22904 Lyden Drive #1
About This Property
Unit 1-2 offers a beautifully built-out medical office space totaling approximately 3,651± square feet and is available for sale. The thoughtfully designed layout features a spacious reception and waiting area, eight exam rooms equipped with plumbing, a large procedure room, a private physician's office, an additional private office, a generous breakroom, three restrooms, as well as dedicated janitorial and supply closets.
This prime location is just 20 minutes from Southwest Florida International Airport, providing excellent accessibility for both staff and patients. High-end finishes are showcased throughout, making this an exceptional opportunity for medical or professional users seeking a turnkey space in one of Estero's most desirable commercial corridors.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by VIP Realty Group Inc | $1,750,000 | |
| Listed by VIP Realty Group Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/16/2024
|
Loft
|
-
|
-
|
$1,750,000
Loft
-
|
$1,400,000
-20.00%
07/07/2025
|
Ethan Schumacher
VIP Realty Group Inc
| |
|
11/01/2023
|
Loft
|
-
|
-
|
$1,150,000
Loft
-
|
-
-
|
Ethan Schumacher
VIP Realty Group Inc
|
Building Info
About Estero
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Phone: 425-283-2930
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