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Property profile & analytics
OFF-MARKET
Estimated value
$3,240,000
Flex space
10945 Metro Pkwy Fort Myers, FL 33966-1202
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US18-0811890
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1985
Construction
STEEL FRAME
Total area
40,106 SF
Lot
4.69 ac (204,234 SF)
Zoning code
IL IL
APN
06-45-25-00-00007.0090
UPID
US18-0811890
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
-
D & D Machine & Hydraulics Inc Industrial Manufacturer 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
$3.24M
Owner & transaction history
D & D Machine & Hydraulics INC · 24 yrs held
D & D Machine & Hydraulics INC
since 2002
5 recorded transactions
Zoning & alternative use
IL IL · 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
$81 / 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
$33,766
Tax year 2023
Assessed value
$2,397,120
Assessed 2023
Previous assessed
$2,709,828
-11.5% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,463,311
Assessed improvement
$933,809
Land market value
$1,463,311
Improvement market value
$933,809
Total market value
$2,397,120
Applied tax rate
47.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
1
Total area
40,106 SF
Lot
4.69 ac (204,234 SF)
Zoning code
IL IL
APN
06-45-25-00-00007.0090
UPID
US18-0811890
Jurisdiction
LEE
Zoning & alternative use
IL IL · Fort Myers, FL
Zoning IL IL · permitted uses
IL IL · 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
1985
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
4.69 ac
Current owner
From public records · entity-resolved
D & D Machine & Hydraulics INC
Entity
Mailing address
10945 METRO PKWY, FORT MYERS, FL 33966-1202
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2025
—
D & D Machine & Hydraulics INC
—
Deed
related
$500,000 · Cogent Bank
Jan 8, 2002
$1,650,000
D & D Machine & Hydraulics INC
Brentwood Pine Road Industrial
Grant Deed
$1,485,000 · Amsouth Bank
—
—
D & D Machine & Hydraulics INC
—
Deed Of Trust
related
$1,500,000 · Regions Bank
—
—
D & D Machine & Hydraulics INC
—
Deed Of Trust
related
$1,400,000 · Amsouth Bank
—
—
D & D Machine & Hydraulics INC
—
Deed Of Trust
related
$1,400,000 · Regions 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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