Upgraded Flex
For Sale
$1,199,000
17000 Alico Commerce Court Unit 1800 - 101, Fort Myers, FL 33967
Combined office, showroom, and warehouse areas support customer-facing operations, administration, storage, and work functions.
Property Size3,442 SF
Price / SF$348.34
Days on Market64
Property Features for 17000 Alico Commerce Court Unit 1800 - 101
General Information
Standard status
Active
Size
3,442 SF
Class
Class A
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2008
Listing Agency:
ERA Lahaina Realty
Listed By:
Bev Larson · License #SL0416251
(239) 281-1290
Source:
Johnrwood
Added: Aug 18
Changed: Oct 19
Last Checked: Oct 19 at 10:07AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,442-square-foot flex condominium, built in 2008, combines finished office and showroom areas with a functional warehouse component. The front portion includes broad display windows, upgraded flooring, contemporary finishes, private offices, conference areas, and finished restrooms. The warehouse provides high ceilings, open storage or work space, and an overhead door for receiving and operations.
The property fronts Alico Road within Alico Commerce Center in Fort Myers, with access to I-75, Southwest Florida International Airport, Gulf Coast Town Center, FGCU, and the Alico Road/Three Oaks corridor. Its configuration accommodates a professional customer-facing area alongside back-of-house storage, equipment, distribution, or work space.
The property fronts Alico Road within Alico Commerce Center in Fort Myers, with access to I-75, Southwest Florida International Airport, Gulf Coast Town Center, FGCU, and the Alico Road/Three Oaks corridor. Its configuration accommodates a professional customer-facing area alongside back-of-house storage, equipment, distribution, or work space.
Key Highlights
- 3,442 SF flex condominium with office, showroom, and warehouse areas
- Alico Road frontage within Alico Commerce Center
- Warehouse includes high ceilings, open work or storage area, and overhead door access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,151
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,183,020
$1.2M
Cap Rate 7%
$845,014
$845.0K
Cap Rate 9%
$657,233
$657.2K
Market Conditions
NOI Build-Up for 3,442 SF
Gross rent
$85.9K $24.96/SF
− Vacancy
−$7.0K −$2.05/SF
EGI
$78.9K $22.91/SF
− OpEx
−$19.7K −$5.73/SF
NOI
$59.2K $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%
$1,183,020
Cap Rate 7%
$845,014
Cap Rate 9%
$657,233
Alternative Uses
Best Use
Office B
$845.0K
$739.4K – $985.9K
NOI $59,151 @ 7.0% cap · market cap 4.93%
Second Best
Retail
$645.0K
$564.4K – $752.6K
NOI $45,153 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$1.08M
$947.9K – $1.26M
NOI $75,834 @ 7.0% cap · market cap 6.32%
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
553
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
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- fibrre — 23050 Via Villagio #121, Estero, FL 33928
- Get Us Cooking LLC — 17051 Jean St, Fort Myers, FL 33967
Frequently Asked Questions
What type of property is this?
Flex space - Combined office, showroom, and warehouse areas support customer-facing operations, administration, storage, and work functions.
Where is this flex space located?
The property is located at 17000 Alico Commerce Court Unit 1800 - 101 Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 3,442 SF flex condominium with office, showroom, and warehouse areas; Alico Road frontage within Alico Commerce Center; Warehouse includes high ceilings, open work or storage area, and overhead door access
