16261 Pine Ridge Rd Fort Myers, FL 33908

This exceptional Class A industrial property, encompassing 76,780 square feet, presents a compelling value-add investment opportunity in Fort Myers, Florida. Located at 16261/16271 Pine Ridge Rd, this two-building complex sits on 4.7 acres and features 38 vacant units, ready for occupancy January 1, 2025. The property boasts a metal frame with concrete construction, offering 18-20' ceilings and 16'x16' overhead doors designed to withstand 165 mph winds. Each unit is delivered as a "vanilla shell," including plumbing stubs, electrical hookups, and roof-mounted HVAC. Three-phase power is available, and the property sits 1 foot above the new FEMA Base Flood Elevation. The flexible unit build-out sizes cater to diverse tenant needs. Its prime location provides convenient access to the Islands, Sanibel, and Fort Myers Beach. The property is zoned IL, allowing for a wide range of permitted uses, making it highly attractive in a competitive market with limited industrial warehouse space. The asking price is $19,195,000 ($250/SF and $505,131.58/unit). This new construction offers a rare opportunity to capitalize on the strong demand for industrial space in this thriving area.