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Industrial Property on Innovation Ln
For Sale
$13,613,600

Innovation Ln 500, Fort Myers, FL 33913

Industrial property available for sale on Innovation Ln, Fort Myers.

Property Size41,888 SF
Lot Size3.86 Acres
Days on Market315

Property Features for Innovation Ln 500

General Information

Standard status Active
Size 41,888 SF
Lot size 3.86 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $17,461

Building Details

Building Size 41,888 SF
Year Built 2025
Stories 1
Listing Agency: Bartley Realty LLLP
Listed By: David Bartley, Sr · License #249512089
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 8 Last Checked: Oct 7 at 1:15PM

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 Bartley Realty LLLP

Investment Insights

Based on property information with market context.

An industrial property is available for sale on Innovation Ln in Fort Myers, Florida. The list price is $13,613,600. The property is listed at $14.

Key Highlights

  • Year Built: 2025 (New Construction)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$382,383
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,647,660 $7.6M
Cap Rate 7%
$5,462,614 $5.5M
Cap Rate 9%
$4,248,700 $4.2M
Market Conditions
NOI Build-Up for 41,888 SF
Gross rent
$578.1K $13.80/SF
− Vacancy
−$31.8K −$0.76/SF
EGI
$546.3K $13.04/SF
− OpEx
−$163.9K −$3.91/SF
NOI
$382.4K $9.13/SF
Area
Lee County, FL
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,647,660
Cap Rate 7%
$5,462,614
Cap Rate 9%
$4,248,700

Alternative Uses

Best Use
Industrial
$5.46M
$4.78M – $6.37M (±1% cap)
NOI $382,383 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.18M
$11.54M – $15.38M (±1% cap)
NOI $922,876 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Industrial properties

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 33913, FL

28,216
Population
16,026
Households
1.8
Avg Household Size
54
Median Age
47%
College-Educated
95%
High-School Grad
101.0 sq mi
ZIP Area
279
Density / Sq Mi
$106,925
Median Household Income
$54,341
Median Earnings
$1,914
Median Rent
$439,200
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Industrial property - Industrial property available for sale on Innovation Ln, Fort Myers.
Where is this industrial property located?
The property is located at Innovation Ln 500 Fort Myers, FL.
What is the asking price?
The asking price for this property is $13,613,600.
What are key features of this property?
This property features: Year Built: 2025 (New Construction)
More about this property
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