Lehigh Acres Industrial/Flex
For Sale
$449,000
5483 Lee St Ste 10, Lehigh Acres, FL 33971
1916 sqft industrial/flex space in Lehigh Acres, Florida.
Property Size1,916 SF
Price / SF$234.34
Days on Market208
Property Features for 5483 Lee St Ste 10
General Information
Standard status
Active
Size
1,916 SF
Property subtype
Industrial
Building Details
Building Size
1,916 SF
Year Built
2004
Listing Agency:
Sperry Commercial | The Signature Group
Listed By:
Theresa Blauch-Mitchell, CCIM · License #FL #BK3202944
(239) 265-2628
Source:
Sperrycga
Added: Mar 26
Changed: Oct 15
Last Checked: Oct 19 at 4:12AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,916 square foot industrial/flex space is located in Lehigh Acres. Constructed in 2004, the property is zoned IL, accommodating a range of industrial and commercial uses. The building features an air-conditioned warehouse and spacious offices, along with two bathrooms. This well-maintained property is suitable for various business operations, offering a versatile environment for industrial and commercial endeavors.
Key Highlights
- Versatile 1,916 sq ft industrial/flex space suitable for various business operations.
- Zoned IL, accommodating a diverse range of industrial and commercial uses.
- Features an air‑conditioned warehouse and spacious offices.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,960
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,200
$419.2K
Cap Rate 7%
$299,429
$299.4K
Cap Rate 9%
$232,889
$232.9K
Market Conditions
NOI Build-Up for 1,916 SF
Gross rent
$34.5K $18.00/SF
− Vacancy
−$2.2K −$1.17/SF
EGI
$32.2K $16.83/SF
− OpEx
−$11.3K −$5.89/SF
NOI
$21.0K $10.94/SF
Area
Lee County, FL
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,200
Cap Rate 7%
$299,429
Cap Rate 9%
$232,889
Alternative Uses
Best Use
Flex RnD
$299.4K
$262.0K – $349.3K
NOI $20,960 @ 7.0% cap · market cap 4.67%
Second Best
Industrial
$249.9K
$218.6K – $291.5K
NOI $17,491 @ 7.0% cap · market cap 3.90%
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.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - 1916 sqft industrial/flex space in Lehigh Acres, Florida.
Where is this flex space located?
The property is located at 5483 Lee St Ste 10 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: Versatile 1,916 sq ft industrial/flex space suitable for various business operations.; Zoned IL, accommodating a diverse range of industrial and commercial uses.; Features an air‑conditioned warehouse and spacious offices.
