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$ 1,350,000
Est. payment /mo
Pending
7521 Aluminum RD North Fort Myers, FL 33903
0.63 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 2026009090
Style Resale Property
Year Built 1982
Annual Tax Amount $7,185
Tax Year 2025
Lot Size 0.634 Acres
Acres 0.634
Source Florida Gulf Coast
Property Description
Small bay industrial continues to be one of the most constrained and sought after asset classes in Florida. These functional spaces are the backbone of local business activity. This warehouse with a lot measuring 27,623 sq. ft. was purposely built to meet that demand. Rather than relying on a single occupant, the building is configured into five independent bays, each operating with its own infrastructure. This design creates multiple income streams, minimizes vacancy risk, and provides long term operational flexibility. The layout attracts true end users who run their businesses from the space, resulting in stronger retention and more consistent performance over time. With in place income of approximately $144,000 annually, the property offers immediate cash flow and is projected to deliver a cap rate of 10%, a compelling return compared to many industrial assets trading in significantly lower ranges. This positions the investment as both a strong yield play and a long term hold with continued upside as rental rates in the North Fort Myers market continue to rise. Each bay features 240 to 290 square feet of air conditioned office space, a private restroom, rear access door, and high ceilings suitable for equipment, storage, or light industrial use. The property is further enhanced by lift infrastructure designed to accommodate mechanical or equipment based operations, making it ideal for contractors, automotive or marine services, distribution users, and investors seeking stable multi tenant income.
Location
State FL
County Lee
Zoning C-2
Interior
Cooling true
Inclusions Building And Land
Fireplace No
Exterior
Utilities Available Water Connected
Waterfront Description None
Garage No
Building
Story 1
Level or Stories 1
New Construction No
Others
Senior Community No
Tax ID 27-43-24-00-00023.9030
Listed by Keller Williams Realty Premier Properties • Wilder Leon
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