Industrial Flex Space with Overhead
For Sale
$335,000
Pending
10801 Sunset Plaza Circle, Fort Myers, FL 33908
CommercialSale, Fort Myers, FL
Property Size1,325 SF
Lot Size0.33 Acres
Days on Market611
Property Features for 10801 Sunset Plaza Circle
General Information
Property type
Commercial Sale
Property subtype
Other
Fencing
Fenced
Directions
Take Summerlin Road toward the beaches, turn south on Safety Lane, which is where Zoomers is located, follow safety lane, turn right into development.
Subdivision
FM13 - Fort Myers Area
Standard status
Pending
APN
08-46-24-04-0000A.01DB
Lot size
0.33 Acres
Additional Details
Property Use
Flex Space
Taxes and HOA fees
Tax Year
2024
Tax Description
ANNEX AT SUNSET PLAZA DESC IN INST#2005-122341 BLDG A UNIT 1DB
Tax Annual Amount
2939
Legal Description
ANNEX AT SUNSET PLAZA DESC IN INST#2005-122341 BLDG A UNIT 1DB
Building Details
Year built
2005
Floors in Building
1
Listing Agency:
REV Realty Advisors LLC
Listed By:
Jeff Hathy · License #258019512
(239) 322-6970
Added: Feb 28, 2025
Changed: Oct 30
Last Checked: Nov 1 at 12:06AM
MLS# 225022358
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,325-square-foot industrial flex condominium unit was built in 2005 and combines conditioned workspace with practical support features. The unit includes air conditioning and heat, a private bathroom with tile flooring, drinking fountains, and a 10' X 12" overhead rear door. The front portion can be divided into office areas to support a range of business configurations.
The property is part of a four-building complex with individual flex units. The fully fenced site uses an electronic keypad entrance, with gates closed after normal business hours. A paved central courtyard provides maneuvering space for trucks and semis. The property is located off Summerlin and Pine Ridge Roads in south Fort Myers, near the bridges to Fort Myers Beach and Sanibel Island.
The property is part of a four-building complex with individual flex units. The fully fenced site uses an electronic keypad entrance, with gates closed after normal business hours. A paved central courtyard provides maneuvering space for trucks and semis. The property is located off Summerlin and Pine Ridge Roads in south Fort Myers, near the bridges to Fort Myers Beach and Sanibel Island.
Key Highlights
- 1,325 SF industrial flex condominium unit
- 10' X 12" overhead rear door
- Air conditioning and heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,495
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,900
$289.9K
Cap Rate 7%
$207,071
$207.1K
Cap Rate 9%
$161,056
$161.1K
Market Conditions
NOI Build-Up for 1,325 SF
Gross rent
$23.9K $18.00/SF
− Vacancy
−$1.6K −$1.17/SF
EGI
$22.3K $16.83/SF
− OpEx
−$7.8K −$5.89/SF
NOI
$14.5K $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%
$289,900
Cap Rate 7%
$207,071
Cap Rate 9%
$161,056
Alternative Uses
Best Use
Flex RnD
$207.1K
$181.2K – $241.6K
NOI $14,495 @ 7.0% cap · market cap 4.33%
Second Best
Warehouse
$193.0K
$168.9K – $225.2K
NOI $13,510 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$417.0K
$364.9K – $486.5K
NOI $29,192 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33908, FL
43,110
Population
32,067
Households
1.3
Avg Household Size
63
Median Age
44%
College-Educated
96%
High-School Grad
34.2 sq mi
ZIP Area
1,261
Density / Sq Mi
$74,711
Median Household Income
$50,063
Median Earnings
$1,829
Median Rent
$346,200
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Air-conditioned flex unit with private restroom and partitionable front area for office use.
Where is this flex space located?
The property is located at 10801 Sunset Plaza Circle Fort Myers, FL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1,325 SF industrial flex condominium unit; 10' X 12" overhead rear door; Air conditioning and heat
