Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    6180 Pne Pkwy Fort Myers, FL 33966

    • Land
    • 2.76 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 6180 Pne Pkwy

    Lot size
    2.76 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 2.76-acre parcel of land presents a rare opportunity for development along Fort Myers' highly desirable Metro Parkway corridor. Located at 6180 E Pine Pkwy, Fort Myers, FL 33966, in Lee County, this fully cleared site boasts an approved Development Order (D.O.) and is zoned IL, permitting a wide range of commercial and industrial uses. The property's strategic location offers unparalleled access to major transportation routes, ensuring excellent visibility and convenient logistics. With an impressive daily traffic count of 26,000 vehicles along Metro Parkway, this site promises high exposure for any business. The approved D.O. streamlines the development process, minimizing delays and maximizing efficiency. The maximum building size permitted is 16,000 square feet, providing ample space for a variety of projects. This is one of the last remaining industrial sites along this highly sought-after corridor, making it a truly unique investment opportunity. The asking price for this exceptional property is $1,899,000. Don't miss this chance to secure a prime location for your next venture.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.8515
    Latitude
    26.5532

    Comparable in this City

    • Value Estimation by Request
      4.50 Acres

      10500 Metro Pkwy

      Land • 4.50 Acres
      10500 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • Value Estimation by Request
      3.82 Acres

      10581 Mile Cypress Pkwy

      Land • 3.82 Acres
      10581 Mile Cypress Pkwy, Fort Myers, FL 33966
      View Details
    • Value Estimation by Request
      1.26 Acres

      12141 Carissa Commerce Ct

      Land • 1.26 Acres
      12141 Carissa Commerce Ct, Fort Myers, FL 33966
      View Details
    • Value Estimation by Request
      41.37 Acres

      10200-10500 Metro Pkwy

      Land • 41.37 Acres
      10200-10500 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • Value Estimation by Request
      11.89 Acres

      12390 J V Parker Ln

      Land • 11.89 Acres
      12390 J V Parker Ln, Fort Myers, FL 33966
      View Details
    • Value Estimation by Request
      5.23 Acres

      10260 Metro Pkwy

      Land • 5.23 Acres
      10260 Metro Pkwy, Fort Myers, FL 33966
      View Details

    Similar Nearby for Sale

    • $1,950,000
      6.37 Acres

      Metro Parkway Commercial Land

      6.37 Acres, Permit-Ready Development
      10801 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • $799,500
      1.37 Acres

      Fort Myers Commercial Land - $799,500

      1.37-Acre Corner Lot, C-1 Zoning
      0 Plantation Park Ct, Fort Myers, FL 33966
      View Details
    • $2,100,000
      3.82 Acres

      Six Mile Cypress Commercial Land

      3.82 Acres, High-Traffic Location
      10581 Mile Cypress Pkwy, Fort Myers, FL 33966
      View Details
    • $1,437,697
      2.87 Acres

      Colonial Blvd Commercial Land

      2.87 Acres, Owner Financing Available
      2777 Colonial Blvd, Fort Myers, FL 33966
      View Details
    • $5,300,000
      9.76 Acres

      Fort Myers Commercial Land

      9.76 Acres, Prime Location, CI Zoning
      10540 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • $3,300,000
      15,390 SF

      Fort Myers Industrial NNN Lease

      High-credit tenant, low-management investment.
      6170 Idlewild St, Fort Myers, FL 33966
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      10,000 SF

      Secured Industrial Site For Rent

      Industrial property with outdoor storage and secured, fenced perimeter.
      6110 Idlewild St, Fort Myers, FL 33966
      View Details
    • $14 SF/Yr
      32,038 SF

      Fort Myers Flex/Industrial Space

      32,038 SF flex/industrial space available for lease.
      12180 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • $20 SF/Yr
      5,000 SF

      Industrial Warehouse with Outdoor Storage

      Industrial warehouse for rent with fenced and secured outdoor storage.
      6120 Idlewild St, Fort Myers, FL 33966
      View Details
    • $16 SF/Yr
      8,550 SF

      Fort Myers Warehouse For Rent

      Warehouse space available for lease in Fort Myers, Florida.
      6130 Idlewild St, Fort Myers, FL 33966
      View Details
    • $18 SF/Yr
      19,800 SF

      Fort Myers Flex Space Available

      Modern Industrial Flex Space, Lee County
      6551 Corporate Park Cir, Fort Myers, FL 33966
      View Details
    • $16 SF/Yr
      9,000 SF

      Fort Myers Warehouse For Rent

      9,000 SF warehouse with industrial outdoor storage area.
      6100 Idlewild St, Fort Myers, FL 33966
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6180 Pne Pkwy
    Fort Myers, FL 33966
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.