Turnkey Office Suites with New
For Sale
Contact for pricing
11637 Kelly Rd, Fort Myers, FL 33908
Office suites offered for sale with a new roof and completed buildouts, ready for immediate tenant use.
Property Size13,850 SF
Price / SF$228.63
Days on Market596
Property Features for 11637 Kelly Rd
General Information
Standard status
Active
Size
13,850 SF
Property subtype
OFFICE
Listing Agency:
Commercial Real Estate Services of SWFL, Inc.
(239) 823-0115
Listed By:
Carlos Acosta, CCIM · License ##BK3161197
Source:
Moodyscre
Added: Dec 12, 2024
Changed: Jul 27
Last Checked: Jul 30 at 2:24PM
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 Commercial Real Estate Services of SWFL, Inc.
Investment Insights
Based on property information with market context.
This offering includes office units and office spaces presented as turn-key, with new roofs and new buildouts already completed. The property totals 13,850 square feet, providing office configuration suitable for an operator or tenant seeking finished improvements rather than starting from scratch.
The property is located at 11637 Kelly Rd in Fort Myers, Florida (33908).
The property is located at 11637 Kelly Rd in Fort Myers, Florida (33908).
Key Highlights
- Office suites for sale at 11637 Kelly Rd
- New roof
- New buildouts completed
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 | $345.7k | $24.96 |
| − Vacancy | −$28.3k | −$2.05 |
| EGI | $317.3k | $22.91 |
| − OpEx | −$79.3k | −$5.73 |
| NOI | $238.0k | $17.18 |
13,850 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.40M
$2.98M – $3.97M
NOI $238,012 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.36M
$3.81M – $5.09M
NOI $305,143 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
767
Businesses Nearby
Explore this area
Business Placement
Demographics for 33908, FL
43,110
Population
32,067
Households
1.3
Avg Household Size
63
Median Age
44%
College-Educated
96%
High-School Grad
34.2 sq mi
ZIP Area
1,261
Density / Sq Mi
$74,711
Median Household Income
$50,063
Median Earnings
$1,829
Median Rent
$346,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office suites offered for sale with a new roof and completed buildouts, ready for immediate tenant use.
Where is this office units located?
The property is located at 11637 Kelly Rd Fort Myers, FL.
What is the asking price?
The asking price for this property is $3,166,542.
What are key features of this property?
This property features: Office suites for sale at 11637 Kelly Rd; New roof; New buildouts completed
