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Property profile & analytics
OFF-MARKET
Estimated value
$3,490,000
Drug stores
11300 State Rd 82 Fort Myers, FL 33905-5400
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-6078387
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,397 SF
Lot
1.74 ac (76,012 SF)
Zoning code
PUD
APN
25-44-25-P4-00061.0020
UPID
US18-6078387
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.31M
Comparable Approach
Comparable
$3.76M
Blend (final)
Blend
$3.49M
Owner & transaction history
Kimberly Estates Mobile Hm Par · 20 yrs held
Kimberly Estates Mobile Hm Par
since 2006
5 recorded transactions
Zoning & alternative use
PUD · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.5M
+5.2%
Medical building
$4.4M
+2.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,585,000
6.5%
$3,310,000
7%
$3,075,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,270,000
Current use
OFFICE BUILDING
$4,490,000
Change: +5% · Conversion: Easy
MEDICAL BUILDING
$4,360,000
Change: +2% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,065,000
Change: -5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,875,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$3.49M
Range $3.14M – $3.84M · ±10%
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
$213 / 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
$61,278
Tax year 2023
Assessed value
$4,785,371
Assessed 2023
Previous assessed
$4,536,701
+5.5% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,958,121
Assessed improvement
$1,827,250
Land market value
$2,958,121
Improvement market value
$1,827,250
Total market value
$4,785,371
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
16,397 SF
Lot
1.74 ac (76,012 SF)
Zoning code
PUD
APN
25-44-25-P4-00061.0020
UPID
US18-6078387
Jurisdiction
LEE
Zoning & alternative use
PUD · Fort Myers, FL
Zoning PUD · permitted uses
PUD · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.3M
OFFICE BUILDING
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.4M
WAREHOUSE, STORAGE
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
RETAIL STORES Current
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.74 ac
Current owner
From public records · entity-resolved
Kimberly Estates Mobile Hm Par
Individual
Mailing address
1 CVS DR, WOONSOCKET, RI 02895-6146
Ownership since
2006
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
Feb 1, 2006
$5,550,000
Kimberly Estates Mobile Hm Par
Forteck LLC
Warranty Deed
—
Apr 20, 2005
—
Forteck LLC
—
Trustees Deed
related
$1,985,000 · City National Bank Of Florida
—
—
Forteck LLC
—
Deed Of Trust
related
$250,000 · City National Bank Of Florida
—
—
Kimberly Estates Mobile Hm Par
—
Deed Of Trust
related
$2,774,901 · Ing USA Annunity & Life Ins Co
—
—
Kimberly Estates Mobile Hm Par
—
Deed Of Trust
related
$1,807,236 · Ing USA Annunity & Life Ins Co
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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