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Listing Agency: Lee & Associates | Fort Myers Show Phone

Listed By: Meaghan Schmitt · License #1031882 Show Phone

Source: Moodyscre

Added: Sep 26, 2025 Changed: Oct 5 Last Checked: Oct 15 at 12:56AM

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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 | Fort Myers

Investment Insights

Based on property information with market context.

A 2,000 SF flex condo is available for sale or lease beginning January 1, 2026. The unit includes office and warehouse space, plus mezzanine storage. It has a 22’ clear height and one drive-in door measuring 10’ x 14’, supporting a range of light industrial and warehouse-use needs.

The property is located at 8801 Business Park Drive in Fort Myers, FL 33912. It is zoned IPD.

With the combination of office space, warehouse area, mezzanine storage, and a single drive-in door, this flex setup can be a practical fit for users seeking an in-and-out operation with onsite workspace.

Key Highlights

• 2,000 SF flex condo available January 1, 2026 for sale or lease
• 22’ clear height for warehouse operations
• Office and warehouse space plus mezzanine storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$21,879

Cap Rate

3.42%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$437,580 $437.6K

Cap Rate 7%

$312,557 $312.6K

Cap Rate 9%

$243,100 $243.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,000 SF

Gross rent

$36.0K $18.00/SF

− Vacancy

−$2.3K −$1.17/SF

EGI

$33.7K $16.83/SF

− OpEx

−$11.8K −$5.89/SF

NOI

$21.9K $10.94/SF

Area

Lee County, FL

Vacancy

6.50%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$437,580

Cap Rate 7%

$312,557

Cap Rate 9%

$243,100

Alternative Uses

Best Use

Flex RnD

$312.6K

$273.5K – $364.7K (±1% cap)

NOI $21,879 @ 7.0% cap · market cap 3.42%

Second Best

Warehouse

$291.3K

$254.9K – $339.9K (±1% cap)

NOI $20,392 @ 7.0% cap · market cap 3.19%

Theoretical Best

Office A

$629.5K

$550.8K – $734.4K (±1% cap)

NOI $44,064 @ 7.0% cap · market cap 6.89%

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

Property Analytics

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Current Use

Zipco Restoration & Contracting ... General Contractor We Put Up ... Home Decor Store Concrete Science Services Construction Company Adera On-Site Security ... Recycling Center Adera Recycling Center

Suggested Use

Top Pick Restaurant Auto Parts Store Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

22 ft

Clear height

1

Drive-in doors

Location Intelligence

Trade Area within ½ mile

132

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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 Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Flex space unit includes office, warehouse, drive-in door, mezzanine storage, and 22-foot clear height.

Where is this flex space located?

The property is located at 8801 Business Park Drive Fort Myers, FL.

What is the asking price?

The asking price for this property is $640,000.

What are key features of this property?

This property features: 2,000 SF flex condo available January 1, 2026 for sale or lease; 22’ clear height for warehouse operations; Office and warehouse space plus mezzanine storage