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    5565 Lee St Lehigh Acres, FL

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    Light industrial flex space with convenient access to major routes.

    Type:INDUSTRIAL
    Property size:
    1,800 SF
    Lot size:
    1.99 Acres
    Added:
    Jan 30, 2025
    Days on Market:
    453
    Last Refresh:
    Apr 5 at 9:59 pm

    Property Features for 5565 Lee St

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Lot size
    1.99 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 5565 Lee St Contact us

    We can help!

    Listing Contact
    James Boback
    James Boback

    Listing agent James Boback

    Listing office Boback Commercial Group

    Listing date Jan 30, 2025

    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 Boback Commercial Group

    Overview

    Industrial Flex Space For Rent

    This light industrial flex space features tilt wall construction and an 18-foot clear height. The property offers abundant parking suitable for industrial use. It is located in the Westgate Industrial Park at the west end of Lehigh Acres, providing convenient access to Fort Myers. The location allows for short, easy access to I-75, Daniels Road, and SR 82/MLK Boulevard, making it ideally situated for travel in all directions. The property size is 1,800 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Golden Gate Well ... Construction Company Mark Christian Ministries Church Unlimited Services & Repair Construction Company US Med Equip Production Facility Lehigh AC Supply Hardware & Home Improvement

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lehigh Acres
    County
    Lee
    State
    Florida
    Longitude
    -81.7495
    Latitude
    26.6168

    Nearby Similar for Lease

    • $12 SF/Yr

      Industrial Warehouse in Southwest Florida

      18,797 SF warehouse for lease in growing commercial corridor.
      5607 8th St W, Lehigh Acres, FL 33971
      View Details
    • Contact for pricing

      Industrial Flex Space Sublease

      Versatile industrial flex space in Lehigh Acres available for sublease.
      5441 Lee Street, Lehigh Acres, FL 33971
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    • $2,000/Mo

      Lehigh Acres Warehouse/Flex Space

      Industrial warehouse/flex space with fenced outdoor storage available for lease.
      5619 8th St W | Lehigh Acres, FL 33971, FL 33971
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    • $20 SF/Yr

      Industrial Space in Lehigh Acres

      Industrial property available for rent in Lehigh Acres, Florida.
      5441 Lee St, Lehigh Acres, FL
      View Details

    FAQs

    What type of property is this?
    Flex space - Light industrial flex space with convenient access to major routes.
    Where is this flex space located?
    The property is located at 5565 Lee St Lehigh Acres, FL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Convenient location with easy access to I‑75, Daniels Rd., and SR 82/MLK Blvd.; Abundant parking, a significant advantage.; 18‑foot clear height suitable for various industrial uses.
    (239) 565-2616 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing James Boback
    James Boback
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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