16350 INNOVATION LN

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16350 INNOVATION LN

FORT MYERS, FL 33913
Asking Price
$783K
Cap Rate
3%
Asset Type
Flex Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Flex industrial property located in the ITEC Business Park.
  • Property is situated in the city of Fort Myers.
  • Current asking price for this industrial asset is 783,300.
  • The property reflects an established cap rate of 3 percent.
  • Asset type specifically categorized as flex industrial space.

What's Special

Businesses seeking versatile operational space will find this flex industrial asset in the ITEC Business Park a functional solution for their needs. Situated in Fort Myers, Florida, this property benefits from its position within a growing commercial hub in the Southwest Florida region. The layout accommodates a range of potential uses, including light manufacturing, research and development, or distribution activities that require a balance between office and warehouse functionality. Industrial facilities in this market remain essential as the local economy continues to expand and attract diverse enterprises. The configuration of this site provides a practical base for companies looking to establish or maintain a presence near major transportation arteries. Investors and business owners often target this submarket due to its accessibility and ongoing development projects. This specific listing presents an industrial flex opportunity currently available for purchase at a price point of 783,300 dollars, reflecting its current market placement within the ITEC Business Park environment.

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NOI
$80,000
Cap Rate
10.21%
DSCR
1.72
Strong
Cash-on-Cash
14.25%
Monthly Payment
$3,875.341
Annual Cash Flow
$33,495.908

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