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Flex Property with Upper-Floor Apartment

2134/2136 ALICIA ST, Fort Myers, FL 33901

For Sale
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Ground-floor office and warehouse areas sit beneath a second-floor apartment.

Property Size12,500 SF
Lot Size0.35 Acres
Price / SF$126.32
Days on Market41

Property Features for 2134/2136 ALICIA ST

General Information

Standard status Active
Size 12,500 SF
Lot size 0.35 Acres
Property subtype Industrial
Zoning DIST-IL

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Opportunity Zone No
Property Use Flex Warehouse

Building Details

Stories 2
Building Size 12,500 SF
Listing Agency: ACRE Expert LLC
Listed By: Drew Attias
Source: Crexi
Added: Oct 2 Changed: Nov 8 Last Checked: Nov 10 at 5:50AM

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 ACRE Expert LLC

Rey
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Investment Insights

Based on property information with market context.

This 12,500-square-foot flex property combines office and warehouse space on the first floor with an apartment above. The site encompasses 0.35 acre and carries DIST-IL zoning.

City water and sewer service are connected, as are electric service and road access. The property is outside a flood zone and has no wetlands.

Key Highlights

  • 12,500‑square‑foot flex property on 0.35 acre
  • First floor contains office and warehouse areas, with an apartment on the second floor
  • DIST‑IL zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$143,560
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,871,200 $2.9M
Cap Rate 7%
$2,050,857 $2.1M
Cap Rate 9%
$1,595,111 $1.6M
Market Conditions
NOI Build-Up for 12,500 SF
Gross rent
$214.8K $17.18/SF
− Vacancy
−$9.7K −$0.77/SF
EGI
$205.1K $16.41/SF
− OpEx
−$61.5K −$4.92/SF
NOI
$143.6K $11.48/SF
Area
Lee County, FL
Vacancy
4.50%
Lease Rate
$17.18 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,871,200
Cap Rate 7%
$2,050,857
Cap Rate 9%
$1,595,111

Alternative Uses

Best Use
Mixed Use
$3.15M
$2.75M – $3.67M (±1% cap)
NOI $220,313 @ 7.0% cap · market cap 13.95%
Second Best
Warehouse
$2.49M
$2.18M – $2.91M (±1% cap)
NOI $174,323 @ 7.0% cap · market cap 11.04%
Theoretical Best
Office A
$3.93M
$3.44M – $4.59M (±1% cap)
NOI $275,400 @ 7.0% cap · market cap 17.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Storage Facility Dental Office Veterinary Clinic Pharmacy (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,192
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33901, FL

22,629
Population
11,709
Households
1.9
Avg Household Size
43
Median Age
29%
College-Educated
83%
High-School Grad
6.2 sq mi
ZIP Area
3,650
Density / Sq Mi
$51,579
Median Household Income
$37,233
Median Earnings
$1,291
Median Rent
$280,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Fort Myers, FL

$197 Jul
$209 Aug
$213 Sep
$229 Oct

Properties on Market for Flex space in Fort Myers

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Best of the Best Distributors — 2737 Lafayette St, Fort Myers, FL 33916
  • Crab Cake Hotline SWFL Food Truck — Fort Myers, FL 33901
  • Q's Culinary Creations, LLC — Fort Myers, FL 33901

Frequently Asked Questions

What type of property is this?
Flex space - Ground-floor office and warehouse areas sit beneath a second-floor apartment.
Where is this flex space located?
The property is located at 2134/2136 ALICIA ST Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,579,000.
What are key features of this property?
This property features: 12,500‑square‑foot flex property on 0.35 acre; First floor contains office and warehouse areas, with an apartment on the second floor; DIST‑IL zoning
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