15415 Pine Ridge Rd, Fort Myers, FL

House

For Sale

Listed price in listed location currency (USD).

$3,140,000

0027

MLS® 2026028242

Key Facts
Description
Map

Key Facts

Type

Levels Commercial Sale

Size 19720 sqft

Garage

Taxes $19,739

Days Active 1

Lot Size 1.2412 Acres

Approx. Age 1983

Avg. Price Per Sqft $159

MLS® Number 2026028242

Property Address: 15415 Pine Ridge Rd, Fort Myers, FL, 33908-2630

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire Storage Quarters, a stabilized, highly automated 176-unit self-storage facility on an irreplaceable signalized hard corner at Gladiolus Drive (SR 865) and Pine Ridge Road in fast-growing south Fort Myers. Three single-story, drive-up, concrete-block buildings (approx. 19, 720 SF) sit on 1.24 acres, complemented by outdoor RV/vehicle parking and mailbox rentals. Customers pull directly to their unit, with no elevators or long interior hallways, a convenience that resonates with the area's boaters, contractors, retirees, and seasonal residents. Location is the headline. Gladiolus Drive is a six-lane arterial carrying roughly 21, 300 vehicles per day at the frontage and about 44, 600 per day, delivering exceptional visibility and signage exposure. Lee County is among the nation's fastest-growing markets, up roughly 15% since 2020 to about 876, 000 residents and projected near 1, 000, 000 by 2045, an expanding and mobile customer base that fuels storage demand. Southwest Florida's boating and RV lifestyle and a seasonal "snowbird" influx create steady, recurring demand for drive-up and vehicle/RV storage. The business runs almost entirely online through the Cubby AI platform: tenants reserve, lease, pay, and manage autopay from any device, while machine-learning revenue management moves customers in at promotional rates and steps them up automatically. The result is in-place rents that exceed street rates and about 109% economic occupancy. A part-time on-site manager is compensated with an apartment, so there is NO cash management salary, keeping the operation lean and largely absentee-friendly. Required SafeLease tenant protection adds recurring ancillary income. Upside is built in. Standard storage units run about 84% occupied, with lease-up runway concentrated in small lockers and RV parking. Continued AI-driven rate increases and a vertical (stilt) expansion concept, adding a 2nd/3rd story and climate-controlled product the local market offers but Storage Quarters does not, provide multiple paths to grow NOI. Split CG/IL zoning supports storage and expansion. The corner lies in Flood Zone AE yet took no flooding during Hurricanes Ian, Milton, or Helene. Pride of ownership shows: about $80, 000 of recent capital improvements, including new roofs (2018), exterior paint (2024), asphalt sealcoat (2025), and a new high-efficiency A/C (2026), mean low deferred maintenance for a new owner. Offered at $3, 140, 000, a 5.0% in-place cap with pro forma yields growing toward roughly 7%, a rare turnkey, cash-flowing asset with a clear growth runway on one of Fort Myers' best corners. Complete financials, rent roll, occupancy reports, leases, survey, site plan, insurance, and capital records are available in the secure data room. A confidentiality/non-disclosure agreement is required: click the link to review and sign the agreement and gain immediate access. https://docsend.com/view/s/cfgvcfs32qa3ggkv

MLS® Number2026028242

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1983

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 30, 2026List Date

$3,140,000List Price

Commute

Commute

Starting Address

Destination Address

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