Flex Space with Climate-Controlled
17000 Alico Commerce Court #1800 - 101, Fort Myers, FL 33967
For Sale
$1,149,000
A professional storefront pairs office and showroom areas with a climate-controlled warehouse and overhead-door access.
Property Size3,442 SF
Price / SF$333.82
Days on Market85
Property Features for 17000 Alico Commerce Court #1800 - 101
General Information
Standard status
Size
Class
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Conditioned Warehouse
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Stories
Listing Agency:
ERA Lahaina Realty
(239) 463-0000
Listed By:
Bev Larson · License FL SL0416251
(239) 281-1290
Source:
Islandexchangerealty
Added: Aug 20
Changed: Nov 11
Last Checked: Nov 11 at 11:08PM
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 ERA Lahaina Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2008, this 3,442-square-foot flex condominium combines office, showroom and warehouse functions. The storefront has large windows, while the office portion includes private office and conference areas, upgraded flooring and a finished restroom. The warehouse is climate controlled, has high ceilings and open work or storage area, and is served by an overhead door.
The property is in Alico Commerce Center, with frontage on Alico Road. I-75, Southwest Florida International Airport, Gulf Coast Town Center, FGCU and the Alico Road/Three Oaks corridor are described as minutes away.
The property is in Alico Commerce Center, with frontage on Alico Road. I-75, Southwest Florida International Airport, Gulf Coast Town Center, FGCU and the Alico Road/Three Oaks corridor are described as minutes away.
Key Highlights
- 3,442 SF flex condominium with office, showroom and warehouse areas
- Climate‑controlled warehouse with high ceilings, open work/storage area and overhead door
- Storefront with expansive windows and Alico Road frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,002
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,040
$960.0K
Cap Rate 7%
$685,743
$685.7K
Cap Rate 9%
$533,356
$533.4K
Market Conditions
NOI Build-Up for 3,442 SF
Gross rent
$59.1K $17.18/SF
− Vacancy
−$2.7K −$0.77/SF
EGI
$56.5K $16.41/SF
− OpEx
−$8.5K −$2.46/SF
NOI
$48.0K $13.95/SF
Area
Lee County, FL
Vacancy
4.50%
Lease Rate
$17.18 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,040
Cap Rate 7%
$685,743
Cap Rate 9%
$533,356
Alternative Uses
Best Use
Warehouse
$685.7K
$600.0K – $800.0K
NOI $48,002 @ 7.0% cap · market cap 4.18%
Second Best
Retail
$645.0K
$564.4K – $752.6K
NOI $45,153 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$1.08M
$947.9K – $1.26M
NOI $75,834 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,530
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33967, FL
28,174
Population
11,685
Households
2.4
Avg Household Size
35
Median Age
36%
College-Educated
92%
High-School Grad
7.6 sq mi
ZIP Area
3,707
Density / Sq Mi
$84,787
Median Household Income
$48,792
Median Earnings
$1,695
Median Rent
$321,800
Median Home Value
Market
Average Price Trend$/SF for Flex space in Fort Myers, FL
Properties on Market for Flex space in Fort Myers
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Best of the Best Distributors — 2737 Lafayette St, Fort Myers, FL 33916
- Crab Cake Hotline SWFL Food Truck — Fort Myers, FL 33901
- Q's Culinary Creations, LLC — Fort Myers, FL 33901
Frequently Asked Questions
What type of property is this?
Flex space - A professional storefront pairs office and showroom areas with a climate-controlled warehouse and overhead-door access.
Where is this flex space located?
The property is located at 17000 Alico Commerce Court #1800 - 101 Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: 3,442 SF flex condominium with office, showroom and warehouse areas; Climate‑controlled warehouse with high ceilings, open work/storage area and overhead door; Storefront with expansive windows and Alico Road frontage
