Fort Myers Industrial
For Sale
Contact for pricing
14230 Jetport Loop W, Fort Myers, FL 33913
Industrial property near Southwest Florida International Airport for sale.
Property Size9,959 SF
Price / SF$225.86
Days on Market166
Property Features for 14230 Jetport Loop W
General Information
Standard status
Active
Size
9,959 SF
Property subtype
Industrial
Zoning
IL - Light Industrial
Lease Type
NNN
Building Details
Year Built
2000
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Lee & Associates - Naples
(239) 682-7444
Listed By:
Cody T. Shadley · License #SL3305867
Source:
Crexi
Added: Mar 12
Changed: Aug 22
Last Checked: Aug 23 at 7:25AM
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
Investment Insights
Based on property information with market context.
This industrial property presents a rare opportunity for an owner/user or investor in Fort Myers. The property is positioned minutes from Southwest Florida International Airport (RSW) and surrounded by established businesses. It offers proximity to major transportation routes and regional connectivity within a thriving commercial environment. The property is located in one of Fort Myers’ most inventory-constrained industrial corridors. The property size is 9959 square feet.
Key Highlights
- Strategic location in inventory‑constrained industrial corridor near Southwest Florida International Airport (RSW).
- Ideal for owner/user or investor seeking a rare opportunity.
- Proximity to major transportation routes and strong regional connectivity.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$90,913
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,818,260
$1.8M
Cap Rate 7%
$1,298,757
$1.3M
Cap Rate 9%
$1,010,144
$1.0M
Market Conditions
NOI Build-Up for 9,959 SF
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.
Gross rent
$137.4K $13.80/SF
− Vacancy
−$7.6K −$0.76/SF
EGI
$129.9K $13.04/SF
− OpEx
−$39.0K −$3.91/SF
NOI
$90.9K $9.13/SF
Area
Lee County, FL
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,818,260
Cap Rate 7%
$1,298,757
Cap Rate 9%
$1,010,144
Alternative Uses
Best Use
Industrial
$1.30M
$1.14M – $1.52M
NOI $90,913 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.13M
$2.74M – $3.66M
NOI $219,417 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property near Southwest Florida International Airport for sale.
Where is this industrial property located?
The property is located at 14230 Jetport Loop W Fort Myers, FL.
What is the asking price?
The asking price for this property is $2,249,299.
What are key features of this property?
This property features: Strategic location in inventory‑constrained industrial corridor near Southwest Florida International Airport (RSW).; Ideal for owner/user or investor seeking a rare opportunity.; Proximity to major transportation routes and strong regional connectivity.
