.12/SF
Area
Lee County, FL
Vacancy
3.00%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,860
Cap Rate 7%
$543,471
Cap Rate 9%
$422,700
Alternative Uses
Best Use
Retail
$543.5K
$475.5K – $634.1K
NOI $38,043 @ 7.0% cap · market cap 6.10%
Second Best
Self Storage
$436.9K
$382.3K – $509.7K
NOI $30,584 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$912.8K
$798.7K – $1.06M
NOI $63,893 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Explore this area
Business Placement
Demographics for 33903, FL
23,294
Population
15,400
Households
1.5
Avg Household Size
61
Median Age
24%
College-Educated
89%
High-School Grad
11.3 sq mi
ZIP Area
2,061
Density / Sq Mi
$56,317
Median Household Income
$32,452
Median Earnings
$1,152
Median Rent
$135,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Self storage facility - Rare, fully finished vehicle storage unit with upgraded features.
Where is this self storage facility located?
The property is located at 100-18950 S Tamiami Trl Fort Myers, FL.
What is the asking price?
The asking price for this property is $624,000.
What are key features of this property?
This property features: Rare vehicle storage unit in premier car enthusiast community (Classic Estates) with only 24 units.; Move‑in ready, fully finished unit with builder upgrades; no waiting list.; Total of 2900 sq ft of finished space including a 1250 sq ft garage, 1250 sq ft loft, and 400 sq ft bonus loft.**
