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Built-Out Office Unit
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42-1-42 Barkley Cir, Fort Myers, FL 33907

Professional office suite with private rooms, meeting space, kitchenette, restrooms, and modern interior finishes.

Property Size20,590 SF
Price / SF$0.00
Days on Market53

Property Features for 42-1-42 Barkley Cir

General Information

Standard status Active
Size 20,590 SF
Zoning Neighborhood Commercial

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $48,493

Building Details

Construction Key West-style
Listing Agency: RE/MAX Realty Group
Listed By: Michael Frye · License #258000168
Source: Exprealty
Added: Sep 15 Changed: Nov 2 Last Checked: Nov 4 at 6:04PM

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 RE/MAX Realty Group

Rey
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Investment Insights

Based on property information with market context.

This 1,315± SF office unit is configured for professional or medical use and offers a ready-to-occupy layout. The suite includes three private offices, a conference room, kitchenette, and two restrooms, along with wood flooring and updated finishes. The surrounding complex has new metal roofs, city utilities, and Neighborhood Commercial zoning that supports office and medical applications.

Located in Fort Myers near Summerlin Road, the property sits between Colonial Blvd and Boy Scout Dr with convenient connections to major roads. Shared on-site parking serves the complex, which is adjacent to residential and retail amenities.

Key Highlights

  • 1,315± SF office suite with a fully built‑out interior
  • Three private offices, conference room, kitchenette, and two restrooms
  • Neighborhood Commercial zoning supports office and medical use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$257,729
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,154,580 $5.2M
Cap Rate 7%
$3,681,843 $3.7M
Cap Rate 9%
$2,863,656 $2.9M
Market Conditions
NOI Build-Up for 20,590 SF
Gross rent
$469.5K $22.80/SF
− Vacancy
−$39.9K −$1.94/SF
EGI
$429.5K $20.86/SF
− OpEx
−$171.8K −$8.34/SF
NOI
$257.7K $12.52/SF
Area
Lee County, FL
Vacancy
8.50%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,154,580
Cap Rate 7%
$3,681,843
Cap Rate 9%
$2,863,656

Alternative Uses

Best Use
Office B
$5.05M
$4.42M – $5.90M (±1% cap)
NOI $353,838 @ 7.0% cap · market cap 2,211,487.50%
Second Best
Healthcare Medical
$3.68M
$3.22M – $4.30M (±1% cap)
NOI $257,729 @ 7.0% cap · market cap 1,610,806.25%
Theoretical Best
Office A
$6.48M
$5.67M – $7.56M (±1% cap)
NOI $453,639 @ 7.0% cap · market cap 2,835,243.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Garden 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

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,000
Businesses Nearby

Demographics for 33907, FL

24,980
Population
14,125
Households
1.8
Avg Household Size
43
Median Age
26%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
3,422
Density / Sq Mi
$49,826
Median Household Income
$33,442
Median Earnings
$1,502
Median Rent
$236,700
Median Home Value

Market

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

$206 Jul
$181 Aug
$188 Sep
$181 Oct

Properties on Market for Office Units in Fort Myers

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Professional office suite with private rooms, meeting space, kitchenette, restrooms, and modern interior finishes.
Where is this office unit located?
The property is located at 42-1-42 Barkley Cir Fort Myers, FL.
What are key features of this property?
This property features: 1,315± SF office suite with a fully built‑out interior; Three private offices, conference room, kitchenette, and two restrooms; Neighborhood Commercial zoning supports office and medical use
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Includes: Price & PSF · Cap rate · Location · Zoning

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