Commerce Lakes Drive Warehouse For
For Sale
Contact for pricing
12960 Commerce Lakes Dr, Fort Myers, FL 33913
Warehouse unit for sale, built in 2007, abundant parking.
Property Size1,475 SF
Price / SF$271.19
Days on Market451
Property Features for 12960 Commerce Lakes Dr
General Information
Standard status
Active
Size
1,475 SF
Property subtype
Industrial
Zoning
IL
Building Details
Year Built
2007
Buildings
1
Stories
1
Units
1
Listing Agency:
Lee & Associates - Naples
Listed By:
Brock Rasmussen · License #FL 3345374
(239) 209-0458
Source:
Crexi
Added: Jul 23, 2025
Changed: Oct 13
Last Checked: Oct 14 at 11:47PM
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
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Investment Insights
Based on property information with market context.
This commercial real estate property, suitable for warehouse or industrial use, is located on Commerce Lakes Drive. Constructed in 2007, the property features concrete tilt-up construction and hurricane impact glass. The warehouse area offers a ceiling height of 18 feet. One 10-foot by 12-foot overhead door provides access to the warehouse space. The property benefits from professional landscaping, extensive exterior lighting, and abundant parking. Condo fees are $1,165 quarterly. The property has a size of 1475 square feet.
Key Highlights
- Concrete Tilt‑Up Construction
- Hurricane Impact Glass
- 18’ Warehouse Ceiling Height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,039
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,780
$300.8K
Cap Rate 7%
$214,843
$214.8K
Cap Rate 9%
$167,100
$167.1K
Market Conditions
NOI Build-Up for 1,475 SF
Gross rent
$18.6K $12.60/SF
− Vacancy
−$892 −$0.60/SF
EGI
$17.7K $12.00/SF
− OpEx
−$2.7K −$1.80/SF
NOI
$15.0K $10.20/SF
Area
Lee County, FL
Vacancy
4.80%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,780
Cap Rate 7%
$214,843
Cap Rate 9%
$167,100
Alternative Uses
Best Use
Warehouse
$214.8K
$188.0K – $250.7K
NOI $15,039 @ 7.0% cap · market cap 3.76%
Second Best
Industrial
$192.4K
$168.3K – $224.4K
NOI $13,465 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$464.2K
$406.2K – $541.6K
NOI $32,497 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33913, FL
28,216
Population
16,026
Households
1.8
Avg Household Size
54
Median Age
47%
College-Educated
95%
High-School Grad
101.0 sq mi
ZIP Area
279
Density / Sq Mi
$106,925
Median Household Income
$54,341
Median Earnings
$1,914
Median Rent
$439,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse unit for sale, built in 2007, abundant parking.
Where is this warehouse located?
The property is located at 12960 Commerce Lakes Dr 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: Concrete Tilt‑Up Construction; Hurricane Impact Glass; 18’ Warehouse Ceiling Height
