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    9848 Stringfellow Rd Saint James City, FL 33956

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    9848 Stringfellow Rd Saint James City, FL 33956

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    • Specialty properties
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    Current Use by Public Records

    • Pine Island Family Hair Salon / Hair Salon / Nail Salon

    Property Details for 9848 Stringfellow Rd

    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional commercial property, located at 9848 Stringfellow Road in St. James City, Florida (zip code 33956), presents a unique investment opportunity. The property is classified as special purpose land and is situated within the Winn Dixie Shopping Center, offering excellent visibility and convenient access. The land itself is 0 acres. The property includes a well-established beauty salon, originally built in 1980, that has recently undergone a complete renovation. All fixtures and equipment are brand new, including flooring, chairs, mats, styling stations, a stackable washer and dryer, and a hot water heater. The salon is fully stocked and currently operating as an ongoing business, providing an immediate income stream for the new owner. This turnkey operation is perfect for an entrepreneur seeking to establish themselves in a thriving community. The location in Lee County, Florida, offers a strong customer base and the potential for significant growth. The asking price for this exceptional opportunity is $60,000. This represents a rare chance to acquire a profitable, established business with modern amenities in a desirable location. The property's address is verified as 9848 Stringfellow Road, St. James City, FL 33956.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint James City
    County
    Lee
    State
    Florida
    Longitude
    -82.1134
    Latitude
    26.6047

    Comparable in this City

    • Value Estimation by Request
      4,800 SF

      4106 Stringfellow Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 4,800 SF
      4106 Stringfellow Rd, Saint James City, FL 33956
      View Details
    • Value Estimation by Request
      6,055 SF

      8903 Stringfellow Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 6,055 SF
      8903 Stringfellow Rd, Saint James City, FL 33956-3027
      View Details
    • Value Estimation by Request
      4,923 SF

      8150 Stringfellow Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 4,923 SF
      8150 Stringfellow Rd, Saint James City, FL 33956-2909
      View Details
    • Value Estimation by Request
      37.50 Acres

      Is Vlg Cir St James

      Multifamily properties • 496,800 SF
      0 Is Vlg Cir St James, Saint James City, FL 33956
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    • Value Estimation by Request

      8260 Angel Moss Ct St. James

      Multifamily properties
      8260 Angel Moss Ct St. James, Saint James City, FL 33956
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    • Value Estimation by Request
      131.00 Acres

      5100 Is Vlg Cir

      Multifamily properties • 131.00 Acres
      5100 Is Vlg Cir, Saint James City, FL 33956
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    Similar Nearby for Sale

    • Contact for pricing

      Established Beauty Salon For Sale

      Turnkey beauty salon in Winn Dixie Shopping Center.
      9848 Stringfellow Rd, St James City, FL 33956
      View Details
    • $475,000
      0.23 Acres

      Waterfront Double Lot Paradise

      Two contiguous buildable lots with direct Gulf access.
      3977 Coconut Dr, Saint James City, FL 33956
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    • $179,000
      0.08 Acres

      Gulf Access Vacant Lot

      Direct Gulf access lot with new dock and boat lift.
      3924 Plumosa Dr, St James City, FL 33956
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    • $139,900

      Land For Sale

      Land available for sale.
      5008 Sandpiper Dr, St James City, FL 33956
      View Details
    • Contact for pricing

      Stringfellow Road Vacant Land

      Vacant land with direct road frontage and good visibility.
      4140 Stringfellow Rd, Saint James City, FL 33956
      View Details

    Similar Nearby for Lease

    • $1,850 /Mo
      35,000 SF

      Commercial Land For Rent

      Commercial land available for rent, construction completion December 2025.
      10081 Betsy Pkwy, Saint James City, FL 33956
      View Details
    • $1,550 /Mo
      19,994 SF

      Warehouse Unit For Lease

      Warehouse unit available for lease with overhead door.
      5280 Doug Taylor Cir, Saint James City, FL 33956
      View Details
    • $14 SF/Yr
      121,576 SF

      Remodeled Office Spaces Available

      Newly remodeled office spaces for lease with tenant build-out.
      8359 Stringfellow Rd, Saint James City, FL 33956
      View Details
    • $1,550 /Mo
      46,696 SF

      Warehouse Unit For Lease

      Newer warehouse unit available for lease.
      10161 Mallory Pkwy E, Saint James City, FL 33956
      View Details
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    9848 Stringfellow Rd
    Saint James City, FL 33956
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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