Industrial Flex Condo
12960 Commerce Lakes Dr #A26 Fort Myers, FL 33913
12960 Commerce Lakes Dr #A26, Fort Myers, FL, 33913
$395,000
For Sale
$395,000
One-story industrial/flex condominium with office-reception space and a 10' x 14' roll-up door into warehouse space.
Property Size1,475 SF
Price / SF$267.80
Days on Market17
Property Features for 12960 Commerce Lakes Dr #A26
General Information
- Standard status
- Active
- Size
- 1,475 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2007
Listing agency
Phil Deems Real Estate
(239) 478-0056
Listed by
Philip A Deems · License #252010067
(239) 478-0056
Source
Bartleyrealty
Added: Jul 6 Updated: Jul 22 at 5:30PM Checked: Jul 22 at 5:30PM
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 Phil Deems Real Estate
Investment Insights
Based on property information with market context.
Suite A26 is a one-story industrial/flex condominium unit within the established Worthington Park of Commerce in the Gateway area. The layout includes approximately 355 SF of finished office/reception space with tile flooring and a half-bath, along with approximately 1,120 SF of warehouse space. The unit has one 10' x 14' electric roll-up overhead door and an 18' clear ceiling height in the warehouse. Additional features include concrete tilt-up construction, hurricane impact glass windows, central air conditioning and heating, and a new A/C unit installed in 2021.
The property is located off Daniels Parkway, providing quick access to I-75, Southwest Florida International Airport (RSW), and major regional corridors.
Utilities include 3-phase electric service (approximately 225 Amps, 208/120 volts). Quarterly CAM fees are listed as $900.
The property is located off Daniels Parkway, providing quick access to I-75, Southwest Florida International Airport (RSW), and major regional corridors.
Utilities include 3-phase electric service (approximately 225 Amps, 208/120 volts). Quarterly CAM fees are listed as $900.
Key Highlights
- 1,475 SF one‑story industrial/flex condominium unit built in 2007 in Worthington Park of Commerce
- Includes approx. 355 SF air‑conditioned office/reception with tile flooring and a half‑bath
- Includes 1,120 SF warehouse with 18' clear ceiling height and a 10' x 14' electric roll‑up overhead door
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 | $36.8k | $24.96 |
| − Vacancy | −$3.0k | −$2.05 |
| EGI | $33.8k | $22.91 |
| − OpEx | −$8.4k | −$5.73 |
| NOI | $25.3k | $17.18 |
1,475 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$362.1K
$316.9K – $422.5K
NOI $25,348 @ 7.0% cap · market cap 6.42%
Second Best
Flex RnD
$230.5K
$201.7K – $268.9K
NOI $16,136 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$464.2K
$406.2K – $541.6K
NOI $32,497 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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
Similar For Sale Nearby
Similar Off Market Nearby
- Moe's Southwest Grill — 13101 Paul J Doherty Pkwy #250, Fort Myers, FL 33913
FAQs
What type of property is this?
Flex space - One-story industrial/flex condominium with office-reception space and a 10' x 14' roll-up door into warehouse space.
Where is this flex space located?
The property is located at 12960 Commerce Lakes Dr #A26 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: 1,475 SF one‑story industrial/flex condominium unit built in 2007 in Worthington Park of Commerce; Includes approx. 355 SF air‑conditioned office/reception with tile flooring and a half‑bath; Includes 1,120 SF warehouse with 18' clear ceiling height and a 10' x 14' electric roll‑up overhead door
