Modern Medical Office
68 72 76 Pondella Rd North Fort Myers, FL 33903
New
68 72 76 Pondella Rd, North Fort Myers, FL, 33903
$1,699,000
For Sale
$1,699,000
Concrete block medical office park with remodeled suites, private entrances, ADA restrooms, and individually metered utilities.
Property Size7,816 SF
Lot Size1.62 Acres
Price / SF$217.37
Days on Market6
Property Features for 68 72 76 Pondella Rd
General Information
- Standard status
- Active
- Size
- 7,816 SF
- Lot size
- 1.62 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1977
Listing agency
Sellstate Priority Realty
(404) 944-2035
Listed by
Laurel Paula · License #258035784
(404) 944-2035
Source
Elliman
Added: Jul 17 Updated: Jul 21 at 7:05AM Checked: Jul 21 at 7:05AM
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 Sellstate Priority Realty
Investment Insights
Based on property information with market context.
Pondella Professional Park is being renovated with a complete interior remodel to deliver brand-new, modern medical office spaces. The property includes three concrete block buildings totaling 7,816 square feet on 1.622 acres, with each building offering two ADA-compliant suites. Suites feature private entrances and restrooms, along with individual utilities. Tenants and occupants may select their own interior finishes and layouts, or choose from professionally designed floor models for review.
The site is located along Pondella Road near US-41, with approximately 29,000 vehicles per day, ample parking, and strong visibility. Zoned C-2, the property is positioned for medical, dental, therapy, and office users seeking flexible, high-exposure space in a North Fort Myers corridor.
The site is located along Pondella Road near US-41, with approximately 29,000 vehicles per day, ample parking, and strong visibility. Zoned C-2, the property is positioned for medical, dental, therapy, and office users seeking flexible, high-exposure space in a North Fort Myers corridor.
Key Highlights
- Pondella Professional Park includes three concrete block medical office buildings totaling 7,816 SF on 1.622 acres (built 1977).
- Each building offers two ADA‑compliant suites with private entrances and ADA restrooms.
- Suites have individual utilities (independently metered).
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $195.1k | $24.96 |
| − Vacancy | −$16.0k | −$2.05 |
| EGI | $179.1k | $22.91 |
| − OpEx | −$44.8k | −$5.73 |
| NOI | $134.3k | $17.18 |
7,816 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.92M
$1.68M – $2.24M
NOI $134,318 @ 7.0% cap · market cap 7.91%
Second Best
Healthcare Medical
$1.40M
$1.22M – $1.63M
NOI $97,834 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $172,202 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Vet Wellcare Vaccinations Clinic at Pet Supermarket — 13860 N Cleveland Ave N, Fort Myers, FL 33901
- Hancock Animal Hospital & Rehabilitation Center — 3405 Hancock Bridge Pkwy, North Fort Myers, FL 33903
- Vicki Scott DVM,MS — 14487 N Cleveland Ave, North Fort Myers, FL 33903
FAQs
What type of property is this?
Medical Office Space - Concrete block medical office park with remodeled suites, private entrances, ADA restrooms, and individually metered utilities.
Where is this medical office space located?
The property is located at 68 72 76 Pondella Rd North Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Pondella Professional Park includes three concrete block medical office buildings totaling 7,816 SF on 1.622 acres (built 1977).; Each building offers two ADA‑compliant suites with private entrances and ADA restrooms.; Suites have individual utilities (independently metered).
