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Property profile & analytics
FOR LEASE
Strip malls
1109 Del Prado Blvd S Cape Coral, FL 33990
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-4165091
For Lease
1 / 2
$22 SF/Yr
1109 Del Prado Blvd S, Cape Coral, FL 33990
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,394 SF
Lot
1.94 ac (84,473 SF)
Zoning code
C-1
APN
20-44-24-C1-01276.000C
UPID
US18-4165091
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
-
Sunshine Dental Center Dental Office
-
Gray Shark Barber Shop Barber Shop
-
Englund's Subs Food Market Restaurant
-
LOYAL MULTI SERVICE OFFICE Big Box & Wholesale Store
-
China Wok Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.24M
Blend (final)
Blend
$3.96M
Owner & transaction history
Rmadrugdelprado LLC · 6 yrs held
Rmadrugdelprado LLC
since 2020
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
C-1 · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.9M
+92.5%
Restaurant
$3.9M
+25.7%
Commercial (general)
$3.3M
+8.8%
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
Method
Estimation
Statistic approach
by Request
ML approach
$5,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,075,000
Current use
AUTO REPAIR, GARAGE
$5,920,000
Change: +92% · Conversion: Difficult
RESTAURANT
$3,865,000
Change: +26% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,345,000
Change: +9% · Conversion: Easy
MEDICAL BUILDING
$2,575,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$2,555,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$3.96M
Range $3.56M – $4.35M · ±10% · vs last sale $3.83M (Mar 19 2020)
Last sale anchor
$3.83M
Mar 19 2020
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
$471 / 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
$39,278
Tax year 2023
Assessed value
$2,791,485
Assessed 2023
Previous assessed
$2,791,485
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,323,354
Assessed improvement
$1,468,131
Land market value
$1,323,354
Improvement market value
$1,468,131
Total market value
$2,791,485
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
8,394 SF
Lot
1.94 ac (84,473 SF)
Zoning code
C-1
APN
20-44-24-C1-01276.000C
UPID
US18-4165091
Jurisdiction
LEE
Zoning & alternative use
C-1 · Cape Coral, FL
Zoning C-1 · permitted uses
C-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$5.9M
RESTAURANT
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$2.6M
RETAIL STORES
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
1.94 ac
Current owner
From public records · entity-resolved
Rmadrugdelprado LLC
Entity
Free & Clear · 6 yrs held
Mailing address
226 W SAN MARINO DR, MIAMI BEACH, FL 33139-1132
Ownership since
2020
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
Mar 19, 2020
$3,825,000
Rmadrugdelprado LLC
Demari LLC
Warranty Deed
—
Jun 21, 2016
$2,650,000
Demari LLC
Chandelle Square LLC
Warranty Deed
$1,925,000 · Centerstate Bk/fl
Jun 21, 2016
—
Gail L Dupre
Dupre,john L
Affidavit Of Death
related
—
Feb 13, 2015
$1,926,000
Chandelle Square LLC
Dupre Gail L Trust
Warranty Deed
—
Jun 24, 1997
$1,435,000
John Dupre
Diephouse,alvin R & Margaret A
Grant Deed
—
—
—
Dupre Gail L Trust
—
Deed Of Trust
related
$2,500,000 · Florida Gulf Bank
—
—
Dupre Gail L Trust
—
Deed Of Trust
related
$1,688,542 · Florida Gulf 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.
Try Rey
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