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Two-Level Industrial Office Condo
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12165 Metro Pkwy, Fort Myers, FL 33966

Unit 23 features built-out office space over approximately 468 SF of warehouse with a 10' x 12' overhead door.

Property Size2,378 SF
Price / SF$166.11
Days on Market210

Property Features for 12165 Metro Pkwy

General Information

Standard status Active
Size 2,378 SF
Property subtype INDUSTRIAL

Warehouse & Industrial

Clear Height 21 ft
Sprinkler System Yes

Building Details

Tenancy Multi
Listing Agency: VIP Realty - Commercial
Listed By: Ethan Schumacher · License #258020030
Source: Moodyscre
Added: Jan 2 Changed: Jul 28 Last Checked: Jul 30 at 12:50PM

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 VIP Realty - Commercial

Investment Insights

Based on property information with market context.

Metropolitan Commercial Park offers a multi-tenant industrial office condo setting, with Unit 23 available for sale. The unit includes two levels of office build-out. The first floor offers a reception/showroom area, conference room, large private office, breakroom, two restrooms, and approximately 468± SF of warehouse space with 21' ceiling height. It also includes one 10' x 12' overhead door and one service entrance. The second floor provides two large work areas, a small office, and a private hallway with waiting area.

The park is centrally located on Metro Parkway, just north of Crystal Drive, with access via Colonial Blvd. to the north and Daniels Parkway to the south.

Both the first and second floors include fire sprinklers in place, supporting a practical tenant-ready office/warehouse configuration within the condo park setting.

Key Highlights

  • Unit 23 in Metropolitan Commercial Park offers built‑out two‑level office space over approx. 468± SF of warehouse.
  • Warehouse includes 21' ceiling height and a 10' x 12' overhead door plus one service entrance.
  • First floor features reception/showroom, conference room, private office, breakroom, and two restrooms.

Financial Insights For Flex RnD

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 $42.8k $18.00
− Vacancy −$2.8k −$1.17
EGI $40.0k $16.83
− OpEx −$14.0k −$5.89
NOI $26.0k $10.94
2,378 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 35.00%

Alternative Uses

Best Use
Office B
$583.8K
$510.8K – $681.1K (±1% cap)
NOI $40,866 @ 7.0% cap · market cap 10.35%
Second Best
Flex RnD
$371.6K
$325.2K – $433.6K (±1% cap)
NOI $26,014 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$748.5K
$654.9K – $873.2K (±1% cap)
NOI $52,392 @ 7.0% cap · market cap 13.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Oasis Building & Remodeling Construction Company Southern Computers Electronics & Wireless Store 21st Century Oncology Physician G3 Catering Take-out & Catering Geotech Environmental Equipment ... Environmental Consultant

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21 ft
Clear height
Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33966, FL

11,245
Population
7,472
Households
1.5
Avg Household Size
50
Median Age
44%
College-Educated
97%
High-School Grad
8.8 sq mi
ZIP Area
1,278
Density / Sq Mi
$86,812
Median Household Income
$54,302
Median Earnings
$1,743
Median Rent
$362,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Commercial Kitchen Fort Myers LLC — 11770-A Metro Pkwy, Fort Myers, FL 33966
  • G3 Catering — 12165 Metro Pkwy, Fort Myers, FL 33966
  • AteBalls — 11770 Metro Pkwy, Fort Myers, FL 33966
  • Savour First Choice Catering-Corporate Catering branch — 11770 metro pkwy a, fort myers, fl 33966
  • Crunch X Munch Cheesecakes & More — 11770 Metro Pkwy, Fort Myers, FL 33966

Frequently Asked Questions

What type of property is this?
Flex space - Unit 23 features built-out office space over approximately 468 SF of warehouse with a 10' x 12' overhead door.
Where is this flex space located?
The property is located at 12165 Metro Pkwy Fort Myers, FL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Unit 23 in Metropolitan Commercial Park offers built‑out two‑level office space over approx. 468± SF of warehouse.; Warehouse includes 21' ceiling height and a 10' x 12' overhead door plus one service entrance.; First floor features reception/showroom, conference room, private office, breakroom, and two restrooms.
(239) 220-3042 Call to check price and availability
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