Eight-Unit
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 Market10
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 1
Last Checked: Oct 7 at 12:06AM
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 7,360 sf warehouse is arranged as eight units, with concrete walls dividing the bays. Four tenants occupy the building, which was constructed in 1989. The 1.23-acre property is fenced.
A rubber membrane roof and rooftop HVAC systems were installed in 2023. The property is located on Doug Taylor Circle in St. James City, on Pine Island.
A rubber membrane roof and rooftop HVAC systems were installed in 2023. The property is located on Doug Taylor Circle in St. James City, on Pine Island.
Key Highlights
- 7,360 sf warehouse on 1.23 acres
- Eight‑unit building leased to 4 tenants
- Concrete walls divide the warehouse bays
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.
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 - Four tenants occupy the building, with concrete partitions separating its warehouse bays.
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 warehouse on 1.23 acres; Eight‑unit building leased to 4 tenants; Concrete walls divide the warehouse bays
