End-Unit Condo For
16121 Lee Rd Fort Myers, FL 33912
16121 Lee Rd, Fort Myers, FL, 33912
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For Sale
Contact for pricing
Office condo with new paint and 100% office build-out.
Property Size2,500 SF
Price / SF$260
Days on Market384
Property Features for 16121 Lee Rd
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Industrial, Office
Building Details
- Year Built
- 2008
Listing Agency
Lee & Associates - Fort Myers
Listed by
Frank Martone · License #SL3525937
Source
Crexi
Added: Jun 30, 2025 Checked: Jul 17 at 1:53 pm
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 - Fort Myers
Investment Insights
Based on property information with market context.
This end-unit condominium, built in 2008, is available for sale. The property features new paint throughout. The space is 100% office build-out and is fully sprinklered. The property is zoned IPD. The property size is 2500 square feet.
Key Highlights
- End‑unit condo offering enhanced privacy.
- 100% office build‑out, ready for immediate occupancy.
- Brand new paint throughout provides a fresh, modern feel.
Local Financial Insights For Office B
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 | $62.4k | $24.96 |
| − Vacancy | −$5.1k | −$2.05 |
| EGI | $57.3k | $22.91 |
| − OpEx | −$14.3k | −$5.73 |
| NOI | $43.0k | $17.18 |
2,500 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$613.7K
$537.0K – $716.0K
NOI $42,962 @ 7.0% cap · market cap 6.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$786.9K
$688.5K – $918.0K
NOI $55,080 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Algenol Biotech
Corporate Office
GCM Contracting Solutions, ...
Construction Company
ASAR
Marina
Pilotcar EV Inc.
Golf Cart Dealer
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office condo with new paint and 100% office build-out.
Where is this office units located?
The property is located at 16121 Lee Rd Fort Myers, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: End‑unit condo offering enhanced privacy.; 100% office build‑out, ready for immediate occupancy.; Brand new paint throughout provides a fresh, modern feel.
