Flex Space with Warehouse and
13400 Palm Beach Blvd., Fort Myers, FL 33905
For Sale
Contact for pricing
An air-conditioned office and showroom adjoins warehouse space, covered work area, paved parking, and fenced outdoor storage.
Property Size10,612 SF
Lot Size1.10 Acres
Price / SF$329.82
Days on Market53
Property Features for 13400 Palm Beach Blvd.
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Corner Location
Road Access
Amenities
paved parking
outdoor yard/storage area
fencing
signage
Listing Agency:
Woodyard & Associates, LLC
Listed By:
Tom Woodyard · License FL #500709
(239) 425-6011
Source:
Crexi
Added: Sep 21
Changed: Nov 6
Last Checked: Nov 12 at 5:30AM
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 Woodyard & Associates, LLC
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Investment Insights
Based on property information with market context.
This flex property combines a 1,440-square-foot air-conditioned office and showroom with 7,800 square feet of air-conditioned warehouse space. Four overhead doors serve the warehouse, and an additional 1,372 square feet of covered workspace extends the usable area. The approximately 1.1-acre site also includes paved parking, a fenced outdoor yard and storage area, and signage.
The corner property has approximately 300 feet of frontage along Palm Beach Boulevard, also identified as SR 80, in Fort Myers. Residential, commercial, and service-oriented development is increasing in the surrounding area.
The corner property has approximately 300 feet of frontage along Palm Beach Boulevard, also identified as SR 80, in Fort Myers. Residential, commercial, and service-oriented development is increasing in the surrounding area.
Key Highlights
- Approximately 1.1‑acre corner property
- Approximately 300 feet of frontage on Palm Beach Boulevard / SR 80 in Fort Myers
- 1,440 SF air‑conditioned office and showroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,994
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,959,880
$3.0M
Cap Rate 7%
$2,114,200
$2.1M
Cap Rate 9%
$1,644,378
$1.6M
Market Conditions
NOI Build-Up for 10,612 SF
Gross rent
$182.3K $17.18/SF
− Vacancy
−$8.2K −$0.77/SF
EGI
$174.1K $16.41/SF
− OpEx
−$26.1K −$2.46/SF
NOI
$148.0K $13.95/SF
Area
Lee County, FL
Vacancy
4.50%
Lease Rate
$17.18 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,959,880
Cap Rate 7%
$2,114,200
Cap Rate 9%
$1,644,378
Alternative Uses
Best Use
Warehouse
$2.11M
$1.85M – $2.47M
NOI $147,994 @ 7.0% cap · market cap 4.23%
Second Best
Retail
$1.99M
$1.74M – $2.32M
NOI $139,211 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$3.34M
$2.92M – $3.90M
NOI $233,804 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33905, FL
37,692
Population
17,337
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
79%
High-School Grad
40.2 sq mi
ZIP Area
938
Density / Sq Mi
$70,009
Median Household Income
$36,923
Median Earnings
$1,509
Median Rent
$260,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Fort Myers, FL
Properties on Market for Flex space in Fort Myers
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Jonesez BBQ — 13438 Palm Beach Blvd, Fort Myers, FL 33905
Frequently Asked Questions
What type of property is this?
Flex space - An air-conditioned office and showroom adjoins warehouse space, covered work area, paved parking, and fenced outdoor storage.
Where is this flex space located?
The property is located at 13400 Palm Beach Blvd. Fort Myers, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Approximately 1.1‑acre corner property; Approximately 300 feet of frontage on Palm Beach Boulevard / SR 80 in Fort Myers; 1,440 SF air‑conditioned office and showroom
