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Property profile & analytics
OFF-MARKET
Estimated value
$9,665,000
Retail space
13741 Tamiami Trl Fort Myers, FL 33912-1606
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-2204713
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,439 SF
Lot
14.89 ac (648,652 SF)
Zoning code
CPD CPD
APN
24-45-24-11-00000.010B
UPID
US18-2204713
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
-
Petco Vaccination Clinic Veterinary Clinic
-
UPS Access Point location Courier Service Postal Service
-
Michaels (Bike/Boat/Book/etc) Store
-
Public Bike Parking Bicycle Rack
-
fi.d.o (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.75M
Blend (final)
Blend
$9.67M
Owner & transaction history
A&b Florida Ventures LLC · 3 yrs held
A&b Florida Ventures LLC
since 2022
Last sale
$13.2M
3 recorded transactions
Zoning & alternative use
CPD CPD · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$15.0M
+180.9%
Restaurant
$12.7M
+138.6%
Office building
$11.0M
+105.8%
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
by Request
ML approach
$8,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$14,950,000
Change: +181% · Conversion: Difficult
RESTAURANT
$12,695,000
Change: +139% · Conversion: Easy
OFFICE BUILDING
$10,955,000
Change: +106% · Conversion: Easy
WAREHOUSE, STORAGE
$10,265,000
Change: +93% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,335,000
Change: +38% · Conversion: Easy
INDUSTRIAL (GENERAL)
$6,085,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$9.67M
Range $8.70M – $10.63M · ±10% · vs last sale $13.20M (Dec 19 2022)
Last sale anchor
$13.20M
Dec 19 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
$473 / 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
$161,854
Tax year 2023
Assessed value
$11,769,254
Assessed 2023
Previous assessed
$10,231,390
+15.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$5,027,842
Assessed improvement
$6,741,412
Land market value
$5,027,842
Improvement market value
$6,741,412
Total market value
$11,769,254
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Total area
20,439 SF
Lot
14.89 ac (648,652 SF)
Zoning code
CPD CPD
APN
24-45-24-11-00000.010B
UPID
US18-2204713
Jurisdiction
LEE
Zoning & alternative use
CPD CPD · Fort Myers, FL
Zoning CPD CPD · permitted uses
CPD 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$15.0M
RESTAURANT
Est. value
$12.7M
OFFICE BUILDING
Est. value
$11.0M
WAREHOUSE, STORAGE
Est. value
$10.3M
COMMERCIAL (GENERAL)
Est. value
$7.3M
INDUSTRIAL (GENERAL)
Est. value
$6.1M
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Lot
14.89 ac
Current owner
From public records · entity-resolved
A&b Florida Ventures LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1004 NEW RD, NORTHFIELD, NJ 08225-1661
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
Dec 19, 2022
$13,200,000
A&b Florida Ventures LLC
Market Square Owners LLC
Special Warranty Deed
—
Oct 24, 2018
$8,107,900
Market Square Owners LLC
Sci Market Square Fund LLC
Special Warranty Deed
$8,812,000 · Citi Eal Estate Funding INC
Apr 27, 2005
$12,705,000
Sci Market Square Fund LLC
Market Square Associates LLC
Special Warranty Deed
$8,470,000 · Wachovia Bank NA
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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