Building Details

Building Size 1,250 SF

Listing Agency: SVN Commercial Partners

Listed By: Corrie Gates · License #FL #BK3073582 Show Phone

Source: Svncp

Added: Mar 6 Changed: Sep 7 Last Checked: Oct 5 at 3:17PM

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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

Investment Insights

Based on property information with market context.

This industrial condominium, located directly off Alico Road & CAM Court in Alico Enterprise Center, is available for immediate owner occupancy or investment. The unit features low HOA fees, bright LED lighting at night, 24/7 access, and surveillance. The property is approximately 1250 square feet, consisting of 250 square feet of air-conditioned office space and 1000 square feet of warehouse space (25' wide X 50' deep). The ceilings are 20 feet high, and the bay door is 10 X 16. The building features tilt wall construction. The unit next to this unit is also available for sale to make this a 2500 square foot unit in total. The property is currently vacant and can easily be rented at market rent.

Key Highlights

• Centrally located directly off Alico Road & CAM Court.
• Approx. 1250 sq ft with 250 sq ft of AC office space and 1000 sq ft of warehouse space.
• Immediate owner occupancy or investment opportunity.**

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$13,674

Cap Rate

3.65%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$273,480 $273.5K

Cap Rate 7%

$195,343 $195.3K

Cap Rate 9%

$151,933 $151.9K

Market Conditions

NOI Build-Up for 1,250 SF

Gross rent

$22.5K $18.00/SF

− Vacancy

−$1.5K −$1.17/SF

EGI

$21.0K $16.83/SF

− OpEx

−$7.4K −$5.89/SF

NOI

$13.7K $10.94/SF

Area

Lee County, FL

Vacancy

6.50%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$273,480

Cap Rate 7%

$195,343

Cap Rate 9%

$151,933

Alternative Uses

Best Use

Flex RnD

$195.3K

$170.9K – $227.9K (±1% cap)

NOI $13,674 @ 7.0% cap · market cap 3.65%

Second Best

Industrial

$163.0K

$142.6K – $190.2K (±1% cap)

NOI $11,411 @ 7.0% cap · market cap 3.04%

Theoretical Best

Office A

$393.4K

$344.3K – $459.0K (±1% cap)

NOI $27,540 @ 7.0% cap · market cap 7.34%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Becker Firm Law Firm USLFO Freight Service Regal Car Rental ... Car Rental Facility I Love Oils, ... Corporate Office O Snap Photo ... Photography Service

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center 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

566

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 Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Industrial condominium with office space available for immediate occupancy.

Where is this flex space located?

The property is located at 17030 Alico Commerce Court #313 Fort Myers, FL.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Centrally located directly off Alico Road & CAM Court.; Approx. 1250 sq ft with **250 sq ft of AC office space and 1000 sq ft of warehouse space.**; Immediate owner occupancy or investment opportunity.**