Flex Space with Private Fenced
For Sale
Contact for pricing
5811 Corporation Cir, Fort Myers, FL 33905
Light industrial flex building with a fully built-out office, warehouse space, and a private fenced yard for storage or expansion.
Property Size6,112 SF
Lot Size0.87 Acres
Price / SF$286.32
Days on Market285
Property Features for 5811 Corporation Cir
General Information
Standard status
Active
Size
6,112 SF
Total Parking Spaces
10
Lot size
0.87 Acres
Property subtype
INDUSTRIAL
Zoning
Light Industrial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
3,032 SF
Office Build-Out
3,080 SF
Building Details
Building Size
6,112 SF
Listing Agency:
Colliers | Fort Myers
(239) 418-0300
Listed By:
Dannielle Robinson · License #SL3279769
(239) 895-1052
Source:
Moodyscre
Added: Jan 19
Changed: Oct 26
Last Checked: Oct 30 at 1:29PM
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 Colliers | Fort Myers
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Investment Insights
Based on property information with market context.
This flex space property offers a mix of office and warehouse in one functional layout. The building area is 6,112 SF, including 3,080 SF of fully build-out office space and 3,032 SF of warehouse area with high ceilings. Operationally, the warehouse includes 2 roll up doors, supporting straightforward move-in and loading needs. Parking totals 10 spaces, plus additional space in the rear of the property.
The site includes a private fenced yard and excess land at the rear, which can support outside storage or future expansion. The property is zoned 4800 warehousing - Light Industrial, aligning it with light industrial uses.
Overall, this configuration is suited to tenants who need both dedicated office space and warehouse capacity, along with the ability to secure and utilize outdoor area on-site.
The site includes a private fenced yard and excess land at the rear, which can support outside storage or future expansion. The property is zoned 4800 warehousing - Light Industrial, aligning it with light industrial uses.
Overall, this configuration is suited to tenants who need both dedicated office space and warehouse capacity, along with the ability to secure and utilize outdoor area on-site.
Key Highlights
- 6,112 SF total flex building with 3,080 SF office and 3,032 SF warehouse
- Warehouse area with high ceilings
- 2 roll up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,862
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,240
$1.3M
Cap Rate 7%
$955,171
$955.2K
Cap Rate 9%
$742,911
$742.9K
Market Conditions
NOI Build-Up for 6,112 SF
Gross rent
$110.0K $18.00/SF
− Vacancy
−$7.2K −$1.17/SF
EGI
$102.9K $16.83/SF
− OpEx
−$36.0K −$5.89/SF
NOI
$66.9K $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%
$1,337,240
Cap Rate 7%
$955,171
Cap Rate 9%
$742,911
Alternative Uses
Best Use
Flex RnD
$955.2K
$835.8K – $1.11M
NOI $66,862 @ 7.0% cap · market cap 3.82%
Second Best
Warehouse
$890.2K
$779.0K – $1.04M
NOI $62,317 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,660 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33905, FL
37,692
Population
17,337
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
79%
High-School Grad
40.2 sq mi
ZIP Area
938
Density / Sq Mi
$70,009
Median Household Income
$36,923
Median Earnings
$1,509
Median Rent
$260,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Light industrial flex building with a fully built-out office, warehouse space, and a private fenced yard for storage or expansion.
Where is this flex space located?
The property is located at 5811 Corporation Cir Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 6,112 SF total flex building with 3,080 SF office and 3,032 SF warehouse; Warehouse area with high ceilings; 2 roll up doors
