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Property profile & analytics
OFF-MARKET
Estimated value
$2,110,000
Strip malls
1305 Homestead N Rd Lehigh Acres, FL 33936-6014
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4147276
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,681 SF
Lot
0.67 ac (29,375 SF)
Zoning code
C-2
APN
31-44-27-05-00009.004A
UPID
US18-4147276
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
-
Healthy Gourmet Restaurant
-
Olga Pena Falcon Corp Law Firm
-
Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Lehigh Discount Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.43M
CAP Approach
CAP
$1.63M
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$2.11M
Owner & transaction history
A & M Properties Of The Gulfcoast I · 2 yrs held
A & M Properties Of The Gulfcoast I
since 2023
Last sale
$2.1M
4 recorded transactions
Zoning & alternative use
C-2 · Lehigh Acres, 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 Lehigh Acres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lehigh Acres 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
$2,280,000
ML approach
$2,425,000
CAP Approach
CAP Return
Estimation
6%
$1,770,000
6.5%
$1,630,000
7%
$1,515,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,280,000
Current use
MEDICAL BUILDING
$1,910,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.11M
Range $1.90M – $2.32M · ±10% · vs last sale $2.10M (Aug 9 2023)
Last sale anchor
$2.10M
Aug 9 2023
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
$316 / 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
$14,968
Tax year 2023
Assessed value
$1,243,483
Assessed 2023
Previous assessed
$1,078,366
+15.3% YoY
Effective rate
1.20%
On assessed value
Assessed land
$154,924
Assessed improvement
$1,088,559
Land market value
$154,924
Improvement market value
$1,088,559
Total market value
$1,243,483
Applied tax rate
48.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
6,681 SF
Lot
0.67 ac (29,375 SF)
Zoning code
C-2
APN
31-44-27-05-00009.004A
UPID
US18-4147276
Jurisdiction
LEE
Zoning & alternative use
C-2 · Lehigh Acres, FL
Zoning C-2 · permitted uses
C-2 · Lehigh Acres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lehigh Acres. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL 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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
A & M Properties Of The Gulfcoast I
Entity
Mailing address
824 SE 47TH ST STE #2, CAPE CORAL, FL 33904-9078
Ownership since
2023
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
Aug 9, 2023
$2,100,000
A & M Properties Of The Gulfcoast I
1305 Homestead LLC
Warranty Deed
—
Jul 1, 2019
$1,250,000
1305 Homestead LLC
Buckingham Barn INC
Warranty Deed
—
Aug 15, 2000
$650,000
Buckingham Barn INC
Phebus,james O
Grant Deed
$490,000 · Security Bank
—
—
James O Phebus
—
Deed Of Trust
related
$56,000 · Florida Community Bank
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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