5576 DOUG TAYLOR CIR, Saint James City, FL 33956

Building Details

Year Renovated 2023 More

Buildings 1 More

Building Size 7,360 SF More

Construction concrete More

Tenancy Multi More

Listing Agency: Phil Deems Real Estate

Listed By: phil deems · License FL #638811 Show Phone

Source: Crexi

Added: Oct 2 Changed: Nov 8 Last Checked: Nov 8 at 4:12PM

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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 Phil Deems Real Estate

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Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 7,360-square-foot industrial warehouse comprises eight units across 1.23 acres. Concrete walls separate the bays. A rubber membrane roof and rooftop HVAC systems were installed in 2023. The building is leased to four tenants, with one tenant occupying 4,600 square feet scheduled to vacate on or before April 30, 2028.

Located in Saint James City on Pine Island, the property offers bay areas ranging from 920 to 4,600 square feet, with the potential for additional space as occupancy changes.

Key Highlights

• 7,360‑square‑foot warehouse on 1.23 acres
• Eight units with concrete walls separating the bays
• Leased to 4 tenants; a 4,600‑square‑foot tenant is scheduled to vacate on or before April 30, 2028

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$102,642

Cap Rate

6.16%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,052,840 $2.1M

Cap Rate 7%

$1,466,314 $1.5M

Cap Rate 9%

$1,140,467 $1.1M

Is this asking price fair?

Market Conditions

NOI Build-Up for 7,360 SF

Gross rent

$126.4K $17.18/SF

− Vacancy

−$5.7K −$0.77/SF

EGI

$120.8K $16.41/SF

− OpEx

−$18.1K −$2.46/SF

NOI

$102.6K $13.95/SF

Area

Lee County, FL

Vacancy

4.50%

Lease Rate

$17.18 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,052,840

Cap Rate 7%

$1,466,314

Cap Rate 9%

$1,140,467

Alternative Uses

Best Use

Warehouse

$1.47M

$1.28M – $1.71M (±1% cap)

NOI $102,642 @ 7.0% cap · market cap 6.16%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$2.32M

$2.03M – $2.70M (±1% cap)

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

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Crews Remodeling Co Construction Company The Island Club Reservations ... Corporate Office Corset Making Supplies (Bike/Boat/Book/etc) Store Depth Ministries, Inc Association / Organization Griffin Trading Company ... Big Box & Wholesale Store

Suggested Use

Top Pick Auto Parts Store Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Market

Average Price Trend$/SF for Warehouses in Lee County, FL

$281 Jul

$216 Aug

$234 Sep

$243 Oct

Properties on Market for Warehouses in Lee County

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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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-divided bays and rooftop HVAC serve a multi-tenant warehouse on Pine Island.

Where is this warehouse located?

The property is located at 5576 DOUG TAYLOR CIR Saint 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‑square‑foot warehouse on 1.23 acres; Eight units with concrete walls separating the bays; Leased to 4 tenants; a 4,600‑square‑foot tenant is scheduled to vacate on or before April 30, 2028