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Property profile & analytics
FOR SALE
Warehouses
1007 7th Ter Cape Coral, FL 33909-3135
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0374755
For Sale
1 / 8
$1,650,000
1007 7th Ter, Cape Coral, FL 33909-3135
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2009
Construction
STEEL FRAME
Total area
4,646 SF
Lot
0.44 ac (19,375 SF)
Zoning code
CORR
APN
07-44-24-C1-02013.0010
UPID
US19-0374755
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Griffith Cooling and Heating - An Elevate Home Services company HVAC Service General Contractor
-
Sensible Price AC Hardware & Home Improvement HVAC Service
-
Screens Over SW Florida Computer & Electronic Repair Tech Support Center
-
AMETHYST design+style Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$730k
Comparable Approach
Comparable
$969k
Blend (final)
Blend
$845k
Owner & transaction history
Jif LLC · 16 yrs held
Jif LLC
since 2010
4 recorded transactions
Zoning & alternative use
CORR · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+13.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cape Coral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape Coral submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$675,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$880,000
Current use
OFFICE BUILDING
$1,000,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$182 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,598
Tax year 2023
Assessed value
$736,471
Assessed 2023
Previous assessed
$468,808
+57.1% YoY
Effective rate
1.30%
On assessed value
Assessed land
$96,658
Assessed improvement
$639,813
Land market value
$96,658
Improvement market value
$639,813
Total market value
$736,471
Applied tax rate
57.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
2009
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
5
Total area
4,646 SF
Lot
0.44 ac (19,375 SF)
Zoning code
CORR
APN
07-44-24-C1-02013.0010
UPID
US19-0374755
Jurisdiction
LEE
Zoning & alternative use
CORR · Cape Coral, FL
Zoning CORR · permitted uses
CORR · Cape Coral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cape Coral. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$880,000
OFFICE BUILDING
Est. value
$1.0M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
5
Lot
0.44 ac
Current owner
From public records · entity-resolved
Jif LLC
Entity
Free & Clear · 16 yrs held
Mailing address
3720 HIDDEN VLY CIR, PUNTA GORDA, FL 33982-8706
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2010
$385,000
Jif LLC
Gencan INC
Warranty Deed
—
Jun 28, 2007
—
Gencan INC
—
Trustees Deed
related
$140,000 · Busey Bank
May 10, 2005
—
Gencan INC
—
Trustees Deed
related
$536,000 · Busey Bank Florida
Jun 11, 2004
$125,000
Gencan INC
Short,edward J
Warranty Deed
$62,500 · Busey Bank Florida
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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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