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    Flex Warehouse Building

    2119 Fowler Street Fort Myers, FL 33901

    2119 Fowler Street, Fort Myers, FL, 33901
    $899,000
    For Sale
    Claim this Listing
    $899,000

    COMMERCIAL - Fort Myers, FL

    Property Size4,850 SF
    Lot Size0.18 Acres
    Price / SF$185.36
    AddedSep 12, 2024
    Days on Market672
    Last RefreshJul 15 at 12:06 pm

    Property Features for 2119 Fowler Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    24-44-24-P2-01803.0280
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    ANDERSON HTS BLK 3 PB 3 PG 59 LT 28 + S 1 FT LT 29 DESC IN OR 1110 PG 732
    Tax Annual Amount
    5077

    Building Details

    Year built
    1949
    Floors in Building
    1

    Listing agent Phil Deems License #252010067

    Listing office Phil Deems Real Estate 2804 Del Prado Boulevard No. 202, Cape Coral, FL

    Listing date Sep 12, 2024

    MLS# 224074734

    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 CBS flex warehouse building totals 4,850 square feet, with approximately 2,500 square feet under air. The enclosed area includes an entryway, lobby, showroom, three offices, a conference room, and a kitchen. The remaining warehouse area features two workstation areas and a storage room.

    The building has 9' ceilings and one 10x8 overhead door, providing direct access to the warehouse space. The property is situated on Fowler Street in Fort Myers, Florida, and sits on a 0.178-acre lot.

    Key Highlights

    • 4,850 sf CBS building with Fowler Street frontage
    • Approximately 2,500 sf under air including lobby, showroom, offices, conference room, and kitchen
    • Includes 750 sf of air‑conditioned warehouse space

    Local Financial Insights For Flex RnD

    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 $87.3k $18.00
    − Vacancy −$5.7k −$1.17
    EGI $81.6k $16.83
    − OpEx −$28.6k −$5.89
    NOI $53.1k $10.94
    4,850 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 35.00%

    Alternative Uses

    Best Use
    Office B
    $1.19M
    $1.04M – $1.39M (±1% cap)
    NOI $83,347 @ 7.0% cap · market cap 9.27%
    Second Best
    Flex RnD
    $758.0K
    $663.2K – $884.3K (±1% cap)
    NOI $53,057 @ 7.0% cap · market cap 5.90%
    Theoretical Best
    Office A
    $1.53M
    $1.34M – $1.78M (±1% cap)
    NOI $106,855 @ 7.0% cap · market cap 11.89%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Chill Factor Performance Marketing & Advertising CRAZYARTSHIRTS Department Store

    Suggested Use

    Storage Facility Dental Office Veterinary Clinic Pharmacy (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store Acupuncture Pet Grooming Service Gym & Fitness Center

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

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    FAQs

    What type of property is this?
    Flex space - CBS flex warehouse with office and showroom buildout, 9' ceilings, and one 10x8 overhead door on Fowler Street.
    Where is this flex space located?
    The property is located at 2119 Fowler Street Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: 4,850 sf CBS building with Fowler Street frontage; Approximately 2,500 sf under air including lobby, showroom, offices, conference room, and kitchen; Includes 750 sf of air‑conditioned warehouse space
    Contact an agent
    (239) 945-4540
    We can help!
    Contact an agent
    Phil Deems
    Real Estate License ID: 252010067
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