16350 Innovation Lane
Fort Myers Fl 33913

0.47 Acres

$5,299,950

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"Value-Add Opportunity: Flex Space in High-Growth Fort Myers" 16350 Innovation Lane, Fort Myers, FL 33913 Unlock Significant Value with this Underutilized Flex Space This 20,666 square foot flex-style warehouse presents an exciting value-add investment opportunity in the dynamic Fort Myers market. Currently 50% leased, this property offers a prime chance to increase income through strategic leasing efforts. Key Investment Highlights: Significant Upside Potential: Lease up 50% of vacant space to significantly increase cash flow. Strong Market Fundamentals: Benefit from Fort Myers' robust economic growth and increasing demand for industrial space. Value-Add Potential: Implement improvements to enhance tenant appeal and further increase rental income. Attractive Financial Projections: Projected Cap Rate: 6.7% (current) Estimated Cap Rate (post-improvements): 7.45% Prime Location: Located in a desirable area with excellent access to major transportation routes. #FortMyersInvestment #FlexSpace #IndustrialProperty #ValueAdd #InvestmentOpportunity #CommercialRealEstate #RealEstateInvestment #FloridaRealEstate #HighGrowthMarket #CapRate

16350 Innovation Lane
Fort Myers Fl 33913

$5,299,950

  • Lee County
  • Date updated: 01/05/2025

Features

Lot Size: 0.47 acres
Year Built: 2022
Pool:
  • 0
Roof:
  • Tile
Property Type: Commercial
Taxes: $7,811

FGCMLS #224086054

Listing Courtesy Of: David Bartley, Bartley Realty LLLP

The MLS listing data sources are listed below. The MLS listing information is provided exclusively for consumer's personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.


Properties marked with the FGCMLS are provided courtesy of The Florida Gulf Coast Multiple Listing Service, Inc.

Properties marked with the SANCAP are provided courtesy of Sanibel & Captiva Islands Association of REALTORS®, Inc.

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