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    Fort Myers Office Building Title is generated by Realmo AI

    11637 Kelly Rd, Fort Myers, FL

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    Turn-key office building with new roofs and buildouts.

    Type:RETAIL
    Property size:
    13,850 SF
    Lot size:
    1.84 Acres
    Price / SF:
    $228/SF
    Added:
    Dec 12, 2024
    Days on Market:
    552
    Last Refresh:
    May 20 at 9:42 pm

    Property Features for 11637 Kelly Rd

    General Information

    Standard status
    Active
    Size
    13,850 SF
    Lot size
    1.84 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Carlos Acosta, CCIM
    Carlos Acosta, CCIM

    Listing agent Carlos Acosta, CCIM License #BK3161197

    Listing office Commercial Real Estate Services of SWFL, Inc.

    Listing date Dec 12, 2024

    Source Moodyscre

    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 Commercial Real Estate Services of SWFL, Inc.

    HighLights

    • Turn Key
    • New Roofs
    • New Buildouts
    • Address: 11637 Kelly Rd

    Overview

    The property at 11637 Kelly Rd, Fort Myers, FL, is an office building offering 13850 square feet of space. Noteworthy features include new roofs and new buildouts, making it a turn-key property.

    Local Financial Insights For Office B

    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 $345.7k $24.96
    − Vacancy −$28.3k −$2.05
    EGI $317.3k $22.91
    − OpEx −$79.3k −$5.73
    NOI $238.0k $17.18
    13,850 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.40M
    $2.98M – $3.97M (±1% cap)
    NOI $238,012 @ 7.0% cap · market cap 7.52%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $4.36M
    $3.81M – $5.09M (±1% cap)
    NOI $305,143 @ 7.0% cap · market cap 9.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lisbeth Freeman Law ... Law Firm Lucky Strikes Arcade Gambling House Sliding Glass Door ... General Contractor Captiva Design Center Hardware & Home Improvement Copy IT, LLC Tech Support Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.9462
    Latitude
    26.5084

    FAQs

    What type of property is this?
    Office building - Turn-key office building with new roofs and buildouts.
    Where is this office building located?
    The property is located at 11637 Kelly Rd Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $3,166,542.
    What are key features of this property?
    This property features: Turn Key; New Roofs; New Buildouts
    (239) 980-0081 Call to check price and availability
    More about this property
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