Ad #7992083
MLS #2026028242
Rare opportunity to acquire Storage Quarters, a stabilized
15415 Pine Ridge Rd, Fort Myers, Florida, 33908
$2,616,250
0Beds
0Baths
0Sqft
1.241Acres
About this property
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 cornersplete 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.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1983
1.241 Acres
1 Story
$19,739 / yr property tax
Lee County
Additional Photos
Contact Information
Martin Hawley
KELLER WILLIAMS REALTY FORT MYERS AND THE ISLANDS
239-355-4040
Location
Listing Agent: Martin Hawley (License #: 288584010) 239-355-4040
Broker: KELLER WILLIAMS REALTY FORT MYERS AND THE ISLANDS 954-295-7611 Listing Site
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: KELLER WILLIAMS REALTY FORT MYERS AND THE ISLANDS 954-295-7611 Listing Site
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 16, 2026
Photo Gallery
$2,616,250
0
Beds
0
Baths
0
Sqft
15415 Pine Ridge Rd, Fort Myers, Florida, 33908
By contacting this agent you agree to these Terms and Conditions.
MLS# 2026028242
Rare opportunity to acquire Storage Quarters, a stabilized
$2,616,250
15415 Pine Ridge Rd, Fort Myers, Florida, 33908
0
Beds
0
Baths
0
Sqft
1.241
Acres
$2,616,250
15415 Pine Ridge Rd, Fort Myers, Florida, 33908
0 Beds
0 Baths
0 Sqft
1.241 Acres
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 cornersplete 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.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1983
1.241 Acres
1 Story
FINANCIAL & COMMUNITY
$19,739 / yr property tax
Lee County
Location
Mortgage Calculator
Ad Statistics
Ad Number
7992083
Viewed
40 times
Listing Status
Active
Added
Jun 30, 2026
Last Refresh
Jul 16, 2026 12:34:57 AM
Listing Information
Data Source
Florida Gulf Coast Multiple Listing Service, Inc.
Source Property ID
2026028242
Listing Agent: Martin Hawley (License #: 288584010) 239-355-4040
Broker: KELLER WILLIAMS REALTY FORT MYERS AND THE ISLANDS 954-295-7611 Listing Site
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: KELLER WILLIAMS REALTY FORT MYERS AND THE ISLANDS 954-295-7611 Listing Site
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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