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Property profile & analytics
OFF-MARKET
Estimated value
$3,550,000
Drug stores
1209 Del Prado S Blvd Cape Coral, FL 33990-3643
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-3473080
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,351 SF
Lot
1.37 ac (59,790 SF)
Zoning code
C-1
APN
20-44-24-C1-01276.000E
UPID
US18-3473080
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
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
CDReload Instant Bitcoin Crypto Atm
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
UPS Access Point location Courier Service Postal Service
-
Primo Water Refill Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.58M
CAP Approach
CAP
$3.10M
Comparable Approach
Comparable
$2.95M
Blend (final)
Blend
$3.55M
Owner & transaction history
Mdc Coast 26 LLC · 4 yrs held
Mdc Coast 26 LLC
since 2022
Last sale
$3.5M
4 recorded transactions
Zoning & alternative use
C-1 · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.3M
+31.0%
Neighborhood: shopping center
$4.9M
+20.4%
Medical building
$4.1M
+0.9%
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
$3,645,000
ML approach
$3,580,000
CAP Approach
CAP Return
Estimation
6%
$3,355,000
6.5%
$3,095,000
7%
$2,875,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,065,000
Current use
COMMERCIAL (GENERAL)
$5,320,000
Change: +31% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,890,000
Change: +20% · Conversion: Moderate
MEDICAL BUILDING
$4,100,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$3,360,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$3.55M
Range $3.20M – $3.91M · ±10% · vs last sale $3.49M (Jan 13 2022)
Last sale anchor
$3.49M
Jan 13 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
$266 / 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
$54,252
Tax year 2023
Assessed value
$3,688,354
Assessed 2023
Previous assessed
$3,553,743
+3.8% YoY
Effective rate
1.47%
On assessed value
Assessed land
$1,752,792
Assessed improvement
$1,935,562
Land market value
$1,752,792
Improvement market value
$1,935,562
Total market value
$3,688,354
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
13,351 SF
Lot
1.37 ac (59,790 SF)
Zoning code
C-1
APN
20-44-24-C1-01276.000E
UPID
US18-3473080
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
RETAIL STORES Current
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$5.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.4M
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
Mdc Coast 26 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2022
$3,486,200
Mdc Coast 26 LLC
Brauvin Net Investments LLC
Special Warranty Deed
—
Jan 13, 2022
—
Mdc Coast 26 LLC
Brauvin Net Investments LLC
Assignment Of Lease (leasehold Sale)
—
Apr 13, 2018
$2,859,800
Brauvin Net Investments LLC
Scp 2003c-2 LLC
Grant Deed
—
Aug 17, 2000
$940,000
Exxon Mobil Corp
Prudential Bache Cnl Natl Net
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.
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