15415 Pine Ridge Road Fort Myers, FL 33908
COMMERCIAL - Fort Myers, FL
Property Features for 15415 Pine Ridge Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Fencing
- Fenced
- Standard status
- Active
- APN
- 32-45-24-00-00021.0080
- Lot size
- 1.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PARL IN SW 1/4 OF NW 1/4 AS DESC IN OR 1487 PG 2164 LESS R/W INST#2006-310517 + #2016000106369
- Tax Annual Amount
- 19739
Building Details
- Year built
- 1983
- Floors in Building
- 1
Listing agent Martin Hawley License #288584010 (239) 355-4040
Listing office Keller Williams Realty Fort Myers and the Islands 12840 University Dr, Fort Myers, FL (239) 236-4350
Listing date Jun 30, 2026
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The site is located on a signalized hard corner at the intersection of Gladiolus Drive (SR 865) and Pine Ridge Road in south Fort Myers, described as an irreplaceable location. The frontage is along a six-lane arterial, with the remarks citing approximately 21,300 vehicles per day at the frontage and about 44,600 per day along Gladiolus Drive, supporting strong visibility and signage exposure.
The offering is presented as a stabilized, turnkey operation with reported in-place rents exceeding street rates and about 109% economic occupancy, along with a SafeLease component and an almost entirely online workflow. The property is noted as split CG/IL zoning supporting storage and expansion, and it sits in Flood Zone AE, with the remarks stating no flooding during Hurricanes Ian, Milton, or Helene. Capital improvements are documented at approximately $80,000, including new roofs (2018), exterior paint (2024), asphalt sealcoat (2025), and a high-efficiency A/C (2026).
Local 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 |