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Property profile & analytics
OFF-MARKET
Distribution centers
1009 8th St 10 Cape Coral, FL 33909-3130
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-9663773
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Total area
1,237 SF
Lot
0.39 ac (16,815 SF)
Zoning code
CORR
APN
07-44-24-C1-01000.0010
UPID
US18-9663773
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
-
Designed Theatre Visions, Inc. Electronics & Wireless Store
-
Designed Theatre Visions Electronics & Wireless Store
-
De Russ Plumbing Plumbing Service General Contractor
-
Ribbon Roofing LLC Cape Coral Roofing Company General Contractor
-
Devin O'Connell Doors Hardware & Home Improvement Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Roderick D Jung · 3 yrs held
Roderick D Jung
since 2022
Last sale
$245,000
6 recorded transactions
Zoning & alternative use
CORR · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,596
Tax year 2023
Assessed value
$199,697
Assessed 2023
Previous assessed
$131,330
+52.1% YoY
Effective rate
1.80%
On assessed value
Assessed improvement
$199,697
Improvement market value
$199,697
Total market value
$199,697
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2007
Heating
NONE
Stories
1
Bathrooms
1
Total area
1,237 SF
Lot
0.39 ac (16,815 SF)
Zoning code
CORR
APN
07-44-24-C1-01000.0010
UPID
US18-9663773
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.
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Roderick D Jung
Individual
Free & Clear · 3 yrs held
Mailing address
17141 PRIMAVERA CIR, CAPE CORAL, FL 33909-3026
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2022
$245,000
Roderick D Jung
Wayne Moomjian
Warranty Deed
—
Feb 8, 2022
—
Wayne Moomjian
Adam Payne
Quit Claim Deed
related
—
Sep 2, 2020
—
Adam Payne
Adam Payne
Quit Claim Deed
related
—
Oct 2, 2019
$100
Adam Payne
Sarge,richard
Warranty Deed
—
Jul 2, 2007
$907,300
Southwest Florida LLC
Owner Name Unavailable
Grant Deed
related
—
May 31, 2005
$95,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
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.
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