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Investment Highlights
- This 125,639 SF flex property sits on 11.8 acres in northern Lee County.
- The space includes office, air-conditioned warehouse, and non-air warehouse components.
- Approximately 70% of the building is air conditioned, and 96% is sprinklered.
- The building is designed for multiple tenants with separate electrical meters.
- The property features 15 overhead doors, including 10 dock-high positions.
- Ample parking is provided with approximately 255 spaces and on-site security.
Executive Summary
The subject property, located at 5100 Tice Street in Fort Myers, Florida, is a 125,639-square-foot industrial flex building situated on approximately 11.8 acres and offered at a purchase price of $18,000,000, or $143.21 per square foot. Originally constructed in 1956, the building was designed to accommodate multiple tenants and is zoned Light Industrial. The property includes approximately 53,373 square feet of office space, 26,601 square feet of air-conditioned warehouse, and 45,665 square feet of non-air-conditioned warehouse space. The structure features a reinforced concrete slab-on-grade foundation, primarily steel frame construction with portions of concrete block, and exterior wall heights ranging from approximately 10 to 22 feet. Approximately 70% of the building is air conditioned, and roughly 96% is equipped with fire sprinklers, with a full-building fire alarm system in place. The warehouse areas are served by a total of 15 overhead doors, including 10 dock-high truck wells, and the property provides approximately 255 parking spaces. Additional features include separate electrical meters, a security system with keypad access, and dedicated functional areas consisting of administrative offices, educational facilities with classrooms and support spaces, and warehouse sections with associated offices, breakrooms, and restrooms. The property is one of the larger industrial flex buildings of its size in northern Lee County, offering scale, flexibility, and infrastructure suitable for a range of industrial and commercial users.
Property Facts
| Price | $18,000,000 | No. Stories | 1 |
| Price Per SF | $143.27 | Year Built | 1956 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.99/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 26’ |
| Building Class | B | No. Dock-High Doors/Loading | 13 |
| Lot Size | 11.80 AC | No. Drive In / Grade-Level Doors | 11 |
| Rentable Building Area | 125,639 SF | ||
| Zoning | LI - Light Industrial | ||
| Price | $18,000,000 |
| Price Per SF | $143.27 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 11.80 AC |
| Rentable Building Area | 125,639 SF |
| No. Stories | 1 |
| Year Built | 1956 |
| Tenancy | Single |
| Parking Ratio | 1.99/1,000 SF |
| Clear Ceiling Height | 26’ |
| No. Dock-High Doors/Loading | 13 |
| No. Drive In / Grade-Level Doors | 11 |
| Zoning | LI - Light Industrial |
Amenities
- Fenced Lot
- Signage
Utilities
- Water - County
- Sewer - County
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 10-44-25-00-00001.0010 | Improvements Assessment | $3,318,653 |
| Land Assessment | $854,682 | Total Assessment | $4,173,335 |
Property Taxes
Parcel Number
10-44-25-00-00001.0010
Land Assessment
$854,682
Improvements Assessment
$3,318,653
Total Assessment
$4,173,335
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5100 Tice St
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