Fort Myers Industrial
For Sale
$9,500,000
4599-4607 Fowler Street, Fort Myers, FL 33907
Five-building industrial asset with high visibility and excellent connectivity.
Property Size68,774 SF
Price / SF$138.13
Days on Market321
Property Features for 4599-4607 Fowler Street
General Information
Standard status
Active
Size
68,774 SF
Property subtype
Industrial
Building Details
Building Size
68,774 SF
Listing Agency:
Lee & Associates | Orlando
Listed By:
Brock Rasmussen, SIOR · License #3345374
(239) 209-0458
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Oct 6
Last Checked: Oct 12 at 6:34PM
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 Lee & Associates | Orlando
Investment Insights
Based on property information with market context.
This industrial asset comprises five buildings totaling 68,774 square feet, situated on 3.07 acres with frontage on Fowler Street. The property offers functionality, visibility, and access. The mix of industrial buildings includes showroom, warehouse, flex, and commercial spaces, featuring both grade-level and dock-high doors. The property is fully occupied, providing a steady income stream. All buildings have been well-maintained, enhancing curb and tenant appeal. The location experiences traffic counts exceeding 65,000 vehicles per day. Positioned between I-75 and US-41, the property provides regional connectivity throughout Southwest Florida. Located in Fort Myers, south of the Colonial Boulevard and Fowler Street intersection, the property offers local and regional connectivity. Tenants benefit from quick access to US-41, the Midpoint Bridge, and I-75 for efficient statewide distribution. The site is approximately 6.3 miles from the Colonial Boulevard/I-75 interchange and 24 minutes from Southwest International Airport (RSW).
Key Highlights
- 100% Occupied: Provides immediate and stable income stream.
- Excellent Location: Strategically positioned in Fort Myers with exceptional access to I‑75, US‑41.
- High Visibility: Frontage on Fowler Street with traffic counts exceeding 65,000 vehicles per day.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$752,353
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,047,060
$15.0M
Cap Rate 7%
$10,747,900
$10.7M
Cap Rate 9%
$8,359,478
$8.4M
Market Conditions
NOI Build-Up for 68,774 SF
Gross rent
$1.24M $18.00/SF
− Vacancy
−$80.5K −$1.17/SF
EGI
$1.16M $16.83/SF
− OpEx
−$405.1K −$5.89/SF
NOI
$752.4K $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%
$15,047,060
Cap Rate 7%
$10,747,900
Cap Rate 9%
$8,359,478
Alternative Uses
Best Use
Flex RnD
$10.75M
$9.40M – $12.54M
NOI $752,353 @ 7.0% cap · market cap 7.92%
Second Best
Warehouse
$10.02M
$8.77M – $11.69M
NOI $701,214 @ 7.0% cap · market cap 7.38%
Theoretical Best
Office A
$21.65M
$18.94M – $25.25M
NOI $1,515,229 @ 7.0% cap · market cap 15.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
1,308
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Industrial property - Five-building industrial asset with high visibility and excellent connectivity.
Where is this industrial property located?
The property is located at 4599-4607 Fowler Street Fort Myers, FL.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: 100% Occupied: Provides immediate and stable income stream.; Excellent Location: Strategically positioned in Fort Myers with exceptional access to I‑75, US‑41.; High Visibility: Frontage on Fowler Street with traffic counts exceeding 65,000 vehicles per day.
