3145 Royalston Avenue, Fort Myers, FL 33916
Versatile warehouse with open layout, storage outbuilding, and transferable event leases for a flexible business plan.
- Added:
- Apr 28, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 14 at 1:47 am
Property Features for 3145 Royalston Avenue
General Information
- Standard status
- Active
- Size
- 4,360 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing agent Julia Basora License #258015367 (239) 225-8231
Listing office Basora Investment Group LLC (239) 225-8231
Listing date Apr 28, 2026
Source Xome
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 Basora Investment Group LLC
HighLights
- Built in 1986 with an open‑concept layout and space designed for flexible use, from business to multifamily projects
- Currently home to the Fort Myers Power Squadron
- Event leases are transferrable to the new buyer or can be terminated upon sale
- Backs up to East Riverside Drive and has frontage on Royalston Avenue
- Storage outbuilding included
- Interior includes 3 guest facilities; no pool
Overview
The building backs up to East Riverside Drive and provides frontage on Royalston Avenue, supporting straightforward site access from the roadway. The public remarks also reference approved development across the street, indicating a planned residential project presence in the immediate area.
For buyers and operators seeking flexibility, the current open configuration can help accommodate different business functions, and the property is described as remodelable to support additional income opportunities. The combination of warehouse space, storage outbuilding, and the stated event lease structure can be relevant for owners looking to align the property with event programming and other commercial uses while retaining a single-site footprint.
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 | $78.5k | $18.00 |
| − Vacancy | −$5.1k | −$1.17 |
| EGI | $73.4k | $16.83 |
| − OpEx | −$25.7k | −$5.89 |
| NOI | $47.7k | $10.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.8508046
- Latitude
- 26.6575772
