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Property profile & analytics
OFF-MARKET
Estimated value
$4,075,000
Industrial properties
10650 Metro Pkwy Fort Myers, FL 33966-1187
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-0267811
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
46,037 SF
Lot
5.06 ac (220,196 SF)
Zoning code
MU
APN
06-45-25-P4-00063.0050
UPID
US18-0267811
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
-
Suzanne's Dance Fitness Gym & Fitness Center
-
Cabinets On The Go Hardware & Home Improvement Furniture & Home Goods
-
Leonard's Senior Studio FORT MYERS Photography Service (Bike/Boat/Book/etc) Store
-
Molly Maid of Ft. Myers Hardware & Home Improvement
-
The Dance Warehouse Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.08M
Owner & transaction history
Florida Brothers LLC · 12 yrs held
Florida Brothers LLC
since 2014
7 recorded transactions
Zoning & alternative use
MU · Fort Myers, 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 Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers 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
$89 / 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
$42,898
Tax year 2023
Assessed value
$3,285,106
Assessed 2023
Previous assessed
$2,148,281
+52.9% YoY
Effective rate
1.31%
On assessed value
Assessed land
$677,411
Assessed improvement
$2,607,695
Land market value
$677,411
Improvement market value
$2,607,695
Total market value
$3,285,106
Applied tax rate
90.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
46,037 SF
Lot
5.06 ac (220,196 SF)
Zoning code
MU
APN
06-45-25-P4-00063.0050
UPID
US18-0267811
Jurisdiction
LEE
Zoning & alternative use
MU · Fort Myers, FL
Zoning MU · permitted uses
MU · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
5.06 ac
Current owner
From public records · entity-resolved
Florida Brothers LLC
Entity
Mailing address
10650 METRO PKWY STE #107, FORT MYERS, FL 33966-1188
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2020
—
Florida Brothers LLC
—
Deed
related
$250,000 · Sanibel Captiva Cmnty Bk
Jun 26, 2019
—
Florida Brothers LLC
—
Deed
related
$250,000 · Sanibel Captiva Community Bank
Mar 26, 2014
$900,100
Florida Brothers LLC
Metro Marketplace LLC Coc
Trustees Deed
related
—
Jan 26, 2007
—
Metro Marketplace LLC
—
Trustees Deed
related
$3,879,698 · Orion Bank
Feb 8, 2005
—
Metro Marketplace LLC
—
Trustees Deed
related
$2,804,000 · Old Florida Bank
Oct 1, 2004
$784,100
Metro Marketplace LLC
Miller,keith A & Stephanie S
Warranty Deed
$784,080 · Paul J & Deborah A Antonuccio
—
—
Florida Brothers LLC
—
Loan Modification
related
$250,000 · Sanibel Captiva Cmnty Bk
—
—
Metro Marketplace LLC
—
Deed Of Trust
related
$1,154,000 · Orion Bank
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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