Fort Myers race car driver buys industrial buildings

BUYER: Fortune Development of SW Florida (John Schaller), Fort Myers

SELLER: Bruce Hoovis

PROPERTY: 12330 and 12320 Crystal Commerce Loop, Fort Myers

PRICE: $1.08 million

PREVIOUS PRICE: $1.13 million, June 2004

PLANS, DESCRIPTION: Part-time Fort Myers resident John Schaller purchased two industrial buildings near the intersection of Crystal Drive and Plantation Road for $1.08 million.

The price equated to $42 per square foot.

The property includes a 16,800-square-foot building and a 9,000-square-foot building.

The buyer, who races cars in the Trans-Am Series, will use the smaller building to store his racing vehicles. He plans to lease out the larger manufacturing building.

Kim Hudak of VIP Realty - Commercial represented the seller and Jim McMenamy of Re/Max Realty Group represented the buyer. McMenamy is marketing the larger building.