Flex Space with Climate-Controlled
17000 Alico Commerce Ct #1800 - 101, Fort Myers, FL 33967
For Sale
$1,149,000
Office, showroom, and warehouse areas are combined in a commercial condominium with separate private office and conference spaces.
Property Size3,442 SF
Price / SF$333.82
Days on Market85
Property Features for 17000 Alico Commerce Ct #1800 - 101
General Information
Standard status
Size
Property subtype
Site & Location
Road Access
Mixed-Use Components
Additional Details
Conditioned Warehouse
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Stories
Tenancy
Listing Agency:
ERA Lahaina Realty
(239) 463-0000
Listed By:
Bev Larson · License FL SL0416251
(239) 281-1290
Source:
Jvegarealty
Added: Aug 20
Changed: Nov 12
Last Checked: Nov 12 at 1:41AM
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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Investment Insights
Based on property information with market context.
This 3,442-square-foot flex condominium pairs office and showroom space with a climate-controlled warehouse. The storefront has large windows, and the interior includes upgraded flooring, private office and conference areas, and finished restroom facilities. The warehouse provides open work and storage space, high ceilings, and an overhead door. Built in 2008, the unit is located in Alico Commerce Center.
The property has frontage on Alico Road, with access to I-75, Southwest Florida International Airport, Gulf Coast Town Center, FGCU, and the Alico Road and Three Oaks corridor described as minutes away.
The property has frontage on Alico Road, with access to I-75, Southwest Florida International Airport, Gulf Coast Town Center, FGCU, and the Alico Road and Three Oaks corridor described as minutes away.
Key Highlights
- 3,442‑square‑foot flex condominium built in 2008
- Climate‑controlled warehouse with high ceilings and overhead door
- Office and showroom areas with storefront windows
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
Single-tenant
Tenancy
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 - Office, showroom, and warehouse areas are combined in a commercial condominium with separate private office and conference spaces.
Where is this flex space located?
The property is located at 17000 Alico Commerce Ct #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‑square‑foot flex condominium built in 2008; Climate‑controlled warehouse with high ceilings and overhead door; Office and showroom areas with storefront windows
