Flex Warehouse with Drive-Through
For Sale
$995,000
1931 Custom Drive, Fort Myers, FL 33907
CommercialSale, Fort Myers, FL
Property Size3,600 SF
Lot Size0.38 Acres
Price / SF$276.39
Days on Market49
Property Features for 1931 Custom Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
C-1
Fencing
Fenced
Subdivision
FM07 - Fort Myers Area
Standard status
Active
APN
11-45-24-00-00005.3020
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PARL IN N 1/2 OF SE 1/4 OF NE 1/4 SEC 11 TWP 45 R 24 DESC IN OR 1295 PG 1412
Tax Annual Amount
4724
Legal Description
PARL IN N 1/2 OF SE 1/4 OF NE 1/4 SEC 11 TWP 45 R 24 DESC IN OR 1295 PG 1412
Building Details
Year built
1985
Floors in Building
1
Listing Agency:
Phil Deems Real Estate
(239) 945-4545
Listed By:
Phil Deems · License #252010067
(239) 994-4540
Added: Aug 26
Changed: Oct 10
Last Checked: Oct 13 at 4:06PM
MLS# 2026036213
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,600-square-foot flex property is a concrete-block warehouse built in 1985. The building includes a private office and restroom and is configured for single-user occupancy without interior partitions or dividing walls. Its prior duplex design provides a flexible base for a range of commercial operations. Recent property improvements include fresh paint, new fencing and gates, asphalt paving, and stone surfacing. The site is fenced and includes outside storage, drive-through capability, and two 12' X 14' overhead doors.
The property is located across from Page Field airport along US-41 and the Tamiami Trail corridor in Fort Myers, Florida. Its physical layout supports warehouse, office, storage, and operational uses within one standalone flex building.
The property is located across from Page Field airport along US-41 and the Tamiami Trail corridor in Fort Myers, Florida. Its physical layout supports warehouse, office, storage, and operational uses within one standalone flex building.
Key Highlights
- 3,600‑square‑foot concrete‑block warehouse on a 0.3825‑acre site
- Two 12' X 14' overhead doors with drive‑through capability
- Private office and restroom; open interior without dividing walls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,382
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,640
$787.6K
Cap Rate 7%
$562,600
$562.6K
Cap Rate 9%
$437,578
$437.6K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$64.8K $18.00/SF
− Vacancy
−$4.2K −$1.17/SF
EGI
$60.6K $16.83/SF
− OpEx
−$21.2K −$5.89/SF
NOI
$39.4K $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%
$787,640
Cap Rate 7%
$562,600
Cap Rate 9%
$437,578
Alternative Uses
Best Use
Flex RnD
$562.6K
$492.3K – $656.4K
NOI $39,382 @ 7.0% cap · market cap 3.96%
Second Best
Warehouse
$524.4K
$458.8K – $611.8K
NOI $36,705 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$1.13M
$991.4K – $1.32M
NOI $79,315 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Drive-in doors
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,571
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33907, FL
24,980
Population
14,125
Households
1.8
Avg Household Size
43
Median Age
26%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
3,422
Density / Sq Mi
$49,826
Median Household Income
$33,442
Median Earnings
$1,502
Median Rent
$236,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- One Call Catering — 8359 Beacon Blvd Ste 618, Fort Myers, FL 33907
Frequently Asked Questions
What type of property is this?
Flex space - Concrete-block flex space with office, restroom, fenced storage, and adaptable single-user warehouse layout.
Where is this flex space located?
The property is located at 1931 Custom Drive Fort Myers, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 3,600‑square‑foot concrete‑block warehouse on a 0.3825‑acre site; Two 12' X 14' overhead doors with drive‑through capability; Private office and restroom; open interior without dividing walls
