Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    120 Homestead S Rd Lehigh Acres, FL 33936-7651

    • Strip malls
    • 11,380 SF
    • 2.55 lot acres
    OFF-MARKET
    Value Estimation
    $3,390,000
    Last Sale
    Nov 22, 2021
    $3,550,000
    Location Intelligence
    Property ID
    US18-7737177
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pj’s / Barber Shop
    • King Homes / Home Builder
    • King's Preferred Realty / Real Estate Agency
    • Dollar Tree / Toy Store / Dollar Store

    Property Details for 120 Homestead S Rd

    Year built
    2020
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.55 lot acres
    Property size
    11,380 SF
    Zone code
    MPD
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    05-45-27-00-00005.0050
    APU
    5452700000050050

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,480,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,525,000
      6.5%
      $3,215,000
      7%
      $3,520,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,505,000
      Geo Method
      $2,900,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,995,000
      Retail
      $3,315,000
      Mixed-Use
      $3,540,000
      Hospitality
      $2,830,000
      Educational
      $2,895,000
      Residential Income
      $3,180,000
      Energy
      $3,785,000
      Income-Based Land
      $3,445,000
      Food Service
      $2,735,000

    Location Insight

    • Map
    • Local Demand
    City
    Lehigh Acres
    County
    Lee
    State
    Florida
    Longitude
    -81.6335
    Latitude
    26.5914
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $38,746
    $1,666,170
    $1,903,441
    $3,569,611
    -
    $1,666,170
    $1,903,441
    $3,569,611

    Comparable in this City

    • Value Estimation by Request
      5,046 SF

      50 Joel Blvd

      SHOPPING CENTER, STRIP CENTER • 5,046 SF
      50 Joel Blvd, Lehigh Acres, FL 33936-2302
      View Details
    • Value Estimation
      $1,070,000
      8,164 SF

      1315 Homestead N Rd

      SHOPPING CENTER, STRIP CENTER • 8,164 SF
      1315 Homestead N Rd, Lehigh Acres, FL 33936-6034
      View Details
    • Value Estimation
      $795,000
      5,006 SF

      700 Leeland Hts W Blvd

      SHOPPING CENTER, STRIP CENTER • 5,006 SF
      700 Leeland Hts W Blvd, Lehigh Acres, FL 33936-6660
      View Details
    • Value Estimation by Request
      6,566 SF

      27 Homestead N Rd

      SHOPPING CENTER, STRIP CENTER • 6,566 SF
      27 Homestead N Rd, Lehigh Acres, FL 33936-6672
      View Details
    • Value Estimation
      $2,260,000
      6,681 SF

      1305 Homestead N Rd

      SHOPPING CENTER, STRIP CENTER • 6,681 SF
      1305 Homestead N Rd, Lehigh Acres, FL 33936-6014
      View Details
    • Value Estimation
      $770,000
      4,650 SF

      516 Joel Blvd

      SHOPPING CENTER, STRIP CENTER • 4,650 SF
      516 Joel Blvd, Lehigh Acres, FL 33936-4404
      View Details

    Similar Nearby for Sale

    • $1,200,000
      7,245 SF

      Indoor Flea Market For Sale

      Indoor flea market with leasing opportunities, also for sale.
      270/272 Beth Stacey Blvd, Lehigh Acres, FL 33936
      View Details
    • $1,495,000
      1.88 Acres

      Large Commercial Property on Homestead

      Spacious commercial property in Lehigh Acres' central business district.
      15 Homestead Rd S, Lehigh Acres, FL 33936
      View Details
    • $2,247,000
      7,225 SF

      O'Reilly Auto Parts Investment

      NNN leased O'Reilly Auto Parts with long-term secure income.
      1000 S Loop Blvd, Lehigh Acres, FL 33936
      View Details
    • $1,200,000
      7,245 SF

      Retail Property Available For Sale

      Retail property for sale or lease in Lehigh Acres, FL.
      270 Beth Stacey Blvd, Lehigh Acres, FL 33936
      View Details
    • $35,000
      0.50 Acres

      Residential Lot in Lehigh Acres

      0.50-acre residential lot in a growing Lehigh Acres community.
      302 Louis Ave, Lehigh Acres, FL 33936
      View Details
    • $60,000
      1.00 Acre

      Lehigh Acres 1-Acre Lot

      One-acre lot in Lehigh Acres, suitable for residential development.
      312 Abbott Ave, Lehigh Acres, FL 33936
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 Homestead S Rd
    Lehigh Acres, FL 33936-7651
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.