Warehouse Condo with Oversized Access
For Sale
$559,000
404-16255 Pine Ridge Rd, Fort Myers, FL 33908
Secure warehouse condo with soaring ceilings and oversized access doors, offering private space for vehicles and projects.
Property Size2,100 SF
Price / SF$266.19
Days on Market61
Property Features for 404-16255 Pine Ridge Rd
General Information
Standard status
Active
Size
2,100 SF
Amenities
soaring ceilings
expansive open space
oversized access doors
secure
low-maintenance
Listing Agency:
Royal Shell Real Estate, Inc.
(239) 850-7888
Listed By:
Michael McMurray · License #280500145
(239) 850-7888
Source:
Exprealty
Added: Jun 1
Changed: Jul 29
Last Checked: Jul 30 at 12:43PM
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 Royal Shell Real Estate, Inc.
Investment Insights
Based on property information with market context.
This warehouse condo is presented as a luxury garage condo with expansive, open interior space and soaring ceilings. The unit is described at 2,100 square feet and designed for flexible vehicle storage and hands-on projects, with oversized access doors for convenient movement in and out. The property is also described as secure and low-maintenance.
The layout is positioned as versatile for a wide range of uses, including vehicle storage with lifts and workshop space, recreational equipment storage, and a custom-designed second-floor mezzanine. Additional interior use ideas mentioned include a lounge area, sports bar, golf simulator, office, fitness space, or a private clubhouse.
Conveniently located at 404-16255 Pine Ridge Rd in Fort Myers, Florida, the property is described as having easy access to major roadways, supporting straightforward arrivals and departures for vehicles, equipment, and day-to-day use.
The layout is positioned as versatile for a wide range of uses, including vehicle storage with lifts and workshop space, recreational equipment storage, and a custom-designed second-floor mezzanine. Additional interior use ideas mentioned include a lounge area, sports bar, golf simulator, office, fitness space, or a private clubhouse.
Conveniently located at 404-16255 Pine Ridge Rd in Fort Myers, Florida, the property is described as having easy access to major roadways, supporting straightforward arrivals and departures for vehicles, equipment, and day-to-day use.
Key Highlights
- 2,100‑square‑foot luxury garage condo with expansive open space
- Soaring ceilings for an airy interior and flexible build‑out options
- Oversized access doors for convenient vehicle and equipment movement
Financial Insights For Retail
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 | $40.6k | $19.32 |
| − Vacancy | −$1.2k | −$0.58 |
| EGI | $39.4k | $18.74 |
| − OpEx | −$11.8k | −$5.62 |
| NOI | $27.5k | $13.12 |
2,100 SF · lease $19.32/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$393.5K
$344.4K – $459.1K
NOI $27,548 @ 7.0% cap · market cap 4.93%
Second Best
Warehouse
$305.9K
$267.6K – $356.9K
NOI $21,411 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$661.0K
$578.3K – $771.1K
NOI $46,267 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
830
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Properties on Market for Warehouses in Fort Myers
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Public Storage — 11181 Kelly Rd, Fort Myers, FL 33908
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- Island Storage Suites — 10950 Old S Way, Fort Myers, FL 33908
- Hill Marine Service — 16100 Chitwood Dr, Fort Myers, FL 33908
- CubeSmart Self Storage — 11591 Chitwood Dr, Fort Myers, FL 33908
Frequently Asked Questions
What type of property is this?
Warehouse - Secure warehouse condo with soaring ceilings and oversized access doors, offering private space for vehicles and projects.
Where is this warehouse located?
The property is located at 404-16255 Pine Ridge Rd Fort Myers, FL.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: 2,100‑square‑foot luxury garage condo with expansive open space; Soaring ceilings for an airy interior and flexible build‑out options; Oversized access doors for convenient vehicle and equipment movement
