Two-Building Rail-Served
For Sale
Contact for pricing
Pending
2814 South St, Fort Myers, FL 33916
Two warehouse buildings with 3-phase 480V power and rail access; new roofs and siding are scheduled.
Property Size14,200 SF
Days on Market199
Property Features for 2814 South St
General Information
Standard status
Pending
Size
14,200 SF
Property subtype
INDUSTRIAL
Additional Details
Heavy Power
Yes
Listing Agency:
SVN - Commercial Partners | Port Charlotte
(800) 899-5564
Listed By:
Daniel Miller · License ##SL3472810
(239) 989-2040
Source:
Moodyscre
Added: Apr 15
Changed: Oct 25
Last Checked: Oct 30 at 5:11PM
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 SVN - Commercial Partners | Port Charlotte
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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 for-sale industrial property includes two warehouse buildings totaling 14,200 SF. The facility is served by 3-phase, 480V electrical service and offers rail access via the Seminole Gulf Railway. The seller has indicated that new roofs and siding are coming soon.
The property is available with owner financing, providing an alternative option for qualified buyers. Overall, it presents a straightforward warehouse configuration with both utility support and rail connectivity.
With two separate buildings on-site and upgrades planned to the exterior envelope, the site can support a range of warehouse-focused uses where rail-served logistics may be beneficial.
The property is available with owner financing, providing an alternative option for qualified buyers. Overall, it presents a straightforward warehouse configuration with both utility support and rail connectivity.
With two separate buildings on-site and upgrades planned to the exterior envelope, the site can support a range of warehouse-focused uses where rail-served logistics may be beneficial.
Key Highlights
- Two warehouse buildings totaling 14,200 SF
- 3‑phase 480V electrical service
- Rail access via Seminole Gulf Railway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$144,782
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,895,640
$2.9M
Cap Rate 7%
$2,068,314
$2.1M
Cap Rate 9%
$1,608,689
$1.6M
Market Conditions
NOI Build-Up for 14,200 SF
Gross rent
$178.9K $12.60/SF
− Vacancy
−$8.6K −$0.60/SF
EGI
$170.3K $12.00/SF
− OpEx
−$25.5K −$1.80/SF
NOI
$144.8K $10.20/SF
Area
Lee County, FL
Vacancy
4.80%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,895,640
Cap Rate 7%
$2,068,314
Cap Rate 9%
$1,608,689
Alternative Uses
Best Use
Warehouse
$2.07M
$1.81M – $2.41M
NOI $144,782 @ 7.0% cap · market cap 5.79%
Second Best
Industrial
$1.85M
$1.62M – $2.16M
NOI $129,628 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$4.47M
$3.91M – $5.21M
NOI $312,854 @ 7.0% cap · market cap 12.51%
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
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33916, FL
25,940
Population
12,480
Households
2.1
Avg Household Size
34
Median Age
21%
College-Educated
81%
High-School Grad
10.3 sq mi
ZIP Area
2,518
Density / Sq Mi
$49,353
Median Household Income
$32,770
Median Earnings
$1,363
Median Rent
$242,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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- Rv Storage — 2936 Hanson St, Fort Myers, FL 33916
- On Guard RV Boat Storage — 2950 Work Dr, Fort Myers, FL 33916
Frequently Asked Questions
What type of property is this?
Warehouse - Two warehouse buildings with 3-phase 480V power and rail access; new roofs and siding are scheduled.
Where is this warehouse located?
The property is located at 2814 South St Fort Myers, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Two warehouse buildings totaling 14,200 SF; 3‑phase 480V electrical service; Rail access via Seminole Gulf Railway
