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Property profile & analytics
OFF-MARKET
Estimated value
$18,175,000
Industrial land
1195 Main St Fort Myers Beach, FL 33931-2269
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US19-0652993
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Construction
WOOD FRAME
Lot
1.74 ac (75,891 SF)
Zoning code
IL IL
APN
19-46-24-00-00005.0200
UPID
US19-0652993
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
-
Woodys Mobile Boat Repair/Marine Mechanic (Bike/Boat/Book/etc) 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
$18.18M
Owner & transaction history
Bay Harbour Marina Village LLC · 4 yrs held
Bay Harbour Marina Village LLC
since 2022
Last sale
$18.0M
7 recorded transactions
Zoning & alternative use
IL IL · Fort Myers Beach, 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 Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers Beach 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
$18,530,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$18.18M
Range $16.36M – $19.99M · ±10% · vs last sale $18.00M (May 26 2022)
Last sale anchor
$18.00M
May 26 2022
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
—
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
$19,476
Tax year 2023
Assessed value
$1,409,232
Assessed 2023
Previous assessed
$1,118,767
+26.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$1,389,210
Assessed improvement
$20,022
Land market value
$1,389,210
Improvement market value
$20,022
Total market value
$1,409,232
Applied tax rate
78.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Lot
1.74 ac (75,891 SF)
Zoning code
IL IL
APN
19-46-24-00-00005.0200
UPID
US19-0652993
Jurisdiction
LEE
Zoning & alternative use
IL IL · Fort Myers Beach, FL
Zoning IL IL · permitted uses
IL IL · Fort Myers Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Lot
1.74 ac
Current owner
From public records · entity-resolved
Bay Harbour Marina Village LLC
Entity
Mailing address
1310 SW 4TH TER, CAPE CORAL, FL 33991-1404
Ownership since
2022
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
May 26, 2022
$18,000,000
Bay Harbour Marina Village LLC
Southern Comfort Storage LLC
Warranty Deed
$6,000,000 · Southern Comfort Storage LLC
Jun 12, 2015
$2,100,000
Southern Comfort Storage LLC
Crimson Main Street Marina LLC
Grant Deed
—
Mar 21, 2013
$1,368,000
Crimson Main Street Marina LLC
Synovus Bk
Grant Deed
—
Mar 11, 2008
—
Compass Rose Marina Jv LLC
—
Deed Of Trust
related
$12,000,000 · Compass Rose Marina Trust (tr)
Feb 22, 2007
$4,432,500
Compass Rose Marina Jv LLC
Compass Rose Venture LLC
Warranty Deed
—
Feb 16, 2007
—
Compass Rose Marina Jv LLC
Compass Rose Venture LLC
Quit Claim Deed
—
—
—
Compass Rose Marina INC
—
Deed Of Trust
related
$75,000 · South Florida 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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