1941 Custom Drive Fort Myers, FL 33907
Warehouse with office space and recent upgrades for sale.
Property Features for 1941 Custom Drive
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 0.32 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1974
Listing office Century 21 Selling Paradise (239) 699-5142
Listing date Feb 13, 2025
Source Exitrealty
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 Century 21 Selling Paradise
Investment Insights
Based on property information with market context.
Key Highlights
- Excellent location just off US 41 with C1 zoning
- Substantial 3404 Sq.Ft. warehouse space features new epoxy floor coating and LED lighting
- Recent upgrades include a new roof, new blacktop in the parking area, new paint, and updated 3‑phase electrical system
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.8k | $24.96 |
| − Vacancy | −$8.2k | −$2.05 |
| EGI | $91.7k | $22.91 |
| − OpEx | −$22.9k | −$5.73 |
| NOI | $68.7k | $17.18 |
Alternative Uses
Property Analytics
Current Use by Public Records
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