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Large Industrial Flex Building

5100 Tice St Fort Myers, FL

5100 Tice St, Fort Myers, FL, 00000
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Spacious 125,639 SF industrial flex building for sale.

Property Size125,639 SF
Lot Size11.85 Acres
Price / SF$143.27
AddedNov 25, 2025
Days on Market232
Last RefreshMay 20 at 8:27 pm

Property Features for 5100 Tice St

General Information

Standard status
Active
Size
125,639 SF
Lot size
11.85 Acres
Property subtype
INDUSTRIAL

Listing office Trinity Commercial Group, Inc.

Listing date Nov 25, 2025

Source Moodyscre

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 Trinity Commercial Group, Inc.


Investment Insights

Based on property information with market context.

This industrial flex building features a reinforced concrete slab on grade and is primarily constructed with a steel frame, with some sections using concrete block. Wall heights range from approximately 10 feet to 22 feet. Approximately 80% of the building is air conditioned via a recently added chiller system, with the chiller yard situated on the west side and roof-mounted compressor units across various sections. Fire sprinklers are installed in approximately 96% of the building, and a fire alarm system covers the entire premises. Originally designed as a multi-tenant building, it has separate electrical meters. The main entrance and administration offices are located on the northwest side. The northeast side houses an educational wing with classrooms, offices, locker rooms, a kitchen, and restrooms. The central and south portions contain both air-conditioned and non-air-conditioned warehouses, complete with associated offices, breakrooms, and restrooms. These warehouses are equipped with 15 overhead doors, including 10 dock-height truck wells. A security system with keypads is also in place. This is one of the larger single-tenant industrial flex buildings of its size in northern Lee County.

Key Highlights

  • Large single‑tenant industrial flex building in northern Lee County.
  • Approximately 80% air conditioned via recently added chiller system.
  • Equipped with 15 overhead doors, including 10 dock height truck wells.

Local Financial Insights For Flex RnD

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 $2.26M $18.00
− Vacancy −$147.0k −$1.17
EGI $2.11M $16.83
− OpEx −$740.1k −$5.89
NOI $1.37M $10.94
125,639 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$19.63M
$17.18M – $22.91M (±1% cap)
NOI $1,374,428 @ 7.0% cap · market cap 7.64%
Second Best
Warehouse
$18.30M
$16.01M – $21.35M (±1% cap)
NOI $1,281,005 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$39.54M
$34.60M – $46.13M (±1% cap)
NOI $2,768,078 @ 7.0% cap · market cap 15.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

T K Machine ... Industrial Manufacturer Shop Goodwill SWFL Marketing & Advertising Goodwill Outlets Discount Store Pathways to Opportunity Social Service Agency

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Pharmacy Hair Salon Nail Salon Gym & Fitness Center Skin Care Clinic Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Spacious 125,639 SF industrial flex building for sale.
Where is this flex space located?
The property is located at 5100 Tice St Fort Myers, FL.
What is the asking price?
The asking price for this property is $18,000,000.
What are key features of this property?
This property features: Large single‑tenant industrial flex building in northern Lee County.; Approximately 80% air conditioned via recently added chiller system.; Equipped with 15 overhead doors, including 10 dock height truck wells.
Contact an agent
(954) 520-7692 Call to check price and availability
More about this property
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