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Gated Warehouse Unit

402-16255 Pine Ridge Rd, Fort Myers, FL 33908

For Sale
$449,000

A privately owned space with air conditioning and plumbing offers flexible warehouse utility in a controlled-access complex.

Property Size1,575 SF
Price / SF$285.08
Days on Market19

Property Features for 402-16255 Pine Ridge Rd

General Information

Standard status Active
Size 1,575 SF

Warehouse & Industrial

Clear Height 20 ft
Warehouse Space 1,575 SF
Conditioned Warehouse Yes

Additional Details

Property Use Warehouse

Taxes and HOA fees

Annual Taxes $464

Amenities

Gated complex
24-hour owner access
Listing Agency: Anchored Realty Of SWFL LLC
Listed By: Kelly Henderson · License #258027169
Source: Exprealty
Added: Oct 20 Changed: Nov 6 Last Checked: Nov 6 at 2:51PM

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 Anchored Realty Of SWFL LLC

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Investment Insights

Based on property information with market context.

This 1,575-square-foot warehouse unit is located in a gated complex in Fort Myers. It has a 16' x 16' overhead door, 20-foot ceilings, air conditioning, and plumbing. Mezzanine construction may be possible, subject to association restrictions and permitting requirements.

Owners have access to the complex 24 hours a day. The property is at 402-16255 Pine Ridge Rd, Fort Myers, FL.

Key Highlights

  • 1,575‑square‑foot warehouse unit
  • 16' x 16' overhead door
  • 20‑foot ceilings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,059
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,180 $321.2K
Cap Rate 7%
$229,414 $229.4K
Cap Rate 9%
$178,433 $178.4K
Market Conditions
NOI Build-Up for 1,575 SF
Gross rent
$19.8K $12.60/SF
− Vacancy
−$953 −$0.60/SF
EGI
$18.9K $12.00/SF
− OpEx
−$2.8K −$1.80/SF
NOI
$16.1K $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%
$321,180
Cap Rate 7%
$229,414
Cap Rate 9%
$178,433

Alternative Uses

Best Use
Warehouse
$229.4K
$200.7K – $267.7K (±1% cap)
NOI $16,059 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$495.7K
$433.8K – $578.3K (±1% cap)
NOI $34,700 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Building Supply Grocery & Convenience Store Auto Parts Store Gym & Fitness Center

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

20 ft
Clear height

Location Intelligence

Trade Area within ½ mile

830
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33908, FL

43,110
Population
32,067
Households
1.3
Avg Household Size
63
Median Age
44%
College-Educated
96%
High-School Grad
34.2 sq mi
ZIP Area
1,261
Density / Sq Mi
$74,711
Median Household Income
$50,063
Median Earnings
$1,829
Median Rent
$346,200
Median Home Value

Market

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

$237 Jul
$256 Aug
$262 Sep
$275 Oct

Properties on Market for Warehouses 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

  • CubeSmart Self Storage — 11591 Chitwood Dr, Fort Myers, FL 33908
  • Summerlin Self Storage — 16281 Pine Ridge Rd, Fort Myers, FL 33908
  • Island Storage Suites — 10950 Old S Way, Fort Myers, FL 33908
  • Hill Marine Service — 16100 Chitwood Dr, Fort Myers, FL 33908
  • Public Storage — 11181 Kelly Rd, Fort Myers, FL 33908

Frequently Asked Questions

What type of property is this?
Warehouse - A privately owned space with air conditioning and plumbing offers flexible warehouse utility in a controlled-access complex.
Where is this warehouse located?
The property is located at 402-16255 Pine Ridge Rd Fort Myers, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1,575‑square‑foot warehouse unit; 16' x 16' overhead door; 20‑foot ceilings
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Includes: Price & PSF · Cap rate · Location · Zoning

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