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Former C-Store on Slater Road

16177 Slater Road North Fort Myers, FL 33917

16177 Slater Road, North Fort Myers, FL, 33917
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Former Circle K on almost 1 acre of land.

Property Size2,774 SF
Lot Size0.99 Acres
Price / SF$319.03
AddedMay 19
Days on Market58
Last RefreshJun 25 at 1:50 pm

Property Features for 16177 Slater Road

General Information

Standard status
Active
Size
2,774 SF
Lot size
0.99 Acres
Property subtype
Retail

Building Details

Year Built
1976

Listing office Integrity Real Estate

Listing date May 19, 2026

Source Crexi

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 Integrity Real Estate


Investment Insights

Based on property information with market context.

This commercial property, formerly a Circle K convenience store, is available for sale. The property size is 2774 square feet and it is situated on almost 1 acre of land.

Key Highlights

  • Former Circle K C‑Store
  • Almost 1 acre of land
  • Year Built: 1976

Local Financial Insights For Specialty Retail

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 $59.9k $21.60
− Vacancy −$1.2k −$0.43
EGI $58.7k $21.17
− OpEx −$14.7k −$5.29
NOI $44.0k $15.88
2,774 SF · lease $21.60/SF/yr · vacancy 2.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$629.1K
$550.5K – $734.0K (±1% cap)
NOI $44,040 @ 7.0% cap · market cap 4.98%
Second Best
Retail
$519.9K
$454.9K – $606.5K (±1% cap)
NOI $36,390 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$873.1K
$764.0K – $1.02M (±1% cap)
NOI $61,117 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Real Estate Agency Law Firm Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store Spa & Massage Center Storage Facility Gym & Fitness Center Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Grocery and convenience store - Former Circle K on almost 1 acre of land.
Where is this grocery and convenience store located?
The property is located at 16177 Slater Road North Fort Myers, FL.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Former Circle K C‑Store; Almost 1 acre of land; Year Built: 1976
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