Commerce Lakes Drive Warehouse For
12960 Commerce Lakes Drive Fort Myers, FL 33913
12960 Commerce Lakes Drive, Fort Myers, FL, 33913
$400,000
For Sale
$400,000
Warehouse unit built in 2007 with 18' ceiling height.
Property Size2,064 SF
Price / SF$193.80
Days on Market239
Property Features for 12960 Commerce Lakes Drive
General Information
- Standard status
- Active
- Size
- 2,064 SF
- Property subtype
- Industrial
Listing agency
Lee & Associates - Naples
(239) 209-0458
Listed by
Brock Rasmussen, SIOR · License #3345374
(239) 209-0458
Source
Lee-associates
Added: Nov 26, 2025 Updated: Jul 10 at 11:58AM Checked: Jul 22 at 5:32AM
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 Lee & Associates - Naples
Investment Insights
Based on property information with market context.
This warehouse unit, constructed in 2007, features concrete tilt-up construction and hurricane impact glass. The warehouse area has a ceiling height of 18 feet and includes one 10’ x 12’ overhead door. The property benefits from professional landscaping, abundant parking, and extensive exterior lighting. Condo fees are $1,165 quarterly. The property size is 2,064 square feet.
Key Highlights
- Hurricane impact glass
- 18’ warehouse ceiling height
- One 10’ x 12’ overhead door
Local Financial Insights For Warehouse
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 | $26.0k | $12.60 |
| − Vacancy | −$1.2k | −$0.60 |
| EGI | $24.8k | $12.00 |
| − OpEx | −$3.7k | −$1.80 |
| NOI | $21.0k | $10.20 |
2,064 SF · lease $12.60/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$300.6K
$263.1K – $350.7K
NOI $21,044 @ 7.0% cap · market cap 5.26%
Second Best
Industrial
$269.2K
$235.5K – $314.0K
NOI $18,842 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$649.6K
$568.4K – $757.9K
NOI $45,474 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Zorr Corp
Industrial Manufacturer
Backbay Electric
Electrical Service
Zewa
Production Facility
Hurricane Air Conditioning ...
Hardware & Home Improvement
Walters Appliances Inc
Home Appliance Store
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FAQs
What type of property is this?
Warehouse - Warehouse unit built in 2007 with 18' ceiling height.
Where is this warehouse located?
The property is located at 12960 Commerce Lakes Drive Fort Myers, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Hurricane impact glass; 18’ warehouse ceiling height; One 10’ x 12’ overhead door
