Building Details

Year built 2026

Floors in Building 1

Flooring type Concrete

Building materials Block

Roof type Metal

Listing Agency: Colfax Realty International Inc i***@colfaxrealty.com Show Phone

Listed By: Carmen De Jongh · License #3238703 Show Phone

Added: Oct 26 Last Checked: Oct 29 at 11:06PM

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MLS# A12109089

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 1,580-square-foot retail property is under construction and features a triplex configuration with a mezzanine. Block construction, concrete flooring, central air, a metal roof, and public water are specified. The building is scheduled for completion in 2026.

The property is on Alico Road, near I-75 and Southwest Florida International Airport. The site encompasses 2 acres.

Key Highlights

• 1,580 square feet with a triplex layout
• Mezzanine level
• 2‑acre site on Alico Road

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,727

Cap Rate

3.03%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$414,540 $414.5K

Cap Rate 7%

$296,100 $296.1K

Cap Rate 9%

$230,300 $230.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,580 SF

Gross rent

$30.5K $19.32/SF

− Vacancy

−$916 −$0.58/SF

EGI

$29.6K $18.74/SF

− OpEx

−$8.9K −$5.62/SF

NOI

$20.7K $13.12/SF

Area

Lee County, FL

Vacancy

3.00%

Lease Rate

$19.32 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$414,540

Cap Rate 7%

$296,100

Cap Rate 9%

$230,300

Alternative Uses

Best Use

Retail

$296.1K

$259.1K – $345.5K (±1% cap)

NOI $20,727 @ 7.0% cap · market cap 3.03%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$497.3K

$435.1K – $580.2K (±1% cap)

NOI $34,811 @ 7.0% cap · market cap 5.09%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

502

Businesses Nearby

59k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

RaceTrac Shops & Services

35,283 visits/mo 0.4 miles

7-Eleven Shops & Services

15,525 visits/mo 0.4 miles

Family Dollar Shops & Services

8,273 visits/mo 0.4 miles

Demographics for 33912, FL

19,146

Population

12,078

Households

1.6

Avg Household Size

61

Median Age

48%

College-Educated

97%

High-School Grad

21.2 sq mi

ZIP Area

903

Density / Sq Mi

$101,043

Median Household Income

$54,143

Median Earnings

$1,653

Median Rent

$367,800

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - A flexible three-part layout and elevated mezzanine provide multiple areas for commercial operations.

Where is this retail space located?

The property is located at 8156 Alico Rd Fort Myers, FL.

What is the asking price?

The asking price for this property is $684,140.

What are key features of this property?

This property features: 1,580 square feet with a triplex layout; Mezzanine level; 2‑acre site on Alico Road