Building Details

Building Size 2,100 SF

Year Built 2026

Listing Agency: Royal Shell Real Estate, Inc.

Listed By: Michael McMurray · License #280500145 Show Phone

Source: Kwelevate

Added: Mar 26 Changed: Oct 13 Last Checked: Oct 25 at 1:33AM

Report an Issue

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 Royal Shell Real Estate, Inc.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Signature Storage Suites, a twin sister to the adjacent Island Storage Suites, offers a man-cave experience for individuals seeking a luxurious lifestyle. Located along Pine Ridge Road in Fort Myers, the suites provide access to Florida beaches and Sanibel/Captiva Islands. Upon completion, the project will consist of 3 buildings. These suites offer secure storage for boats, RVs, and cars, and can serve as a Class-A getaway for individuals. The community hosts private concerns, charity events, BBQs, and gatherings. Units are delivered as vanilla shells with concrete floors, plumbing stubbed, and electrical hook-up. Unit sizes are 2,100 square feet. Units can be delivered with a wide array of unique features and customization options. The units are priced at $525,000 and will be delivered in May 2025.

Key Highlights

• Ultra‑luxe, customizable "man‑cave" storage suites for luxury toys.
• 2,100 sq ft units offering secure storage and a Class‑A getaway space.
• Located on Pine Ridge Road in Fort Myers, providing quick access to Florida beaches and Sanibel/Captiva Islands.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$22,147

Cap Rate

3.96%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$442,940 $442.9K

Cap Rate 7%

$316,386 $316.4K

Cap Rate 9%

$246,078 $246.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,100 SF

Gross rent

$34.0K $16.20/SF

− Vacancy

−$2.4K −$1.13/SF

EGI

$31.6K $15.07/SF

− OpEx

−$9.5K −$4.52/SF

NOI

$22.1K $10.55/SF

Area

Lee County, FL

Vacancy

7.00%

Lease Rate

$16.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$442,940

Cap Rate 7%

$316,386

Cap Rate 9%

$246,078

Alternative Uses

Best Use

Self Storage

$316.4K

$276.8K – $369.1K (±1% cap)

NOI $22,147 @ 7.0% cap · market cap 3.96%

Second Best

Industrial

$273.9K

$239.6K – $319.5K (±1% cap)

NOI $19,170 @ 7.0% cap · market cap 3.43%

Theoretical Best

Office A

$661.0K

$578.3K – $771.1K (±1% cap)

NOI $46,267 @ 7.0% cap · market cap 8.28%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Bakery Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

551

Businesses Nearby

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

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Similar For Sale Nearby

See more

Leased Flex Space Investment

16330 Innovation Ln, Fort Myers, FL 33913

$600,000

0.05 Acres

View details

Flex Space with Grade-Level Door

12940 Express Ct B12, Fort Myers, FL 33913

$569,000

1,975 SF

View details

Flex Space with Grade-Level Access

B12-12940 Express Ct, Fort Myers, FL 33912

$569,000

1,975 SF

View details

Drive-Through Flex Space

12300 Itec Park Dr, Fort Myers, FL 33913

$550,000

0.44 Acres

View details

Climate-Controlled Self-Storage Unit

9946 Tuscany, Fort Myers, FL 33967

$807,000

2,013 SF

View details

Luxury Auto Storage Community

9946 Tuscany A, Fort Myers, FL 33967

$879,000

4.75 Acres

View details

Industrial Flex Condominium Unit

8801 Business Park Drive, Fort Myers, FL 33912

$640,000

2,500 SF

View details

Self Storage Warehouse Unit with Loft

206-9946 Via Tuscany Ln, Fort Myers, FL 33913

$1,117,000

2,150 SF

View details

Renovated Flex Space

3616 Broadway, Fort Myers, FL 33901

$899,000

2,300 SF

View details

Upgraded Vehicle Storage Unit

100-18950 S Tamiami Trl, Fort Myers, FL 33903

$624,000

2,900 SF

View details

Flex Space with Roll-Up Door

13861 Plantation Road, Fort Myers, FL 33912

$649,999

0.38 Acres

View details

Industrial-Flex Condominium Unit

A26-12960 Commerce Lakes Dr, Fort Myers, FL 33913

$379,000

1,475 SF

View details

Frequently Asked Questions

What type of property is this?

Self storage facility - Ultra-luxe storage suites for secure storage and Class-A getaway.

Where is this self storage facility located?

The property is located at 16255 Pine Ridge RD 404 Fort Myers, FL.

What is the asking price?

The asking price for this property is $559,000.

What are key features of this property?

This property features: Ultra‑luxe, customizable "man‑cave" storage suites for luxury toys.; 2,100 sq ft units offering secure storage and a Class‑A getaway space.; Located on Pine Ridge Road in Fort Myers, providing quick access to Florida beaches and Sanibel/Captiva Islands.