Building Details

Year Built 1985

Listing Agency: Realty One Group MVP

Listed By: Brittany Carlson Show Phone

Source: Naplespropertyguide

Added: Dec 29, 2025 Changed: Oct 1 Last Checked: Oct 19 at 7:03AM

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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 Realty One Group MVP

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Investment Insights

Based on property information with market context.

A boutique salon space is available. The interior features a reception area, retail display shelving, and an open salon layout. The space offers a modern aesthetic with lighting, custom décor, and design elements. Large storefront windows provide natural light and visibility. Convenient parking is available for customers. The space is suitable for hair stylists, estheticians, lash artists, makeup studios, or other beauty professionals looking to establish or expand their brand. The location has a bike score of 71, indicating it is very bikeable, and a walk score of 13, indicating it is car-dependent. Salon equipment and business are not included; the lease is for the space only.

Key Highlights

• Move‑in ready boutique salon space, avoiding build‑out costs.
• Stylish and modern interior design with elegant lighting and custom decor.
• Welcoming reception area and retail display shelving.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$11,544

Cap Rate

5.77%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$230,880 $230.9K

Cap Rate 7%

$164,914 $164.9K

Cap Rate 9%

$128,267 $128.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 880 SF

Gross rent

$17.0K $19.32/SF

− Vacancy

−$510 −$0.58/SF

EGI

$16.5K $18.74/SF

− OpEx

−$4.9K −$5.62/SF

NOI

$11.5K $13.12/SF

Area

Lee County, FL

Vacancy

3.00%

Lease Rate

$19.32 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$230,880

Cap Rate 7%

$164,914

Cap Rate 9%

$128,267

Alternative Uses

Best Use

Retail

$164.9K

$144.3K – $192.4K (±1% cap)

NOI $11,544 @ 7.0% cap · market cap 5.77%

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

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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

577k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 28% Apparel 27% Superstores 15% Electronics 11%

Sam's Club Superstores

87,501 visits/mo 0.2 miles

Best Buy Electronics

52,227 visits/mo 0.3 miles

DICK'S Sporting Goods Apparel

47,923 visits/mo 0.5 miles

Marshalls Apparel

42,372 visits/mo 0.4 miles

Trader Joe's Groceries

39,034 visits/mo 0.5 miles

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 Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Stylish salon space with reception, retail display, and open layout.

Where is this retail space located?

The property is located at 5235 Ramsey Way Unit C1 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: Move‑in ready boutique salon space, avoiding build‑out costs.; Stylish and modern interior design with elegant lighting and custom decor.; Welcoming reception area and retail display shelving.