New search
Property profile & analytics
FOR LEASE
Strip malls
10654 Colonial Blvd Fort Myers, FL 33913
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5301101
For Lease
$2,530,000
10654 Colonial Blvd, Fort Myers, FL 33913
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
26,428 SF
Lot
8.06 ac (350,908 SF)
Zoning code
SDA
APN
35-44-25-P2-03500.0010
UPID
US18-5301101
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
-
Bacarella Insurance Group Insurance Agency
-
Domino's Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.77M
Blend (final)
Blend
$2.53M
Owner & transaction history
Arbor Lin LLC · 4 yrs held
Arbor Lin LLC
since 2021
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
SDA · 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
Method
Estimation
Statistic approach
$2,595,000
ML approach
$2,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.53M
Range $2.28M – $2.78M · ±10% · vs last sale $2.60M (Sep 8 2021)
Last sale anchor
$2.60M
Sep 8 2021
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
$96 / 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
$85,054
Tax year 2023
Assessed value
$5,195,443
Assessed 2023
Previous assessed
$4,511,191
+15.2% YoY
Effective rate
1.64%
On assessed value
Assessed land
$3,406,615
Assessed improvement
$1,788,828
Land market value
$3,406,615
Improvement market value
$1,788,828
Total market value
$5,195,443
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
26,428 SF
Lot
8.06 ac (350,908 SF)
Zoning code
SDA
APN
35-44-25-P2-03500.0010
UPID
US18-5301101
Jurisdiction
LEE
Zoning & alternative use
SDA · Fort Myers, FL
Zoning SDA · permitted uses
SDA · 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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
8.06 ac
Current owner
From public records · entity-resolved
Arbor Lin LLC
Entity
Mailing address
855 18TH AVE S, NAPLES, FL 34102-7542
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2021
$5,100,000
Arbor Lin LLC
Arbor Towne Investors LLC
Special Warranty Deed
related
$4,080,000 · Lake Michigan Cu
Jan 2, 2018
$2,600,000
Arhor Towne Invorstrs LLC
Goodwill Industries Of Southwest Fl
Special Warranty Deed
—
Jan 4, 2011
—
Goodwill Industries Of Southwest
—
Deed Of Trust
related
$8,486,000 · Suntrust Bank NA
Feb 2, 2010
$3,360,000
Goodwill Industries Of Southwest
Regions Bk
Grant Deed
$2,856,000 · Regions Bank
Jan 12, 2010
$1,650,100
Regions Bk
Tgi Fort Myers Treelin Coc
Trustees Deed
related
—
Feb 15, 2008
$9,300,000
Tgi Fort Myers-treeline LLC
100 Treeline East LLC
Grant Deed
$19,175,000 · Regions Bank
Dec 30, 2004
$8,000,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
$5,600,000 · Bay Colony-gateway INC
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
