Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9250 6 Mile Cypress Pkwy Fort Myers, FL 33966
    Back to Search
    Property profile & analytics

    9250 6 Mile Cypress Pkwy Fort Myers, FL 33966

    View on Map
    • Retail properties & Spaces
    • 4,036 SF
    • 1.24 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 9250 6 Mile Cypress Pkwy

    Year built
    2007
    Lot size
    1.24 lot acres
    Property size
    4,036 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional investment opportunity presents a 4,036 square foot storefront in Fort Myers, Florida, currently occupied by Heartland Dental under a corporate-guaranteed net lease. The lease, commencing September 24, 2021, and expiring September 30, 2031, offers a substantial remaining term of 6.9 years. The property boasts a strong 5.90% cap rate and a Net Operating Income (NOI) of $161,440, with a sale price of $2,736,000 ($677.90 per square foot). Built in 2007 and renovated in 2020, this single-tenant property sits on a 1.24-acre lot and benefits from built-in rent bumps of 10% every five years, along with four and five-year lease options. The property enjoys a prime location within a thriving retail corridor, surrounded by major national retailers including Walmart, Lowe's, Kohl's, Home Depot, Target, and Publix. The surrounding area demonstrates significant growth potential, with projections indicating a 10%+ increase in population and households within a five-mile radius by 2028. This presents a secure, high-yield investment with significant long-term growth prospects. 100% occupancy ensures immediate cash flow.

    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
    -81.812
    Latitude
    26.6095

    Comparable in this City

    • Value Estimation
      $750,000
      3,600 SF

      6040 Lndg Vw Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      6040 Lndg Vw Rd, Fort Myers, FL 33966-1154
      View Details
    • Value Estimation
      $1,175,000
      5,688 SF

      4030 Colonial Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,688 SF
      4030 Colonial Blvd, Fort Myers, FL 33966-1015
      View Details
    • Value Estimation
      $1,275,000
      6,889 SF

      4380 Colonial Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,889 SF
      4380 Colonial Blvd, Fort Myers, FL 33966-1064
      View Details
    • Value Estimation by Request
      2,400 SF

      11670 Metro Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      11670 Metro Pkwy, Fort Myers, FL 33966-1301
      View Details
    • Value Estimation
      $1,730,000
      9,800 SF

      12020 Metro Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 9,800 SF
      12020 Metro Pkwy, Fort Myers, FL 33966-8365
      View Details
    • Value Estimation by Request
      2,429 SF

      11742 Metro Pkwy, Unit 796

      RETAIL STORES (PERSONAL SERVICES) • 2,429 SF
      11742 Metro Pkwy, Fort Myers, FL 33966-8358
      View Details

    Similar Nearby for Sale

    • $650,000
      4,002 SF

      Flex Space Unit For Sale

      4002 sq ft flex space with office and warehouse.
      12155 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • $4,300,000
      22,800 SF

      Industrial Showroom/Warehouse on Metro Parkway

      22,800 SF industrial showroom/warehouse with frontage on Metro Parkway.
      12090 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • Contact for pricing
      15,390 SF

      Warehouse/Showroom Investment Opportunity

      NNN leased warehouse/showroom with minimal landlord responsibilities.
      6170 Idlewild St, Fort Myers, FL 33966
      View Details
    • $370,000

      Industrial Office Condo For Sale

      Multi-tenant industrial office condo centrally located with easy access.
      12165 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • $370,000
      0.46 Acres

      Fort Myers Commercial Condo

      Multi-tenant industrial office condo with showroom and warehouse space.
      12165 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • Contact for pricing
      22,800 SF

      Metro Parkway Flex Space Opportunity

      22,800± SF flex space on Metro Parkway.
      12090 Metro Pkwy, Fort Myers, FL 33966
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      3,200 SF

      Retail Space in Publix-Anchored Center

      Retail space for lease in Fort Myers, Florida.
      7950 Dani Dr, Fort Myers, FL 33966
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, approximately 1,942 square feet.
      12951 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • $14 SF/Yr
      18,100 SF

      Versatile Showroom, Office, and Storage

      Two-story space with showroom, offices, and storage available for rent.
      13050 Metro Pkwy, Fort Myers, FL 33966
      View Details
    • $13 SF/Yr
      23,500 SF

      Warehouse with Showroom and Office

      23,500 SF warehouse with showroom and office space for rent.
      13080 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
    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.
    9250 6 Mile Cypress 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

    Thank You for Inquiry
    9250 6 Mile Cypress Pkwy, Fort Myers, FL, 33966
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!