16121 Lee Fort Myers, FL
2,500 SF office condo with 100% office build-out.
Property Features for 16121 Lee
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 0.04 Acres
- Property subtype
- OFFICE
Listing office Lee & Associates | Fort Myers (239) 272-1215
Listing date Jun 30, 2025
Source Moodyscre
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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.
Key Highlights
- End‑unit condo
- 100% office build‑out
- Zoned IPD
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 |
