Upgraded Vehicle Storage
For Sale
$649,000
100-18950 S Tamiami Trl, Fort Myers, FL 33903
Rare, fully finished vehicle storage unit with upgraded features.
Property Size2,900 SF
Price / SF$223.79
Days on Market118
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
Changed: Jul 10
Last Checked: Jul 31 at 7:14PM
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.**
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 authorities.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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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 $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.**
