Fort Myers Industrial Warehouse
For Sale
$2,100,000
5826-5830 Corporation Circle, Fort Myers, FL 33905
10,000 SF industrial warehouse building in Fort Myers, FL.
Property Size10,000 SF
Price / SF$210
Days on Market217
Property Features for 5826-5830 Corporation Circle
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Industrial
Building Details
Building Size
10,000 SF
Listed By:
Brock Rasmussen, SIOR
(239) 209-0458
Source:
Lee-associates
Added: Mar 4
Changed: Sep 28
Last Checked: Oct 5 at 5:34PM
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 Brock Rasmussen, SIOR
Investment Insights
Based on property information with market context.
This property features a 10,000 square foot industrial warehouse building. It is located in the northwest quadrant of Interstate 75 and Luckett Road in Fort Myers, Florida.
Key Highlights
- 10,000 SF Industrial Warehouse Building
- Located in the NWQ of I‑75 & Luckett Rd
- Fort Myers, FL Location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,959
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,039,180
$2.0M
Cap Rate 7%
$1,456,557
$1.5M
Cap Rate 9%
$1,132,878
$1.1M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$126.0K $12.60/SF
− Vacancy
−$6.0K −$0.60/SF
EGI
$120.0K $12.00/SF
− OpEx
−$18.0K −$1.80/SF
NOI
$102.0K $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%
$2,039,180
Cap Rate 7%
$1,456,557
Cap Rate 9%
$1,132,878
Alternative Uses
Best Use
Warehouse
$1.46M
$1.27M – $1.70M
NOI $101,959 @ 7.0% cap · market cap 4.86%
Second Best
Industrial
$1.30M
$1.14M – $1.52M
NOI $91,287 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$3.15M
$2.75M – $3.67M
NOI $220,320 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Balanced
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
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
- Mr. Mover — 1685 Target Ct #24, Fort Myers, FL 33905
- Good Greek Moving & Storage Fort Myers — 6195 Tri County Cir Suite 400, Fort Myers, FL 33905
Frequently Asked Questions
What type of property is this?
Warehouse - 10,000 SF industrial warehouse building in Fort Myers, FL.
Where is this warehouse located?
The property is located at 5826-5830 Corporation Circle Fort Myers, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 10,000 SF Industrial Warehouse Building; Located in the NWQ of I‑75 & Luckett Rd; Fort Myers, FL Location
