2020 Ortiz Avenue Fort Myers, FL 33905
1.63 AC facility with outdoor storage for sale.
Property Features for 2020 Ortiz Avenue
General Information
- Standard status
- Active
- Size
- 12,800 SF
- Lot size
- 1.63 Acres
- Property subtype
- Industrial
Listing office Lee & Associates - Naples (239) 209-0458
Listing date May 14, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- 12,800 SF facility on 1.63 AC with outdoor storage.
- Clear span building (no columns) with 20’ clear height.
- New roof, updated interior, new seal coat & striping, and new landscaping.
Local Financial Insights For Warehouse
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 | $161.3k | $12.60 |
| − Vacancy | −$7.7k | −$0.60 |
| EGI | $153.5k | $12.00 |
| − OpEx | −$23.0k | −$1.80 |
| NOI | $130.5k | $10.20 |
Alternative Uses
Property Analytics
Current Use by Public Records
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