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Property profile & analytics
OFF-MARKET
Distribution centers
12940 Expy Ctb1 Fort Myers, FL 33913-8658
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5538964
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Total area
2,064 SF
Lot
0.52 ac (22,482 SF)
APN
18-45-26-33-0000B.00B1
UPID
US18-5538964
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
-
Coastal Living Electrical, LLC. Electrical Service General Contractor
-
RIG Entertainment LLC Nightclub Music Venue
-
Direct Heating & Cooling HVAC Service General Contractor
-
Onnon Building General Contractor
-
Cash Register Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Philip A Mcmanus · 3 yrs held
Philip A Mcmanus
since 2022
Last sale
$356,500
6 recorded transactions
Zoning & alternative use
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
—
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
$5,998
Tax year 2023
Assessed value
$370,149
Assessed 2023
Previous assessed
$370,149
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed improvement
$370,149
Improvement market value
$370,149
Total market value
$370,149
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2007
Heating
NONE
Stories
1
Bathrooms
1
Total area
2,064 SF
Lot
0.52 ac (22,482 SF)
APN
18-45-26-33-0000B.00B1
UPID
US18-5538964
Jurisdiction
LEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Philip A Mcmanus
Individual
Mailing address
6268 E TRUSDELL AVE, SYRACUSE, IN 46567-9419
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2022
$356,500
Philip A Mcmanus
Pulte Home Company LLC
Warranty Deed
$150,000 · Pulte Mortgage LLC
Dec 8, 2022
$375,000
Kimberly Herr
Sebmic Realty Corp INC
Warranty Deed
—
Jun 29, 2020
$225,000
Sebmic Realty Corp
Capers Realty LLC
Warranty Deed
—
Apr 12, 2018
$206,000
Capers Realty LLC
Uncle Dick LLC
Warranty Deed
—
Nov 1, 2016
$160,000
Uncle Dick LLC
Mason,joseph
Warranty Deed
—
Jan 3, 2008
$290,000
Joseph Mason
Daniels Industrial Condo Ltd
Grant Deed
$216,000 · Allied Mortgage & Financial Co
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
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