Flex Condominium with
210-8801 Business Park Dr, Fort Myers, FL 33912
For Sale
$625,000
Office, reception, and warehouse areas are paired with utility connections and grade-level loading access.
Property Size2,443 SF
Price / SF$255.83
Days on Market34
Property Features for 210-8801 Business Park Dr
General Information
Standard status
Size
Site & Location
Highway Access
Utilities to Site
Warehouse & Industrial
Clear Height
Mezzanine
Drive-In Doors
Additional Details
Asking Price
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Year Renovated
Construction
Listing Agency:
William Raveis Real Estate
(239) 364-6635
Listed By:
Edward Burnham · License #3483937
(239) 734-0776
Source:
Exprealty
Added: Oct 7
Changed: Nov 8
Last Checked: Nov 8 at 2:20PM
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 William Raveis Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,443-square-foot flex condominium combines a finished office area with open warehouse space. The front includes two private offices, a reception or showroom area, and a restroom. At the rear, a 500-square-foot mezzanine with built-in stairs adds usable area. The warehouse has 24-foot clear ceilings and a 13-foot grade-level overhead door. Concrete block construction is topped by a metal roof, with the roof and exterior painting redone in 2025. The effective year built is 2020; the original building dates to 2008.
The property is in Alico Road Business Park, with access to I-75 and US-41 and proximity to Southwest Florida International Airport. Electric, water, sewer, and telecommunications service are available, along with convenient parking.
The property is in Alico Road Business Park, with access to I-75 and US-41 and proximity to Southwest Florida International Airport. Electric, water, sewer, and telecommunications service are available, along with convenient parking.
Key Highlights
- 2,443‑square‑foot flex condominium with office and warehouse areas
- Two private offices, reception or showroom space, and a restroom
- 500‑square‑foot mezzanine accessed by built‑in stairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,070
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,400
$681.4K
Cap Rate 7%
$486,714
$486.7K
Cap Rate 9%
$378,556
$378.6K
Market Conditions
NOI Build-Up for 2,443 SF
Gross rent
$42.0K $17.18/SF
− Vacancy
−$1.9K −$0.77/SF
EGI
$40.1K $16.41/SF
− OpEx
−$6.0K −$2.46/SF
NOI
$34.1K $13.95/SF
Area
Lee County, FL
Vacancy
4.50%
Lease Rate
$17.18 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,400
Cap Rate 7%
$486,714
Cap Rate 9%
$378,556
Alternative Uses
Best Use
Warehouse
$486.7K
$425.9K – $567.8K
NOI $34,070 @ 7.0% cap · market cap 5.45%
Second Best
Industrial
$400.8K
$350.7K – $467.6K
NOI $28,057 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$768.9K
$672.8K – $897.1K
NOI $53,824 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
24 ft
Clear height
1
Drive-in doors
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33912, FL
19,146
Population
12,078
Households
1.6
Avg Household Size
61
Median Age
48%
College-Educated
97%
High-School Grad
21.2 sq mi
ZIP Area
903
Density / Sq Mi
$101,043
Median Household Income
$54,143
Median Earnings
$1,653
Median Rent
$367,800
Median Home Value
Market
Average Price Trend$/SF for Flex space in Fort Myers, FL
Properties on Market for Flex space in Fort Myers
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office, reception, and warehouse areas are paired with utility connections and grade-level loading access.
Where is this flex space located?
The property is located at 210-8801 Business Park Dr Fort Myers, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,443‑square‑foot flex condominium with office and warehouse areas; Two private offices, reception or showroom space, and a restroom; 500‑square‑foot mezzanine accessed by built‑in stairs
