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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Medical Office Space
13432 Palm Bch Blvd Fort Myers, FL 33905-2129
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-2985193
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,040 SF
Lot
0.28 ac (12,000 SF)
Zoning code
C-1
APN
29-43-26-03-00047.0570
UPID
US18-2985193
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
-
Dr. William Shorack, DDS Dental Office
-
Chais William DDS Dental Office
-
Panahi Harry DDS Dental Office
-
Riverdale Dental Associates: Correa Eduardo DDS Dental Office
-
Boulevard Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
$395k
Comparable Approach
Comparable
$446k
Blend (final)
Blend
$530k
Owner & transaction history
Dblv LLC · 4 yrs held
Dblv LLC
since 2022
Last sale
$515,000
3 recorded transactions
Zoning & alternative use
C-1 · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$730,000
+35.0%
Office building
$560,000
+3.0%
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
Method
Estimation
Statistic approach
$550,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
$425,000
6.5%
$395,000
7%
$365,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$540,000
Current use
COMMERCIAL (GENERAL)
$730,000
Change: +35% · Conversion: Easy
OFFICE BUILDING
$560,000
Change: +3% · Conversion: Easy
RETAIL STORES
$530,000
Change: -2% · Conversion: Difficult
WAREHOUSE, STORAGE
$505,000
Change: -7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$480,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $515k (Aug 4 2022)
Last sale anchor
$515k
Aug 4 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
$260 / 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
$6,025
Tax year 2023
Assessed value
$432,742
Assessed 2023
Previous assessed
$307,585
+40.7% YoY
Effective rate
1.39%
On assessed value
Assessed land
$60,418
Assessed improvement
$372,324
Land market value
$60,418
Improvement market value
$372,324
Total market value
$432,742
Applied tax rate
240.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
2,040 SF
Lot
0.28 ac (12,000 SF)
Zoning code
C-1
APN
29-43-26-03-00047.0570
UPID
US18-2985193
Jurisdiction
LEE
Zoning & alternative use
C-1 · Fort Myers, FLZoning C-1 · permitted uses
C-1 · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$540,000
COMMERCIAL (GENERAL)
Est. value
$730,000
OFFICE BUILDING
Est. value
$560,000
RETAIL STORES
Est. value
$530,000
WAREHOUSE, STORAGE
Est. value
$505,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$480,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Dblv LLC
Entity
Mailing address
11255 THURSTON CHASE, FORT MYERS, FL 33913-9366
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2022
$515,000
Dblv LLC
Mdra LLC
Warranty Deed
$1,423,912 · First Bank
Jun 23, 2014
—
Mdra LLC
Sherry,markus & Diane D
Warranty Deed
—
—
—
Markus Sherry
—
Deed Of Trust
related
$350,000 · Encore 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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