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Industrial Flex Space with Offices
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5483 Lee St, Lehigh Acres, FL 33971

Flex space with an air-conditioned warehouse and spacious offices, plus two baths, zoned IL.

Property Size1,916 SF
Price / SF$234.34
Days on Market814

Property Features for 5483 Lee St

General Information

Standard status Active
Size 1,916 SF
Property subtype INDUSTRIAL
Zoning IL

Additional Details

Conditioned Warehouse Yes

Building Details

Year Built 2004
Buildings 1
Building Size 1,916 SF
Listing Agency: Sperry Commercial | The Signature Group
Listed By: Theresa Blauch-Mitchell, CCIM · License ##BK3202944
Source: Moodyscre
Added: May 13, 2024 Changed: Jul 29 Last Checked: Jul 29 at 9:46PM

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 Sperry Commercial | The Signature Group

Investment Insights

Based on property information with market context.

Industrial flex space at 5483 Lee St in Lehigh Acres offers a versatile layout for light industrial and commercial uses. The property includes a 1,916 square foot building and an air-conditioned warehouse designed to support day-to-day work and operations.

The facility also features spacious office areas and two baths, providing practical separation between work and administrative space. Built in 2004, the building is positioned for functional, efficient occupancy.

Zoned IL, the property is intended to accommodate a diverse range of industrial and commercial endeavors. This combination of warehouse support and dedicated office space makes it suitable for businesses seeking a flexible setup on one site.

Key Highlights

  • 1,916 square foot industrial/flex building
  • Air‑conditioned warehouse
  • Spacious offices plus two baths

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 $47.8k $24.96
− Vacancy −$3.9k −$2.05
EGI $43.9k $22.91
− OpEx −$11.0k −$5.73
NOI $32.9k $17.18
1,916 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$470.4K
$411.6K – $548.8K (±1% cap)
NOI $32,926 @ 7.0% cap · market cap 7.33%
Second Best
Flex RnD
$299.4K
$262.0K – $349.3K (±1% cap)
NOI $20,960 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$603.0K
$527.7K – $703.6K (±1% cap)
NOI $42,213 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

FBI Air Hardware & Home Improvement Lehigh Acres Windshield ... Auto Repair Shop EXpressLO LLC Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Pharmacy Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

220
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33971, FL

26,333
Population
8,802
Households
3
Avg Household Size
33
Median Age
15%
College-Educated
85%
High-School Grad
17.0 sq mi
ZIP Area
1,549
Density / Sq Mi
$72,784
Median Household Income
$38,898
Median Earnings
$1,678
Median Rent
$271,900
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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space with an air-conditioned warehouse and spacious offices, plus two baths, zoned IL.
Where is this flex space located?
The property is located at 5483 Lee St Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1,916 square foot industrial/flex building; Air‑conditioned warehouse; Spacious offices plus two baths
(239) 265-2628 Call to check price and availability
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