Building Details

Year built 1985

Floors in Building 2

Listing Agency: Realty One Group MVP s***@rogmvp.net Show Phone

Listed By: Brittany Carlson Show Phone

Added: Jan 20 Changed: Oct 19 Last Checked: Oct 31 at 4:06AM

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MLS# 226003110

Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 880-square-foot office condominium at Clayton Court Office Center was built in 1985. Recent interior work includes new flooring, fresh paint, updated trim, and other improvements, creating an updated office environment.

The property is on Ramsey Way, just off Tamiami Trail/US-41 and near Boy Scout Road. Nearby businesses and services include Sam's Club, Best Buy, Sam's Plaza Shopping Center, restaurants, banks, retail stores, medical offices, and professional service providers.

Key Highlights

• 880‑square‑foot office condominium
• Recent updates include flooring, interior paint, and trim
• Built in 1985

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,123

Cap Rate

7.57%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$302,460 $302.5K

Cap Rate 7%

$216,043 $216.0K

Cap Rate 9%

$168,033 $168.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 880 SF

Gross rent

$22.0K $24.96/SF

− Vacancy

−$1.8K −$2.05/SF

EGI

$20.2K $22.91/SF

− OpEx

−$5.0K −$5.73/SF

NOI

$15.1K $17.18/SF

Area

Lee County, FL

Vacancy

8.20%

Lease Rate

$24.96 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$302,460

Cap Rate 7%

$216,043

Cap Rate 9%

$168,033

Alternative Uses

Best Use

Office B

$216.0K

$189.0K – $252.1K (±1% cap)

NOI $15,123 @ 7.0% cap · market cap 7.57%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$277.0K

$242.4K – $323.1K (±1% cap)

NOI $19,388 @ 7.0% cap · market cap 9.70%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Landsteiner Karl C Law Firm Brown Copiers and Office ... Computer & Electronic Repair Flat Charge Property ... Property Management Company E F Gaines ... Land Surveyor Open Enrollment Insurance ... Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Electrical Service Grocery & Convenience Store Storage Facility 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.

Location Intelligence

Trade Area within ½ mile

1,538

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

Market

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

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Frequently Asked Questions

What type of property is this?

Office unit - Updated interior finishes provide a professional setting within Clayton Court Office Center.

Where is this office unit located?

The property is located at 5235 Ramsey Way Fort Myers, FL.

What is the asking price?

The asking price for this property is $199,900.

What are key features of this property?

This property features: 880‑square‑foot office condominium; Recent updates include flooring, interior paint, and trim; Built in 1985