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Property profile & analytics
OFF-MARKET
Estimated value
$1,770,000
Turn key restaurants
1217 Del Prado S Blvd, Cape Coral, FL 33990-3643
Entity Owned
~
Est. High Equity
Property ID
US18-5260085
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,645 SF
Lot
0.69 ac (29,926 SF)
Zoning code
C1-W C1-W
APN
20-44-24-C4-01270.00A0
UPID
US18-5260085
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
-
Cape 912, Inc. Charitable Organization Social Service Agency
-
First Round Draft Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.77M
Owner & transaction history
Flagship Cap Sub 1 LLC
Flagship Cap Sub 1 LLC
since 2026
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
C1-W C1-W · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+53.1%
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 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
$1,830,000
ML approach
$1,760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,220,000
Current use
AUTO REPAIR, GARAGE
$1,865,000
Change: +53% · Conversion: Difficult
Blend value · Realmo final
$1.77M
Range $1.59M – $1.95M · ±10% · vs last sale $1.75M (Jul 28 2022)
Last sale anchor
$1.75M
Jul 28 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
$669 / 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
$12,468
Tax year 2023
Assessed value
$655,468
Assessed 2023
Previous assessed
$644,257
+1.7% YoY
Effective rate
1.90%
On assessed value
Assessed land
$268,191
Assessed improvement
$387,277
Land market value
$268,191
Improvement market value
$387,277
Total market value
$655,468
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
2,645 SF
Lot
0.69 ac (29,926 SF)
Zoning code
C1-W C1-W
APN
20-44-24-C4-01270.00A0
UPID
US18-5260085
Jurisdiction
LEE
Zoning & alternative use
C1-W C1-W · Cape Coral, FL
Zoning C1-W C1-W · permitted uses
C1-W C1-W · 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
RESTAURANT Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RESTAURANT Current
AUTO REPAIR, GARAGE
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
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Flagship Cap Sub 1 LLC
Entity
Mailing address
1217 DEL PRADO BLVD S, CAPE CORAL, FL 33990-3643
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2026
$120,100
Flagship Cap Sub 1 LLC
Sea Two Holdings LLC
Deed
—
Jul 28, 2022
$1,750,000
Sea Two Holdings LLC
1217 Del Prado Blvd LLC
Warranty Deed
$900,000 · Bank Of The Ozarks
Mar 15, 2022
—
John J Candiano
Charles E Shue
Correction Deed
related
—
Sep 12, 2008
$2,600
1217 Delprado Blvd LLC
Pierce,thomas O & Josephine M
Warranty Deed
—
Feb 22, 2006
$1,375,000
Thomas O Pierce
Candiano,john J & Sharon
Warranty Deed
$1,375,000 · John J & Sharon Candiano
Jul 2, 2003
—
John J Candiano
Shue,tr
Grant Deed
related
$400,000 · Shue Trust
Jul 1, 1994
$264,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
$527,400 · Citizens Bk
—
—
Thomas O Pierce
—
Deed Of Trust
related
$300,000 · Ronald E & Helen E Pierce
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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