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Financial
Distress signals
Property profile

4901 Palm Beach Blvd Fort Myers, FL 33905

FOR LEASE
Community centers
Property ID
US18-3532794
3,237 SF 19.76 ac lot Built 1982
Last sale Aug 2013 · $6,500,000
Trust Owned Owner of record is a trust. 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Morse Shores is a neighborhood retail shopping center totaling 170,811 square feet. The center is anchored by Big Lots, Citi Trends, Save-A-Lot, and Dollar General, and includes long-term tenants with established occupancy history; Big Lots expanded its footprint by more than 17,000 square feet during a lease renewal period that extended its tenancy for an additional term. As a retail complex, Morse Shores is positioned for ongoing use as a shopping center with multiple tenant spaces, including…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$165k
Tax billed · 2023
Assessed value$11.97M
Assessed land$2.16M
Assessed improvement$9.81M
Effective rate1.38%

Value estimate

· Oct 2026
$11.33M
$10.19M – $12.46M
NOI build-up
Gross scheduled income$867k
Vacancy & credit loss−$26k
Operating expenses−$252k
NOI · 3,923,500.00% cap applied$589k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$236/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$145 – $387

Cap rate analysis

How does the asset earn?
3,923,500.00%
$589k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CC
JurisdictionLEE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.3
Law Firm17.7
Dental Office17.5

Location

4901 Palm Beach Blvd Fort Myers, FL 33905
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 16 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9360 Dynasty, Fort Myers, FL 33905-5574 $41,370,000 Nov 2024 6,800 SF
14630 Palm Bch, Fort Myers, FL 33905-2333 $1,400,000 Nov 2022 3,843 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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