Industrial Flex Space with
5483 Lee St, Lehigh Acres, FL 33971
For Sale
Contact for pricing
Flex space with an air-conditioned warehouse and spacious offices, plus two baths, zoned IL.
Property Size1,916 SF
Price / SF$234.34
Days on Market914
Property Features for 5483 Lee St
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Conditioned Warehouse
Building Details
Year Built
Buildings
Building Size
Listing Agency:
Sperry Commercial | The Signature Group
(239) 245-8398
Listed By:
Theresa Blauch-Mitchell, CCIM · License FL BK3202944
(239) 265-2628
Source:
Moodyscre
Added: May 13, 2024
Changed: Nov 8
Last Checked: Nov 12 at 9:18AM
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 Sperry Commercial | The Signature Group
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Investment Insights
Based on property information with market context.
Industrial flex space at 5483 Lee St in Lehigh Acres offers a versatile layout for light industrial and commercial uses. The property includes a 1,916 square foot building and an air-conditioned warehouse designed to support day-to-day work and operations.
The facility also features spacious office areas and two baths, providing practical separation between work and administrative space. Built in 2004, the building is positioned for functional, efficient occupancy.
Zoned IL, the property is intended to accommodate a diverse range of industrial and commercial endeavors. This combination of warehouse support and dedicated office space makes it suitable for businesses seeking a flexible setup on one site.
The facility also features spacious office areas and two baths, providing practical separation between work and administrative space. Built in 2004, the building is positioned for functional, efficient occupancy.
Zoned IL, the property is intended to accommodate a diverse range of industrial and commercial endeavors. This combination of warehouse support and dedicated office space makes it suitable for businesses seeking a flexible setup on one site.
Key Highlights
- 1,916 square foot industrial/flex building
- Air‑conditioned warehouse
- Spacious offices plus two baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,926
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,520
$658.5K
Cap Rate 7%
$470,371
$470.4K
Cap Rate 9%
$365,844
$365.8K
Market Conditions
NOI Build-Up for 1,916 SF
Gross rent
$47.8K $24.96/SF
− Vacancy
−$3.9K −$2.05/SF
EGI
$43.9K $22.91/SF
− OpEx
−$11.0K −$5.73/SF
NOI
$32.9K $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%
$658,520
Cap Rate 7%
$470,371
Cap Rate 9%
$365,844
Alternative Uses
Best Use
Office B
$470.4K
$411.6K – $548.8K
NOI $32,926 @ 7.0% cap · market cap 7.33%
Second Best
Warehouse
$381.7K
$334.0K – $445.3K
NOI $26,720 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$603.0K
$527.7K – $703.6K
NOI $42,213 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 33971, FL
26,333
Population
8,802
Households
3
Avg Household Size
33
Median Age
15%
College-Educated
85%
High-School Grad
17.0 sq mi
ZIP Area
1,549
Density / Sq Mi
$72,784
Median Household Income
$38,898
Median Earnings
$1,678
Median Rent
$271,900
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Lee County, FL
Properties on Market for Flex space in Lee County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with an air-conditioned warehouse and spacious offices, plus two baths, zoned IL.
Where is this flex space located?
The property is located at 5483 Lee St Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1,916 square foot industrial/flex building; Air‑conditioned warehouse; Spacious offices plus two baths
