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    6290 Corporate Ct Fort Myers, FL 33919

    • Office buildings
    • 5,192 SF
    • 1.53 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Last Sale
    Jun 02, 2022
    $1,250,000
    Value Estimations
    $1,425,000
    Cap Rate Potential
    7.2%
    Office buildings
    Location Intelligence
    Property ID
    US18-4616572
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Myofascial Massage / Massage Therapist
    • Torchlight / Advertising Agency
    • Teresa Keating Hypnotherapy / Consultant
    • Therapeutic Bodyworks, LLC - Kristy Nash, LMT / Massage Therapist / Lymph Drainage Therapist

    Property Details for 6290 Corporate Ct

    Year built
    1981
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.53 lot acres
    Property size
    5,192 SF
    Zone code
    CT
    Property type
    Office buildings
    APN
    14-45-24-00-00007.0040
    APU
    14452400000070040

    Description

    Whiskey Creek Office Plaza offers exceptional executive office space in a three-building complex. This Class C property, totaling 5,363 square feet, underwent a complete renovation in 2022. Currently, there are 3,780 square feet of vacant space available for lease, divisible into units ranging from 1,000 to 1,260 contiguous square feet. Two spaces are immediately available: a first-floor suite of approximately 1,260 square feet, ready for occupancy on June 1st, 2024, and a second-floor suite of approximately 1,260 square feet. The two-story buildings provide a professional environment for businesses seeking flexible and modern office solutions. The minimum leasable space is 1,000 square feet, allowing for various business needs. The maximum contiguous space available is 1,260 square feet, ideal for smaller to medium-sized companies. This prime location offers an excellent opportunity for businesses seeking efficient and well-maintained office space in a recently renovated building. Contact us today to schedule a viewing and secure your ideal workspace.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,330,000
      ML approach
      $1,125,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,585,000
      6.5%
      $1,465,000
      7%
      $1,360,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,639,000
      Market price range: $720k - $1.64M
      AI Estimate
      $1,275,000
      Market price range: $312k - $1.28M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,280,000
      Current use
      COMMERCIAL (GENERAL)
      $1,865,000
      Change: +45% Conversion: Easy
      MEDICAL BUILDING
      $1,380,000
      Change: +8% Conversion: Easy
      RETAIL STORES
      $1,350,000
      Change: +6% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $1,230,000
      Change: -4% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.887
    Latitude
    26.5598
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,696
    $539,104
    $762,616
    $1,301,720
    -
    $539,104
    $762,616
    $1,301,720

    Comparable in this City

    • Value Estimation
      $415,000
      9,576 SF

      13391 Mcgregor Blvd

      OFFICE BUILDING (MULTI-STORY) • 9,576 SF
      13391 Mcgregor Blvd, Fort Myers, FL 33919-5944
      View Details
    • Value Estimation
      $265,000
      5,045 SF

      6201 Presidential Ct

      OFFICE BUILDING (MULTI-STORY) • 5,045 SF
      6201 Presidential Ct, Fort Myers, FL 33919-3524
      View Details
    • Value Estimation
      $210,000
      728 SF

      6202 Presidential Ct E E Ste

      OFFICE BUILDING • 728 SF
      6202 Presidential Ct E E Ste, Fort Myers, FL 33919-3522
      View Details
    • Value Estimation
      $230,000
      3,368 SF

      1516 Royal Palm Sq Blvd

      OFFICE BUILDING (MULTI-STORY) • 3,368 SF
      1516 Royal Palm Sq Blvd, Fort Myers, FL 33919-1051
      View Details
    • Value Estimation
      $380,000
      5,934 SF

      Royal Palm Sq Blvd

      OFFICE BUILDING (MULTI-STORY) • 5,934 SF
      Royal Palm Sq Blvd, Fort Myers, FL 33919
      View Details
    • Value Estimation
      $65,000
      4,297 SF

      5285 Summerlin Rd

      PROFESSIONAL BUILDING • 4,297 SF
      5285 Summerlin Rd, Fort Myers, FL 33919-7601
      View Details

    Similar Nearby for Sale

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      Riverfront lot with new seawall and downtown access.
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    Similar Nearby for Lease

    • $18 SF/Yr
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      Fort Myers Office Space for Lease

      Prime location, single-tenant office.
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      View Details
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      Office Space For Rent

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    • Contact for pricing
      2,264 SF

      Office Space For Rent

      Office space available for lease in Fort Myers, Florida.
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      View Details
    • $15 SF/Yr
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      Whiskey Creek Office Suites Available

      Executive Office Space, Multiple Sizes Available
      6290 Corporate Ct, Fort Myers, FL 33919
      View Details
    • Contact for pricing
      1,200 SF

      College Parkway Commercial Property

      Commercial property in College Parkway Corridor with excellent access.
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      View Details
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    6290 Corporate Ct
    Fort Myers, FL 33919
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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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