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    5483 Lee St Lehigh Acres, FL 33971
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    Property profile & analytics

    5483 Lee St, Lehigh Acres, FL 33971

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    • Warehouses
    • 1,916 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • FBI Air / Hardware & Home Improvement / HVAC Service
    • Lehigh Acres Windshield Replacement & Repair / Auto Repair Shop / (Bike/Boat/Book/etc) Store
    • EXpressLO LLC / Industrial Manufacturer / Production Facility

    Property Details for 5483 Lee St

    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This vacant, single-story industrial flex warehouse, located at 5483 Lee St, Lehigh Acres, FL 33971, presents a compelling investment opportunity. The 1,916 square foot building, constructed in 2004, is classified as Class B and features a convenient layout. The property is move-in ready, boasting existing HVAC and restroom facilities. Priced at $499,999 ($260.96/sq ft), this property offers significant potential for various commercial and industrial uses. Its IL zoning allows for a wide range of permitted activities. Situated in Lee County, this single-unit building provides a versatile space ideal for businesses seeking a functional and efficient workspace in a thriving area. The property's location in Lehigh Acres offers easy access to key transportation routes and amenities, enhancing its appeal to prospective tenants or owner-operators. This is a rare opportunity to acquire a well-maintained, ready-to-occupy industrial space in a desirable location. The asking price represents excellent value for a property of this size and condition, making it an attractive investment for those seeking a strong return on their capital. Don't miss out on this chance to secure a prime industrial property in a rapidly growing market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lehigh Acres
    County
    Lee
    State
    Florida
    Longitude
    -81.7466
    Latitude
    26.6172

    Comparable in this City

    • Value Estimation by Request
      18,000 SF

      5565 Lee St

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      5565 Lee St, Lehigh Acres, FL 33971
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      1,916 SF

      5485 Lee St Ste, Unit 2

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      2,100 SF

      300 Leonard N Blvd, Unit 6

      DISTRIBUTION WAREHOUSE
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      2,100 SF

      300 Leonard N Blvd, Unit 7

      DISTRIBUTION WAREHOUSE
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    • Value Estimation by Request
      2,350 SF

      300 Leonard N Blvd, Unit 12

      DISTRIBUTION WAREHOUSE
      300 Leonard N Blvd, Lehigh Acres, FL 33971-6324
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    • Value Estimation by Request
      1,916 SF

      5485 Lee St Ste, Unit 3

      DISTRIBUTION WAREHOUSE
      5485 Lee St Ste, Lehigh Acres, FL 33971-1547
      View Details

    Similar Nearby for Sale

    • $449,000

      Lehigh Acres Industrial Flex Space

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      0.26 Acres

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      0.25 Acres

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    Similar Nearby for Lease

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      Industrial Flex Space Sublease

      Versatile industrial flex space in Lehigh Acres available for sublease.
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    • $2,000 /Mo
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      Lehigh Acres Warehouse/Flex Space

      Industrial warehouse/flex space with fenced outdoor storage available for lease.
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      Industrial Warehouse in Southwest Florida

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      1,800 SF

      Industrial Flex Space For Rent

      Light industrial flex space with convenient access to major routes.
      5565 Lee St, Lehigh Acres, FL 33971
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      Lee County Retail Pads - 4 Spaces

      Prime Lee County retail land, four build-to-suit pads.
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    Lehigh Acres, FL 33971
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    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
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