Multi-Tenant
For Sale
$1,665,000
5476-5576 Doug Taylor Circle, St James City, FL 33956
CommercialSale, St James City, FL
Property Size7,360 SF
Lot Size1.23 Acres
Price / SF$226.22
Days on Market15
Property Features for 5476-5576 Doug Taylor Circle
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
IG
Fencing
Fenced
Directions
SR 78 west to Stringfellow Road - turn left and travel roughly 2,200 feet. Turn left at Doug Taylor Lane. Building will be on the left.
Subdivision
PI02 - Pine Island (South)
Standard status
Active
APN
28-44-22-00-00026.0120
Lot size
1.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PARL IN SW 1/4 OF SE 1/4 AS DESC IN OR 1912 PG 0465
Tax Annual Amount
1726
Legal Description
PARL IN SW 1/4 OF SE 1/4 AS DESC IN OR 1912 PG 0465
Building Details
Year built
1989
Floors in Building
1
Listing Agency:
Phil Deems Real Estate
(239) 945-4545
Listed By:
Phil Deems · License #252010067
(239) 994-4540
Added: Sep 28
Changed: Oct 12
Last Checked: Oct 12 at 4:06PM
MLS# 2026039939
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The warehouse contains 8 units within 7,360+/- sf of prestressed concrete construction. Concrete walls separate the bays, with four units oriented east and four west across a shared corridor. The property is zoned Industrial (IG) and is fully leased to 4 tenants.
A rubber membrane roof and rooftop HVAC systems were installed in 2023. The 1.23-acre site also includes 12,203 sf of paved blacktop and 180 linear feet of chain-link fencing.
A rubber membrane roof and rooftop HVAC systems were installed in 2023. The 1.23-acre site also includes 12,203 sf of paved blacktop and 180 linear feet of chain-link fencing.
Key Highlights
- 7,360+/- sf prestressed concrete warehouse with 8 units
- Fully leased to 4 tenants
- Industrial (IG) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,042
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,500,840
$1.5M
Cap Rate 7%
$1,072,029
$1.1M
Cap Rate 9%
$833,800
$833.8K
Market Conditions
NOI Build-Up for 7,360 SF
Gross rent
$92.7K $12.60/SF
− Vacancy
−$4.5K −$0.60/SF
EGI
$88.3K $12.00/SF
− OpEx
−$13.2K −$1.80/SF
NOI
$75.0K $10.20/SF
Area
Lee County, FL
Vacancy
4.80%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,500,840
Cap Rate 7%
$1,072,029
Cap Rate 9%
$833,800
Alternative Uses
Best Use
Warehouse
$1.07M
$938.0K – $1.25M
NOI $75,042 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M
NOI $162,156 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33956, FL
3,861
Population
3,600
Households
1.1
Avg Household Size
66
Median Age
24%
College-Educated
93%
High-School Grad
16.3 sq mi
ZIP Area
237
Density / Sq Mi
$64,539
Median Household Income
$31,701
Median Earnings
$2,259
Median Rent
$284,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Pine Island Storage — 5111 doug taylor cir, st james city, fl 33956
- 24/7 Store It — 5111 Doug Taylor Cir, St James City, FL 33956
Frequently Asked Questions
What type of property is this?
Warehouse - Concrete bay divisions and a shared corridor organize the building into separate warehouse units.
Where is this warehouse located?
The property is located at 5476-5576 Doug Taylor Circle St James City, FL.
What is the asking price?
The asking price for this property is $1,665,000.
What are key features of this property?
This property features: 7,360+/- sf prestressed concrete warehouse with 8 units; Fully leased to 4 tenants; Industrial (IG) zoning
