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12,800 SF Fort Myers Facility

2020 Ortiz Avenue Fort Myers, FL 33905

2020 Ortiz Avenue, Fort Myers, FL, 33905
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For Sale
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1.63 AC facility with outdoor storage for sale.

Property Size12,800 SF
Lot Size1.63 Acres
Price / SF$335.94
AddedMay 14
Days on Market63
Last RefreshJul 14 at 10:21 pm

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

Listing date May 14, 2026

Source Crexi

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 Lee & Associates - Naples


Investment Insights

Based on property information with market context.

This 12,800 square foot facility, measuring 160 feet by 80 feet, is available for sale. Situated on 1.63 acres, the property includes an outdoor storage lot. The building features 800 square feet of office space and a clear span design with no columns. It offers a 20-foot clear height and includes two grade-level doors. Recent updates to the property include a new roof, an updated interior, new seal coat and striping, and new landscaping. The property is located on Ortiz Avenue in Fort Myers, Florida.

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
12,800 SF · lease $12.60/SF/yr · vacancy 4.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.86M
$1.63M – $2.18M (±1% cap)
NOI $130,508 @ 7.0% cap · market cap 3.04%
Second Best
Industrial
$1.67M
$1.46M – $1.95M (±1% cap)
NOI $116,847 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$4.03M
$3.53M – $4.70M (±1% cap)
NOI $282,010 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Suncoast Records Management ... Storage Facility Suncoast Moving & Storage, ... Moving Company

Suggested Use

Real Estate Agency Restaurant Electrical Service (Bike/Boat/Book/etc) Store Catering Service Tech Support Center Hotel & Motel Carpet & Flooring Store Furniture & Home Goods Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Tice Storage — 4514 Palm Beach Blvd, Fort Myers, FL 33905
  • Self Storage — 4522 Palm Beach Blvd, Fort Myers, FL 33905
  • Self Storage Unit Near Fort Myers — 4522 Palm Beach Blvd, Fort Myers, FL 33905
  • CubeSmart Self Storage — 4514 Palm Beach Blvd, Fort Myers, FL 33905

FAQs

What type of property is this?
Warehouse - 1.63 AC facility with outdoor storage for sale.
Where is this warehouse located?
The property is located at 2020 Ortiz Avenue Fort Myers, FL.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: 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.
Contact an agent
(239) 209-0458 Call to check price and availability
More about this property
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