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Property profile & analytics
OFF-MARKET
Retail space
1107 Homestead N Rd Lehigh Acres, FL 33936-6001
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-4675771
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1974
Construction
FRAME
Total area
1,872 SF
Lot
11.13 ac (484,997 SF)
Zoning code
C-2
APN
31-44-27-20-0000A.0000
UPID
US18-4675771
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
-
The Ice Cream Shop Grocery & Convenience Store Specialty Food Shop
-
Country Style Ice Cream Grocery & Convenience Store Specialty Food Shop
-
Passkey Realty Real Estate Agency
-
The Triplett Group Brokered by Passkey Realty Real Estate Agency
-
Phantom Fireworks Tent Discount Store Party Supply Store
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
Whlr Sunshine Shopping Plaza LLC · 10 yrs held
Whlr Sunshine Shopping Plaza LLC
since 2015
3 recorded transactions
Zoning & alternative use
C-2 · Lehigh Acres, 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 Lehigh Acres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lehigh Acres 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
$138,334
Tax year 2023
Assessed value
$12,616,748
Assessed 2023
Previous assessed
$11,252,939
+12.1% YoY
Effective rate
1.10%
On assessed value
Assessed land
$6,113,872
Assessed improvement
$6,502,876
Land market value
$6,113,872
Improvement market value
$6,502,876
Total market value
$12,616,748
Applied tax rate
48.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1974
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
10
Stories
1
Total area
1,872 SF
Lot
11.13 ac (484,997 SF)
Zoning code
C-2
APN
31-44-27-20-0000A.0000
UPID
US18-4675771
Jurisdiction
LEE
Zoning & alternative use
C-2 · Lehigh Acres, FL
Zoning C-2 · permitted uses
C-2 · Lehigh Acres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lehigh Acres. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
10
Lot
11.13 ac
Current owner
From public records · entity-resolved
Whlr Sunshine Shopping Plaza LLC
Entity
Free & Clear · 10 yrs held
Mailing address
2529 VIRGINIA BCH BLVD STE #200, VIRGINIA BEACH, VA 23452-7650
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2023
—
Whlr Sunshine Shopping Plaza LLC
—
Deed
related
$61,100,000 · Insurance Strategy Funding Xxviii LLC
Jul 22, 2015
$10,350,000
Whlr Sunshine Shopping Plaza LLC
Crp II Sunshine Shopping Plaza LLC
Warranty Deed
—
Jan 3, 2008
$8,886,000
II Sunshine Shopping Plaza II
Gad & Asher Realty Ada Complia
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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