Office/Warehouse Flex
For Sale
Contact for pricing
5893 Enterprise Pkwy, Fort Myers, FL 33905
Flex office/warehouse with two updated office areas, a dedicated truckwell, and five roll-up loading doors.
Property Size20,000 SF
Price / SF$240
Days on Market210
Property Features for 5893 Enterprise Pkwy
General Information
Standard status
Active
Size
20,000 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
5
Building Details
Building Size
20,000 SF
Listing Agency:
Lee & Associates | Orlando
(321) 281-8500
Listed By:
Brock Rasmussen · License #3345374
(239) 209-0458
Source:
Moodyscre
Added: Mar 12
Changed: Oct 3
Last Checked: Oct 5 at 7:58PM
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 Lee & Associates | Orlando
Investment Insights
Based on property information with market context.
This office/warehouse flex building includes modernized office buildout with two separate updated office areas. The industrial portion is supported by a dedicated truckwell for shipping and receiving and offers ample outdoor storage for operational flexibility. Vehicle access is provided by five 12' x 14' roll-up doors, supporting loading, staging, and equipment entry.
The property is located in Billy Creek Commerce Park and is described as just minutes from I-75. The overall configuration is designed to accommodate both office functions and day-to-day warehouse and distribution activity.
For buyers seeking a combined work-and-storage layout, this 20,000± SF facility provides multiple loading points, separated office space, and exterior storage space alongside its warehouse operations.
The property is located in Billy Creek Commerce Park and is described as just minutes from I-75. The overall configuration is designed to accommodate both office functions and day-to-day warehouse and distribution activity.
For buyers seeking a combined work-and-storage layout, this 20,000± SF facility provides multiple loading points, separated office space, and exterior storage space alongside its warehouse operations.
Key Highlights
- 20,000± SF office/warehouse in Billy Creek Commerce Park
- Two separate, updated office areas
- Dedicated truckwell for efficient shipping and receiving
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$343,699
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,873,980
$6.9M
Cap Rate 7%
$4,909,986
$4.9M
Cap Rate 9%
$3,818,878
$3.8M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$499.2K $24.96/SF
− Vacancy
−$40.9K −$2.05/SF
EGI
$458.3K $22.91/SF
− OpEx
−$114.6K −$5.73/SF
NOI
$343.7K $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%
$6,873,980
Cap Rate 7%
$4,909,986
Cap Rate 9%
$3,818,878
Alternative Uses
Best Use
Office B
$4.91M
$4.30M – $5.73M
NOI $343,699 @ 7.0% cap · market cap 7.16%
Second Best
Flex RnD
$3.13M
$2.73M – $3.65M
NOI $218,790 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$6.29M
$5.51M – $7.34M
NOI $440,640 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
398
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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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Flex office/warehouse with two updated office areas, a dedicated truckwell, and five roll-up loading doors.
Where is this flex space located?
The property is located at 5893 Enterprise Pkwy Fort Myers, FL.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 20,000± SF office/warehouse in Billy Creek Commerce Park; Two separate, updated office areas; Dedicated truckwell for efficient shipping and receiving
