Highly Automated Self-Storage
15415 Pine Ridge Road Fort Myers, FL 33908
15415 Pine Ridge Road, Fort Myers, FL, 33908
$2,616,250
For Sale
$2,616,250
COMMERCIAL - Fort Myers, FL
Property Size19,720 SF
Lot Size1.24 Acres
Price / SF$132.67
Days on Market24
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 agency
Keller Williams Realty Fort Myers and the Islands
(239) 236-4350
Listed by
Martin Hawley · License #288584010
(239) 355-4040
Added: Jun 30 Updated: Jul 22 at 3:38PM Checked: Jul 23 at 2:06AM
MLS# 2026028242
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.
This for-sale self-storage facility includes 176 units across three single-story, drive-up, concrete-block buildings. Customers pull directly to their storage units, avoiding elevators or long interior hallways. The property also offers outdoor RV/vehicle parking and mailbox rentals, with on-site management supported by an apartment arrangement.
The facility is positioned on an irreplaceable signalized hard corner at the intersection of Gladiolus Drive (SR 865) and Pine Ridge Road in south Fort Myers. The site benefits from prominent arterial frontage and signage exposure. Storage Quarters is located in Flood Zone AE and, per the seller, experienced no flooding during Hurricanes Ian, Milton, or Helene.
Operation is described as highly automated, with tenants reserving, leasing, and managing payments online through the Cubby AI platform, including autopay. The listing notes an in-place occupancy of about 109% economic occupancy and a stabilized operating profile with SafeLease tenant protection generating recurring ancillary income. The property is supported by split CG/IL zoning for storage and expansion, and approximately $80,000 in recent capital improvements, including new roofs (2018), exterior paint (2024), asphalt sealcoat (2025), and a high-efficiency A/C system (2026).
The facility is positioned on an irreplaceable signalized hard corner at the intersection of Gladiolus Drive (SR 865) and Pine Ridge Road in south Fort Myers. The site benefits from prominent arterial frontage and signage exposure. Storage Quarters is located in Flood Zone AE and, per the seller, experienced no flooding during Hurricanes Ian, Milton, or Helene.
Operation is described as highly automated, with tenants reserving, leasing, and managing payments online through the Cubby AI platform, including autopay. The listing notes an in-place occupancy of about 109% economic occupancy and a stabilized operating profile with SafeLease tenant protection generating recurring ancillary income. The property is supported by split CG/IL zoning for storage and expansion, and approximately $80,000 in recent capital improvements, including new roofs (2018), exterior paint (2024), asphalt sealcoat (2025), and a high-efficiency A/C system (2026).
Key Highlights
- 176‑unit self‑storage facility with three single‑story drive‑up concrete‑block buildings totaling approx. 19,720 SF on 1.24 acres (built 1983).
- Signalized hard‑corner location at Gladiolus Dr (SR 865) and Pine Ridge Rd in south Fort Myers, with direct drive‑up access to storage units.
- Almost entirely online operations via Cubby AI (reserve/lease/pay/manage with autopay); ML revenue management with in‑place rents exceeding street rates.
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 |
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Great White Contracting ...
General Contractor
Storage Quarters
Storage Facility
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FAQs
What type of property is this?
Self storage facility - 176-unit drive-up self-storage on a signalized corner, managed nearly fully online with outdoor RV/vehicle parking.
Where is this self storage facility located?
The property is located at 15415 Pine Ridge Road 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 self‑storage facility with three single‑story drive‑up concrete‑block buildings totaling approx. 19,720 SF on 1.24 acres (built 1983).; Signalized hard‑corner location at Gladiolus Dr (SR 865) and Pine Ridge Rd in south Fort Myers, with direct drive‑up access to storage units.; Almost entirely online operations via Cubby AI (reserve/lease/pay/manage with autopay); ML revenue management with in‑place rents exceeding street rates.
