Flex Space with Loading
New
For Sale
Contact for pricing
6321 METRO PLANTATION RD, Fort Myers, FL 33966
Industrial Light zoning supports warehouse, distribution, light manufacturing, and service-oriented operations.
Property Size10,340 SF
Lot Size0.86 Acres
Price / SF$214.28
Days on Market6
Property Features for 6321 METRO PLANTATION RD
General Information
Standard status
Active
Size
10,340 SF
Lot size
0.86 Acres
Property subtype
Industrial
Zoning
IL
Warehouse & Industrial
Clear Height
18 ft
Warehouse Space
8,589 SF
Office Build-Out
1,751 SF
Dock-High Doors
1
Drive-In Doors
1
Additional Details
Asking Price
$2,215,700
Road Access
Yes
Building Details
Buildings
1
Building Size
10,340 SF
Construction
CBS base with metal above
Listing Agency:
Mayhugh Commercial Advisors
Listed By:
Chase Mayhugh, SIOR, CCIM · License #BK3053987
(239) 898-9685
Source:
Crexi
Added: Sep 1
Changed: Sep 5
Last Checked: Sep 5 at 3:17PM
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 Mayhugh Commercial Advisors
Investment Insights
Based on property information with market context.
This flex space combines approximately 10,340 SF of industrial, office, and showroom areas on 0.86± acres. The building includes approximately 8,589± SF of warehouse space and 1,751± SF of finished office/showroom space. Warehouse features include 18-foot eave height, 20-foot peak height, four exhaust fans, and durable construction with an 8-foot CBS base and metal construction above.
Loading infrastructure includes three 12-foot by 14-foot overhead doors, a truckwell with dock leveler, front grade-level access, and an additional electric overhead door at the rear. The office/showroom area provides an open workspace, two private offices, a kitchenette, and two restrooms. The property is zoned Industrial Light (IL) and is located at 6321 Metro Plantation Road in Fort Myers, along the Metro Parkway corridor between Daniels Parkway and Colonial Boulevard.
Loading infrastructure includes three 12-foot by 14-foot overhead doors, a truckwell with dock leveler, front grade-level access, and an additional electric overhead door at the rear. The office/showroom area provides an open workspace, two private offices, a kitchenette, and two restrooms. The property is zoned Industrial Light (IL) and is located at 6321 Metro Plantation Road in Fort Myers, along the Metro Parkway corridor between Daniels Parkway and Colonial Boulevard.
Key Highlights
- 10,340 ± SF industrial facility on 0.86± acres
- Approximately 8,589± SF warehouse and 1,751 ± SF finished office/showroom space
- Three 12’ x 14’ overhead doors, including a truckwell with dock leveler
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
$177,692
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
8.02%
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%
$3,553,840
$3.6M
Cap Rate 7%
$2,538,457
$2.5M
Cap Rate 9%
$1,974,356
$2.0M
Market Conditions
NOI Build-Up for 10,340 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
$258.1K $24.96/SF
− Vacancy
−$21.2K −$2.05/SF
EGI
$236.9K $22.91/SF
− OpEx
−$59.2K −$5.73/SF
NOI
$177.7K $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 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%
$3,553,840
Cap Rate 7%
$2,538,457
Cap Rate 9%
$1,974,356
Alternative Uses
Best Use
Office B
$2.54M
$2.22M – $2.96M
NOI $177,692 @ 7.0% cap · market cap 8.02%
Second Best
Flex RnD
$1.62M
$1.41M – $1.89M
NOI $113,114 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$3.25M
$2.85M – $3.80M
NOI $227,811 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
629
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33966, FL
11,245
Population
7,472
Households
1.5
Avg Household Size
50
Median Age
44%
College-Educated
97%
High-School Grad
8.8 sq mi
ZIP Area
1,278
Density / Sq Mi
$86,812
Median Household Income
$54,302
Median Earnings
$1,743
Median Rent
$362,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Commercial Kitchen Fort Myers LLC — 11770-A Metro Pkwy, Fort Myers, FL 33966
- AteBalls — 11770 Metro Pkwy, Fort Myers, FL 33966
- Savour First Choice Catering-Corporate Catering branch — 11770 metro pkwy a, fort myers, fl 33966
- Crunch X Munch Cheesecakes & More — 11770 Metro Pkwy, Fort Myers, FL 33966
- Hibachi Backyard — 11770 Metro Pkwy, Fort Myers, FL 33966
Frequently Asked Questions
What type of property is this?
Flex space - Industrial Light zoning supports warehouse, distribution, light manufacturing, and service-oriented operations.
Where is this flex space located?
The property is located at 6321 METRO PLANTATION RD Fort Myers, FL.
What is the asking price?
The asking price for this property is $2,215,700.
What are key features of this property?
This property features: 10,340 ± SF industrial facility on 0.86± acres; Approximately 8,589± SF warehouse and 1,751 ± SF finished office/showroom space; Three 12’ x 14’ overhead doors, including a truckwell with dock leveler
