Standalone Office
For Sale
$629,000
1625 COLONIAL BLVD, Fort Myers, FL 33907
Standalone office building with an open layout, waiting area, multiple offices, meeting rooms, and parking.
Property Size1,702 SF
Price / SF$369.57
Days on Market114
Property Features for 1625 COLONIAL BLVD
General Information
Standard status
Active
Size
1,702 SF
Class
B
Total Parking Spaces
9
Property subtype
Office
Additional Details
Traffic Count
59,400 vehicles/day
Building Details
Building Size
1,702 SF
Year Built
1962
Listing Agency:
SVN - Commercial Partners | Fort Myers
Listed By:
Lisa Sands · License #BK562289
(239) 470-5582
Source:
Svn
Added: Jun 29
Changed: Oct 15
Last Checked: Oct 19 at 4:02AM
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 SVN - Commercial Partners | Fort Myers
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Investment Insights
Based on property information with market context.
This standalone office building offers approximately 1,702 square feet and features a concrete block and stucco exterior with an open layout. Interior highlights include a small waiting area, reception, four private offices, two conference or meeting rooms, two restrooms, and two kitchenettes. The space also benefits from lots of natural light.
The property is located at 1625 Colonial Blvd. Public remarks note convenient access to Central Fort Myers and Cape Coral, along with nearby Central Fort Myers and Cape Coral traffic counts cited as 59,400 cars per day (TCDS) for 2025. The site includes nine parking spaces plus four shared electronic pylon signage.
Overall, the configuration is suited for professional or medical office use, with multiple rooms to support client intake, meetings, and separate workspaces.
The property is located at 1625 Colonial Blvd. Public remarks note convenient access to Central Fort Myers and Cape Coral, along with nearby Central Fort Myers and Cape Coral traffic counts cited as 59,400 cars per day (TCDS) for 2025. The site includes nine parking spaces plus four shared electronic pylon signage.
Overall, the configuration is suited for professional or medical office use, with multiple rooms to support client intake, meetings, and separate workspaces.
Key Highlights
- Standalone office building built in 1962 at 1625 Colonial Blvd, approximately 1,702 SF
- Concrete block and stucco construction with an open layout plus waiting and reception areas
- Includes 4 private offices and 2 conference or meeting rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,249
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,980
$585.0K
Cap Rate 7%
$417,843
$417.8K
Cap Rate 9%
$324,989
$325.0K
Market Conditions
NOI Build-Up for 1,702 SF
Gross rent
$42.5K $24.96/SF
− Vacancy
−$3.5K −$2.05/SF
EGI
$39.0K $22.91/SF
− OpEx
−$9.7K −$5.73/SF
NOI
$29.2K $17.18/SF
Area
Lee County, FL
Vacancy
8.20%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,980
Cap Rate 7%
$417,843
Cap Rate 9%
$324,989
Alternative Uses
Best Use
Office B
$417.8K
$365.6K – $487.5K
NOI $29,249 @ 7.0% cap · market cap 4.65%
Second Best
Healthcare Medical
$304.3K
$266.3K – $355.1K
NOI $21,304 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$535.7K
$468.7K – $625.0K
NOI $37,498 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
59,400 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
2,038
Businesses Nearby
Explore this area
Business Placement
Demographics for 33907, FL
24,980
Population
14,125
Households
1.8
Avg Household Size
43
Median Age
26%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
3,422
Density / Sq Mi
$49,826
Median Household Income
$33,442
Median Earnings
$1,502
Median Rent
$236,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Standalone office building with an open layout, waiting area, multiple offices, meeting rooms, and parking.
Where is this office building located?
The property is located at 1625 COLONIAL BLVD Fort Myers, FL.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Standalone office building built in 1962 at 1625 Colonial Blvd, approximately 1,702 SF; Concrete block and stucco construction with an open layout plus waiting and reception areas; Includes 4 private offices and 2 conference or meeting rooms
