Upgraded Vehicle Storage
100-18950 S Tamiami Trl Fort Myers, FL 33903
100-18950 S Tamiami Trl, Fort Myers, FL, 33903
$649,000
For Sale
$649,000
Rare, fully finished vehicle storage unit with upgraded features.
Property Size2,900 SF
Price / SF$223.79
Days on Market100
Property Features for 100-18950 S Tamiami Trl
General Information
- Standard status
- Active
- Size
- 2,900 SF
Listing Agency
Naples Beach & Bay Realty Inc
(239) 595-5525
Listed by
Torry Sigvartsen, PA
(239) 595-5525
Source
Exprealty
Added: Apr 9 Checked: Jul 16 at 9:24 pm
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
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.
Local Financial Insights For Retail
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 | $56.0k | $19.32 |
| − Vacancy | −$1.7k | −$0.58 |
| EGI | $54.3k | $18.74 |
| − OpEx | −$16.3k | −$5.62 |
| NOI | $38.0k | $13.12 |
2,900 SF · lease $19.32/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$543.5K
$475.5K – $634.1K
NOI $38,043 @ 7.0% cap · market cap 5.86%
Second Best
Self Storage
$436.9K
$382.3K – $509.7K
NOI $30,584 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$912.8K
$798.7K – $1.06M
NOI $63,893 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
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 $649,000.
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.**
