Automated Drive-Up Self-Storage
For Sale
$2,616,250
15415 Pine Ridge Rd, Fort Myers, FL 33908
Single-story drive-up self-storage with outdoor RV/vehicle parking and mostly automated, online leasing and management.
Property Size19,720 SF
Lot Size1.24 Acres
Price / SF$132.67
Days on Market32
Property Features for 15415 Pine Ridge Rd
General Information
Standard status
Active
Size
19,720 SF
Lot size
1.24 Acres
Property subtype
Commercial
Zoning
CG/IL
Occupancy
84%
Financials
Asking Price
$2,616,250
Cap Rate
6%
Additional Details
Road Access
Yes
Self-Storage Units
176
Amenities
Outdoor RV/vehicle parking
Mailbox rentals
Building Details
Building Size
19,720 SF
Year Built
1983
Buildings
3
Stories
1
Construction
concrete block
Listing Agency:
Keller Williams Realty Fort Myers and the Islands
(239) 355-4040
Listed By:
Martin Hawley · License #288584010
(239) 355-4040
Source:
Bartleyrealty
Added: Jun 30
Changed: Jul 31
Last Checked: Jul 31 at 3:33AM
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 Keller Williams Realty Fort Myers and the Islands
Investment Insights
Based on property information with market context.
Storage Quarters is a stabilized self-storage facility built in 1983, with 176 units across three single-story, drive-up, concrete-block buildings totaling approximately 19,720 SF on 1.24 acres. Customers pull directly to their storage units, with no elevators or long interior hallways. The property also includes outdoor RV/vehicle parking and offers mailbox rentals.
Located at 15415 Pine Ridge Rd in Fort Myers, the facility sits on a signalized hard corner at Gladiolus Drive (SR 865) and Pine Ridge Road. Gladiolus Drive is a six-lane arterial carrying roughly 21,300 vehicles per day at the frontage and about 44,600 per day, supporting strong visibility and signage exposure. The property is in Flood Zone AE and, per the seller’s record, took no flooding during Hurricanes Ian, Milton, or Helene.
Operationally, tenants reserve, lease, and manage autopay largely online through the Cubby AI platform. In-place performance is supported by an approximately 109% economic occupancy figure, with SafeLease adding recurring ancillary income. Recent capital improvements include new roofs (2018), exterior paint (2024), asphalt sealcoat (2025), and a high-efficiency A/C (2026). The site is split CG/IL zoning and was described as supporting storage and expansion, including a noted vertical stilt expansion concept.
Located at 15415 Pine Ridge Rd in Fort Myers, the facility sits on a signalized hard corner at Gladiolus Drive (SR 865) and Pine Ridge Road. Gladiolus Drive is a six-lane arterial carrying roughly 21,300 vehicles per day at the frontage and about 44,600 per day, supporting strong visibility and signage exposure. The property is in Flood Zone AE and, per the seller’s record, took no flooding during Hurricanes Ian, Milton, or Helene.
Operationally, tenants reserve, lease, and manage autopay largely online through the Cubby AI platform. In-place performance is supported by an approximately 109% economic occupancy figure, with SafeLease adding recurring ancillary income. Recent capital improvements include new roofs (2018), exterior paint (2024), asphalt sealcoat (2025), and a high-efficiency A/C (2026). The site is split CG/IL zoning and was described as supporting storage and expansion, including a noted vertical stilt expansion concept.
Key Highlights
- 176‑unit, mostly automated self‑storage facility on 1.24 acres
- Three single‑story drive‑up buildings totaling approximately 19,720 SF
- Outdoor RV/vehicle parking plus mailbox rentals
Financial Insights For Self Storage
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 | $319.5k | $16.20 |
| − Vacancy | −$22.4k | −$1.13 |
| EGI | $297.1k | $15.07 |
| − OpEx | −$89.1k | −$4.52 |
| NOI | $208.0k | $10.55 |
19,720 SF · lease $16.20/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$2.97M
$2.60M – $3.47M
NOI $207,971 @ 7.0% cap · market cap 7.95%
Second Best
Warehouse
$2.87M
$2.51M – $3.35M
NOI $201,064 @ 7.0% cap · market cap 7.69%
Theoretical Best
Office A
$6.21M
$5.43M – $7.24M
NOI $434,471 @ 7.0% cap · market cap 16.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
84%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
645
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Single-story drive-up self-storage with outdoor RV/vehicle parking and mostly automated, online leasing and management.
Where is this self storage facility located?
The property is located at 15415 Pine Ridge Rd Fort Myers, FL.
What is the asking price?
The asking price for this property is $2,616,250.
What are key features of this property?
This property features: 176‑unit, mostly automated self‑storage facility on 1.24 acres; Three single‑story drive‑up buildings totaling approximately 19,720 SF; Outdoor RV/vehicle parking plus mailbox rentals
