Flex Space with Overhead
For Sale
$335,000
Pending
10801 Sunset Plaza CIR 1DB, Fort Myers, FL 33908
The unit combines climate control, a private bathroom, and a layout that can accommodate front office partitions.
Property Size1,325 SF
Days on Market604
Property Features for 10801 Sunset Plaza CIR 1DB
General Information
Standard status
Pending
Size
1,325 SF
Property subtype
Warehouse
Site & Location
Road Access
Yes
Fenced Yard
Yes
Additional Details
Property Use
Flex Space
Taxes and HOA fees
Annual Taxes
$2,938
Amenities
private bathroom
drinking fountains
air-conditioning
heating
electronic keypad entrance
paved courtyard
Building Details
Year Built
2005
Listing Agency:
REV Realty Advisors LLC
Listed By:
Jeff Hathy · License #258019512
(239) 322-6970
Source:
Pelicanvistarealty
Added: Mar 6, 2025
Changed: Oct 31
Last Checked: Oct 31 at 3:30AM
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 REV Realty Advisors LLC
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Investment Insights
Based on property information with market context.
This 1,325-square-foot flex space unit was built in 2005 and includes heating and air conditioning, a private bathroom with a tile floor, and drinking fountains. A 10-by-12-inch overhead door serves the rear of the unit, while the front area can be divided into offices. The space is part of a four-building industrial condominium complex.
The fenced complex has an electronic keypad entry, with gates closed after regular business hours. A paved central courtyard provides maneuvering space for trucks and semis. The property is off Summerlin and Pine Ridge Roads in south Fort Myers, with access near the bridges to Fort Myers Beach and Sanibel Island.
The fenced complex has an electronic keypad entry, with gates closed after regular business hours. A paved central courtyard provides maneuvering space for trucks and semis. The property is off Summerlin and Pine Ridge Roads in south Fort Myers, with access near the bridges to Fort Myers Beach and Sanibel Island.
Key Highlights
- 1,325 square feet of flex space
- 10‑by‑12‑inch overhead rear door
- Heating and air conditioning, private tiled bathroom, and drinking fountains
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,495
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,900
$289.9K
Cap Rate 7%
$207,071
$207.1K
Cap Rate 9%
$161,056
$161.1K
Market Conditions
NOI Build-Up for 1,325 SF
Gross rent
$23.9K $18.00/SF
− Vacancy
−$1.6K −$1.17/SF
EGI
$22.3K $16.83/SF
− OpEx
−$7.8K −$5.89/SF
NOI
$14.5K $10.94/SF
Area
Lee County, FL
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,900
Cap Rate 7%
$207,071
Cap Rate 9%
$161,056
Alternative Uses
Best Use
Flex RnD
$207.1K
$181.2K – $241.6K
NOI $14,495 @ 7.0% cap · market cap 4.33%
Second Best
Industrial
$172.8K
$151.2K – $201.6K
NOI $12,096 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$417.0K
$364.9K – $486.5K
NOI $29,192 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
Balanced
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - The unit combines climate control, a private bathroom, and a layout that can accommodate front office partitions.
Where is this flex space located?
The property is located at 10801 Sunset Plaza CIR 1DB Fort Myers, FL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1,325 square feet of flex space; 10‑by‑12‑inch overhead rear door; Heating and air conditioning, private tiled bathroom, and drinking fountains
