Multi-Suite Professional Office
For Sale
Contact for pricing
120-16521 San Carlos Blvd, Fort Myers, FL 33967
Professional center with eight office suites and elevator access to the second floor.
Property Size7,360 SF
Price / SF$0.00
Days on Market143
Property Features for 120-16521 San Carlos Blvd
General Information
Standard status
Active
Size
7,360 SF
Additional Details
Office Units
8
Taxes and HOA fees
Annual Taxes
$12,683
Amenities
elevator access
Building Details
Tenancy
Multi
Listing Agency:
RE/MAX Realty Group
(239) 489-0444
Listed By:
Michael Frye · License #258000168
(239) 281-0441
Source:
Exprealty
Added: Jun 11
Changed: Oct 26
Last Checked: Oct 30 at 2:38PM
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 RE/MAX Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Zycron Professional Center features eight office suites within a professional office building. Elevator access serves the second floor.
Suite 120 is located on the first floor and includes approximately 800± SF with an open floor plan, a private office, and one restroom.
The center is located in South Fort Myers between Summerlin Rd. and Kelly Rd.
Suite 120 is located on the first floor and includes approximately 800± SF with an open floor plan, a private office, and one restroom.
The center is located in South Fort Myers between Summerlin Rd. and Kelly Rd.
Key Highlights
- Zycron Professional Center with 8 office suites
- Elevator access to the 2nd floor
- Suite 120 on the 1st floor with about 800 SF, open floor plan, private office, and one restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,481
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,529,620
$2.5M
Cap Rate 7%
$1,806,871
$1.8M
Cap Rate 9%
$1,405,344
$1.4M
Market Conditions
NOI Build-Up for 7,360 SF
Gross rent
$183.7K $24.96/SF
− Vacancy
−$15.1K −$2.05/SF
EGI
$168.6K $22.91/SF
− OpEx
−$42.2K −$5.73/SF
NOI
$126.5K $17.18/SF
Area
Lee County, FL
Vacancy
8.20%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,529,620
Cap Rate 7%
$1,806,871
Cap Rate 9%
$1,405,344
Alternative Uses
Best Use
Office B
$1.81M
$1.58M – $2.11M
NOI $126,481 @ 7.0% cap · market cap 744,005.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M
NOI $162,156 @ 7.0% cap · market cap 953,858.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
8
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Explore this area
Business Placement
Demographics for 33967, FL
28,174
Population
11,685
Households
2.4
Avg Household Size
35
Median Age
36%
College-Educated
92%
High-School Grad
7.6 sq mi
ZIP Area
3,707
Density / Sq Mi
$84,787
Median Household Income
$48,792
Median Earnings
$1,695
Median Rent
$321,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Professional center with eight office suites and elevator access to the second floor.
Where is this office unit located?
The property is located at 120-16521 San Carlos Blvd Fort Myers, FL.
What are key features of this property?
This property features: Zycron Professional Center with 8 office suites; Elevator access to the 2nd floor; Suite 120 on the 1st floor with about 800 SF, open floor plan, private office, and one restroom
