Standalone Office
1625 COLONIAL BLVD Fort Myers, FL 33907
1625 COLONIAL BLVD, Fort Myers, FL, 33907
$629,000
For Sale
$629,000
Standalone office building with an open layout, waiting area, multiple offices, meeting rooms, and parking.
Property Size1,702 SF
Price / SF$369.57
Days on Market23
Property Features for 1625 COLONIAL BLVD
General Information
- Standard status
- Active
- Size
- 1,702 SF
- Property subtype
- Office
Building Details
- Year Built
- 1962
Listing agency
VIP Realty - Commercial
(239) 470-5582
Listed by
Lisa Sands · License #SL3142558
(239) 470-5582
Source
Svn
Added: Jun 29 Updated: Jul 20 at 11:16PM Checked: Jul 21 at 8:07AM
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.
This standalone office building offers approximately 1,702 square feet and features a concrete block and stucco exterior with an open layout. Interior highlights include a small waiting area, reception, four private offices, two conference or meeting rooms, two restrooms, and two kitchenettes. The space also benefits from lots of natural light.
The property is located at 1625 Colonial Blvd. Public remarks note convenient access to Central Fort Myers and Cape Coral, along with nearby Central Fort Myers and Cape Coral traffic counts cited as 59,400 cars per day (TCDS) for 2025. The site includes nine parking spaces plus four shared electronic pylon signage.
Overall, the configuration is suited for professional or medical office use, with multiple rooms to support client intake, meetings, and separate workspaces.
The property is located at 1625 Colonial Blvd. Public remarks note convenient access to Central Fort Myers and Cape Coral, along with nearby Central Fort Myers and Cape Coral traffic counts cited as 59,400 cars per day (TCDS) for 2025. The site includes nine parking spaces plus four shared electronic pylon signage.
Overall, the configuration is suited for professional or medical office use, with multiple rooms to support client intake, meetings, and separate workspaces.
Key Highlights
- Standalone office building built in 1962 at 1625 Colonial Blvd, approximately 1,702 SF
- Concrete block and stucco construction with an open layout plus waiting and reception areas
- Includes 4 private offices and 2 conference or meeting rooms
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 | $42.5k | $24.96 |
| − Vacancy | −$3.5k | −$2.05 |
| EGI | $39.0k | $22.91 |
| − OpEx | −$9.7k | −$5.73 |
| NOI | $29.2k | $17.18 |
1,702 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$417.8K
$365.6K – $487.5K
NOI $29,249 @ 7.0% cap · market cap 4.65%
Second Best
Healthcare Medical
$304.3K
$266.3K – $355.1K
NOI $21,304 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$535.7K
$468.7K – $625.0K
NOI $37,498 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nilsa Rivera, Ph.D., ...
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Standalone office building with an open layout, waiting area, multiple offices, meeting rooms, and parking.
Where is this office building located?
The property is located at 1625 COLONIAL BLVD Fort Myers, FL.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Standalone office building built in 1962 at 1625 Colonial Blvd, approximately 1,702 SF; Concrete block and stucco construction with an open layout plus waiting and reception areas; Includes 4 private offices and 2 conference or meeting rooms
