Property summary
This exceptional 12,000 square foot self-storage facility, located at 3557 Veronica S Shoemaker Blvd in Fort Myers, Florida (zip code 33916), presents a compelling investment opportunity. The property, a Class C mini-warehouse, boasts 75 units and currently enjoys a remarkable 95% occupancy rate, providing a stable and consistent income stream. Built in 1974, this fee simple ownership offers a rare chance to acquire a well-established business. The facility's prime location near an industrial area caters to a diverse clientele, including contractors, subcontractors, and private individuals, ensuring a robust and reliable tenant base. The seller, who has owned the property for over three decades, is motivated to sell due to retirement, making this a non-distressed sale. The potential for increased revenue exists through strategic rate adjustments on larger units currently leased to contractors and subcontractors. This is a turnkey operation with significant upside potential for a savvy investor seeking a profitable and established self-storage business in a thriving Florida market. The total square footage is 12,200 square feet.
Property profile
VerifiedCap rate & NOI
Current use
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Storage Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The IL District is established in order to protect light industrial uses, promote and protect future development of the district in light industrial usage.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IL · Fort Myers, FLThe IL District is established in order to protect light industrial uses, promote and protect future development of the district in light industrial usage.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The IL District is established in order to protect light industrial uses, promote and protect future development of the district in light industrial usage.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IL in Fort Myers, FL.
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