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Property profile & analytics
FOR SALE
Office Units
1211 Miramar St Cape Coral, FL 33904
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-1432788
For Sale
1 / 18
$665,000
1211 Miramar St, Cape Coral, FL 33904
View Listing →
Property summary
AI-generated overview
This commercial unit is located in a central Cape Coral location, situated off Cape Coral Parkway and Coronado. The lot size is 0.216 acres. Tenants are typically responsible for electric, cable/internet, and a monthly payment towards water and commercial taxes.
Property profile
Verified
Property type
Office Units
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,755 SF
Lot
0.22 ac (9,420 SF)
Zoning code
SC
APN
18-45-24-C2-00068.0080
UPID
US18-1432788
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
-
Lorenee Inc Consultant Bookkeeping Service
-
Cape Floors By Design Carpet & Flooring Store Hardware & Home Improvement
-
Hospitality Digital Marketing Advertising Agency Marketing & Advertising
-
The Hospitality Channel Television Studio Media Distribution
-
Custom Upholstery by Allen LLC Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$734k
Blend (final)
Blend
$665k
Owner & transaction history
Yed Investment Group LLC · 5 yrs held
Yed Investment Group LLC
since 2020
Last sale
$475,000
6 recorded transactions
Zoning & alternative use
SC · Cape Coral, 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 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
$690,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$950,000
Current use
WAREHOUSE, STORAGE
$845,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $475k (Dec 22 2020)
Last sale anchor
$475k
Dec 22 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
$140 / 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
$10,639
Tax year 2023
Assessed value
$710,583
Assessed 2023
Previous assessed
$502,629
+41.4% YoY
Effective rate
1.50%
On assessed value
Assessed land
$113,115
Assessed improvement
$597,468
Land market value
$113,115
Improvement market value
$597,468
Total market value
$710,583
Applied tax rate
56.0000
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
Office Units
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Sale
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
4,755 SF
Lot
0.22 ac (9,420 SF)
Zoning code
SC
APN
18-45-24-C2-00068.0080
UPID
US18-1432788
Jurisdiction
LEE
Zoning & alternative use
SC · Cape Coral, FL
Zoning SC · permitted uses
SC · 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
OFFICE BUILDING Current
Est. value
$950,000
WAREHOUSE, STORAGE
Est. value
$845,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Yed Investment Group LLC
Entity
Mailing address
350 NW 124TH AVE, MIAMI, FL 33182-1240
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2020
$475,000
Yed Investment Group LLC
1211 Miramar LLC
Grant Deed
—
Oct 2, 2019
—
1211 Miramar LLC
—
Deed
related
$200,000 · James W II Haverfield
Nov 18, 2011
—
Rosemary T Pace
—
Trustees Deed
related
$150,000 · Barron L Dietz
Jan 20, 2004
$300,000
1211 Miramar LLC
Alesso,alphonse
Grant Deed
—
—
—
1211 Miramar LLC
—
Deed Of Trust
related
$200,000 · James W II Haverfield
—
—
Barron L Dietz
—
Deed Of Trust
related
$300,000 · Somec America
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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