Listed by Keller Williams Realty, Inc.
$3,140,000
Storage Quarters
Details
APN 32-45-24-00-00021-0080
Property Type Industrial, Self Storage
Sub Type Warehouse
Square Footage 19,720
Net Rentable (SqFt) 19,720
Units 176
Cap Rate 5.00%
NOI $156,975
Occupancy 75.6%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 7.00%
Pro-Forma NOI $218,974
Price per SqFt $159
Price Per Acre $697,581
Class C
Year Built 1983
Year Renovated 2018,2025
Buildings 3
Acreage 1.240
Zoning CG — Commercial General (58.54%) & IL — Industrial Light (41.46%)
Parking Spaces 27 spaces
Parking Per SqFt 1.37
Investment Type Stabilized
Tenant Credit No Credit Rating
Ground Lease No
Ceiling Height 9
Sale Condition N/A
Industrial | 5.00% CAP | 19,720 SqFt
Marketing description
Storage Quarters is a stabilized, highly automated self-storage facility on a premium signalized hard corner at Gladiolus Drive and Pine Ridge Road in south Fort Myers — one of the fastest-growing markets in the United States. The 176-unit, single-story drive-up facility sits on 1.24 acres and is operated almost entirely online through the Cubby AI platform, with a part-time on-site manager compensated by an apartment rather than salary. In-place rents run above street rates through Cubby's AI revenue-management program, and current vacancy plus a vertical-expansion option provide clear paths to grow income.
Investment highlights
- Video Link : https://www.dropbox.com/scl/fo/qc15jn2sryp2dsdl1loq6/ABr6g7w9dhTtaNyTRpHL4zg/Video?dl=0&preview=15415+Pine+Ridge+Rd%2C+Fort+Myers%2C+FL+33908%2C+USA+BRANDED+CINEMATIC.mp4&rlkey=9nqlwggjjgndkoa43f46l7n7t&subfolder_nav_tracking=1
- Video Link : https://www.dropbox.com/scl/fo/qc15jn2sryp2dsdl1loq6/ABr6g7w9dhTtaNyTRpHL4zg/Video?dl=0&preview=15415+Pine+Ridge+Rd%2C+Fort+Myers%2C+FL+33908%2C+USA+REEL.mp4&rlkey=9nqlwggjjgndkoa43f46l7n7t&subfolder_nav_tracking=1
- Video Link : https://www.dropbox.com/scl/fo/qc15jn2sryp2dsdl1loq6/ABr6g7w9dhTtaNyTRpHL4zg/Video?dl=0&preview=15415+Pine+Ridge+Rd%2C+Fort+Myers%2C+FL+33908%2C+USA+UNBRANDED+CINEMATIC.mp4&rlkey=9nqlwggjjgndkoa43f46l7n7t&subfolder_nav_tracking=1
Listing Contacts
Listed by Keller Williams Realty, Inc.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$156,975.00
$13,081.25/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
Map
Zoning
IL IndustrialLight IndustrialLight Industrial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 153 uses
View all 153 uses Last updated Jan 27, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
