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Two-Story Industrial Warehouse
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2546 Franklin St, Fort Myers, FL 33901

Two-story industrial building with five large bay doors and warehouse plus office space on a gated, asphalted lot.

Property Size5,454 SF
Lot Size0.85 Acres
Price / SF$440.04
Days on Market522

Property Features for 2546 Franklin St

General Information

Standard status Active
Size 5,454 SF
Lot size 0.85 Acres
Property subtype INDUSTRIAL

Site & Location

Road Access Yes
Fenced Yard Yes

Building Details

Stories 2
Listing Agency: Mayhugh Commercial Advisors
Listed By: Chase Mayhugh, SIOR, CCIM · License #BK3053987
Source: Moodyscre
Added: Feb 24, 2025 Changed: Jul 28 Last Checked: Jul 31 at 4:31AM

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 Mayhugh Commercial Advisors

Investment Insights

Based on property information with market context.

Two-story industrial building totaling 5,454 square feet, built to support both warehouse and office functions. The facility is served by five large bay doors and sits on a fully asphalted, gated lot, offering a practical yard and loading configuration for day-to-day operations.

Located at 2546 Franklin St, the property is described as positioned between Franklin and Dora St, with drive-through access from both streets to support vehicle circulation and maneuverability.

As a single, self-contained industrial asset, it offers an adaptable layout for occupiers looking for on-site office space alongside warehouse capacity, backed by multiple loading points and a secured asphalt yard.

Key Highlights

  • 5,454 SF two‑story industrial building in Ft. Myers with warehouse and office space
  • Five large bay doors for loading and warehouse access
  • Fully asphalted, gated lot on 0.85 acres

Financial Insights For Office B

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 $136.1k $24.96
− Vacancy −$11.2k −$2.05
EGI $125.0k $22.91
− OpEx −$31.2k −$5.73
NOI $93.7k $17.18
5,454 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,727 @ 7.0% cap · market cap 3.91%
Second Best
Flex RnD
$852.3K
$745.8K – $994.4K (±1% cap)
NOI $59,664 @ 7.0% cap · market cap 2.49%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M (±1% cap)
NOI $120,163 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Traffic Safety Solutions, ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Gym & Fitness Center Storage Facility Veterinary Clinic (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
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,902
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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Two-story industrial building with five large bay doors and warehouse plus office space on a gated, asphalted lot.
Where is this flex space located?
The property is located at 2546 Franklin St Fort Myers, FL.
What is the asking price?
The asking price for this property is $2,399,999.
What are key features of this property?
This property features: 5,454 SF two‑story industrial building in Ft. Myers with warehouse and office space; Five large bay doors for loading and warehouse access; Fully asphalted, gated lot on 0.85 acres
(239) 898-9685 Call to check price and availability
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