Flex Space with Outdoor
New
For Sale
$1,999,000
3890 Veronica S Shoemaker Boulevard, Fort Myers, FL 33916
A mix of office and operational space is paired with land for equipment, vehicles, or other outdoor needs.
Property Size6,354 SF
Lot Size2.63 Acres
Price / SF$314.60
Days on Market4
Property Features for 3890 Veronica S Shoemaker Boulevard
General Information
Standard status
Active
Size
6,354 SF
Lot size
2.63 Acres
Property subtype
Industrial - Warehouse/Distribution
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Building Details
Building Size
6,354 SF
Year Built
1977
Units
1
Listing Agency:
Sea Glass Gulf Realty
Listed By:
Brandon Reitz · License #258024397
(239) 257-5095
Source:
Commercialcafe
Added: Oct 4
Last Checked: Oct 5 at 3:21PM
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 Sea Glass Gulf Realty
Investment Insights
Based on property information with market context.
This 6,354-square-foot flex property combines warehouse, production, and office areas. Built in 1977, the building sits on 2.63 acres, with land that can accommodate outdoor storage, equipment, or vehicle parking. The stated potential uses include contractor and building-trade operations, light manufacturing, distribution, and service businesses.
The property is on Veronica S. Shoemaker Boulevard in Fort Myers, within an industrial corridor near Winkler Avenue. Access connections include Colonial Boulevard, Dr. Martin Luther King Jr. Boulevard, and I-75. Downtown Fort Myers and Southwest Florida International Airport are also identified as nearby destinations, with regional connectivity to Cape Coral and Lehigh Acres.
The property is on Veronica S. Shoemaker Boulevard in Fort Myers, within an industrial corridor near Winkler Avenue. Access connections include Colonial Boulevard, Dr. Martin Luther King Jr. Boulevard, and I-75. Downtown Fort Myers and Southwest Florida International Airport are also identified as nearby destinations, with regional connectivity to Cape Coral and Lehigh Acres.
Key Highlights
- 6,354‑square‑foot flex building on 2.63 acres
- Warehouse, production, and office areas
- Land available for outdoor storage, equipment, and vehicle parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,510
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,390,200
$1.4M
Cap Rate 7%
$993,000
$993.0K
Cap Rate 9%
$772,333
$772.3K
Market Conditions
NOI Build-Up for 6,354 SF
Gross rent
$114.4K $18.00/SF
− Vacancy
−$7.4K −$1.17/SF
EGI
$106.9K $16.83/SF
− OpEx
−$37.4K −$5.89/SF
NOI
$69.5K $10.94/SF
Area
Lee County, FL
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,390,200
Cap Rate 7%
$993,000
Cap Rate 9%
$772,333
Alternative Uses
Best Use
Flex RnD
$993.0K
$868.9K – $1.16M
NOI $69,510 @ 7.0% cap · market cap 3.48%
Second Best
Warehouse
$925.5K
$809.8K – $1.08M
NOI $64,785 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $139,991 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - A mix of office and operational space is paired with land for equipment, vehicles, or other outdoor needs.
Where is this flex space located?
The property is located at 3890 Veronica S Shoemaker Boulevard Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 6,354‑square‑foot flex building on 2.63 acres; Warehouse, production, and office areas; Land available for outdoor storage, equipment, and vehicle parking
