Medical Office Suite with Existing
New
For Sale
$389,500
6202 Presidential Ct Ste A, Fort Myers, FL 33919
Existing medical improvements support healthcare, wellness, and professional office use within an established office park.
Property Size2,050 SF
Price / SF$190
Days on Market3
Property Features for 6202 Presidential Ct Ste A
General Information
Standard status
Active
Size
2,050 SF
Class
B
Property subtype
Office
Additional Details
Highway Access
Yes
Office Units
1
Building Details
Building Size
2,050 SF
Year Built
1983
Parking Ratio
7.05 per 1,000 SF
Listing Agency:
NAI Burns Scalo
(239) 470-9646
Listed By:
Gary Tasman · License #BK3002798
Source:
Naiglobal
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 10 at 3:36AM
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 NAI Burns Scalo
Investment Insights
Based on property information with market context.
Unit A contains 2,050 square feet of existing medical office improvements within a professional and medical office park. The configuration is already adapted for medical use and can also accommodate wellness practitioners or other professional office users. The property was built in 1983 and includes on-site parking throughout the complex.
The suite is located near US-41 and College Parkway in Fort Myers, with access to surrounding residential areas, retail, dining, and business services. Parking is provided at a ratio of 7.05 spaces per 1,000 SF across the complex. The property address is 6202 Presidential Ct Ste A, Fort Myers, FL 33919.
The suite is located near US-41 and College Parkway in Fort Myers, with access to surrounding residential areas, retail, dining, and business services. Parking is provided at a ratio of 7.05 spaces per 1,000 SF across the complex. The property address is 6202 Presidential Ct Ste A, Fort Myers, FL 33919.
Key Highlights
- 2,050‑square‑foot medical office suite with existing specialized buildout
- Located within an established professional and medical office park
- 7.05/1,000 SF parking ratio throughout the complex
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,229
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$704,580
$704.6K
Cap Rate 7%
$503,271
$503.3K
Cap Rate 9%
$391,433
$391.4K
Market Conditions
NOI Build-Up for 2,050 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$51.2K $24.96/SF
− Vacancy
−$4.2K −$2.05/SF
EGI
$47.0K $22.91/SF
− OpEx
−$11.7K −$5.73/SF
NOI
$35.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$704,580
Cap Rate 7%
$503,271
Cap Rate 9%
$391,433
Alternative Uses
Best Use
Office B
$503.3K
$440.4K – $587.2K
NOI $35,229 @ 7.0% cap · market cap 9.04%
Second Best
Healthcare Medical
$366.6K
$320.8K – $427.7K
NOI $25,660 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$645.2K
$564.6K – $752.8K
NOI $45,166 @ 7.0% cap · market cap 11.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,478
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33919, FL
30,587
Population
19,560
Households
1.6
Avg Household Size
57
Median Age
41%
College-Educated
95%
High-School Grad
8.7 sq mi
ZIP Area
3,516
Density / Sq Mi
$73,336
Median Household Income
$48,686
Median Earnings
$1,621
Median Rent
$291,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing medical improvements support healthcare, wellness, and professional office use within an established office park.
Where is this medical office space located?
The property is located at 6202 Presidential Ct Ste A Fort Myers, FL.
What is the asking price?
The asking price for this property is $389,500.
What are key features of this property?
This property features: 2,050‑square‑foot medical office suite with existing specialized buildout; Located within an established professional and medical office park; 7.05/1,000 SF parking ratio throughout the complex
