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Property profile & analytics
FOR SALE
Outlet malls
12180 Metro Pkwy Fort Myers, FL 33966
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-2205810
For Sale
1 / 2
$3,150,000
12180 Metro Pkwy, Fort Myers, FL 33966
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2004
Construction
STEEL FRAME
Total area
32,038 SF
Lot
2.17 ac (94,569 SF)
Zoning code
CPD
APN
18-45-25-05-0000B.0020
UPID
US18-2205810
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
-
Price Cutter Specialty Food Shop Supermarket
-
The Home Depot Distribution Center Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.15M
Owner & transaction history
12180 Metro Corner LLC · 7 yrs held
12180 Metro Corner LLC
since 2019
7 recorded transactions
Zoning & alternative use
CPD · Fort Myers, 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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$98 / 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
$33,483
Tax year 2023
Assessed value
$2,551,932
Assessed 2023
Previous assessed
$2,094,026
+21.9% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,473,196
Assessed improvement
$1,078,736
Land market value
$1,473,196
Improvement market value
$1,078,736
Total market value
$2,551,932
Applied tax rate
47.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Sale
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
32,038 SF
Lot
2.17 ac (94,569 SF)
Zoning code
CPD
APN
18-45-25-05-0000B.0020
UPID
US18-2205810
Jurisdiction
LEE
Zoning & alternative use
CPD · Fort Myers, FL
Zoning CPD · permitted uses
CPD · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.17 ac
Current owner
From public records · entity-resolved
12180 Metro Corner LLC
Entity
Mailing address
20 E TIMONIUM RD, TIMONIUM, MD 21093-3455
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2020
—
12180 Metro Corner LLC
—
Deed
related
$2,300,000 · Valley Nat'l Bk
Apr 26, 2019
$2,870,000
12180 Metro Corner LLC
12180 Metro LLC
Warranty Deed
—
Nov 28, 2018
$100
12180 Metro LLC
Phoenix First INC
Deed In Lieu Of Foreclosure
related
—
Sep 27, 2016
—
Phoenix First INC
—
Deed
related
$700,000 · 12180 Metro LLC
Sep 24, 2008
—
Janitorial Supplies Pyramid II
—
Trustees Deed
related
$500,000 · Orion Bank
Oct 15, 2007
—
Janitorial Supplies Pyramid II
—
Trustees Deed
related
$250,000 · Orion Bank
Jun 21, 2006
—
Janitorial Supplies Pyramid II
—
Trustees Deed
related
$400,000 · Orion Bank
Apr 16, 2003
$520,000
Janitorial Supplies Pyramid II
Crant,john H
Grant Deed
$2,100,000 · First National Bank Florida
Dec 22, 1997
$220,000
John H Crant Trustee
Gerard A Mchale Trustee
Grant Deed
$165,000 · First National Bank
—
—
Janitorial Supplies Pyramid II
—
Deed Of Trust
related
$750,000 · Fifth Third Bank
—
—
Janitorial Supplies Pyramid II
—
Deed Of Trust
related
$2,400,000 · Orion Bank
—
—
Janitorial Supplies Pyramid II
—
Deed Of Trust
related
$2,748,032 · Orion Bank
—
—
Phoenix First INC
—
Deed Of Trust
related
$700,000 · 12180 Metro LLC
—
—
12180 Metro Corner LLC
—
Deed Of Trust
related
$2,300,000 · Valley Nat'l Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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