Back to Search
Property profile & analytics
FOR LEASE
Community centers
1401 Martin Luther King Jr St SW Arcadia, FL 34266
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-9457781
For Lease
1 / 6
Contact for pricing
1401 Martin Luther King Jr St SW, Arcadia, FL 34266
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2010
Construction
FRAME
Total area
4,116 SF
Lot
1.18 ac (51,401 SF)
Zoning code
CN
APN
01-38-24-0000-0120-0000
UPID
US18-9457781
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
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
1401 Sw Mlk LLC · 2 yrs held
1401 Sw Mlk LLC
since 2024
Last sale
$262,500
7 recorded transactions
Zoning & alternative use
CN · Arcadia, 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 Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia 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
$7,503
Tax year 2023
Assessed value
$325,000
Assessed 2023
Previous assessed
$325,000
+0.0% YoY
Effective rate
2.31%
On assessed value
Assessed improvement
$325,000
Improvement market value
$325,000
Total market value
$325,000
Applied tax rate
7.0000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
2010
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Units
1
Total area
4,116 SF
Lot
1.18 ac (51,401 SF)
Zoning code
CN
APN
01-38-24-0000-0120-0000
UPID
US18-9457781
Jurisdiction
DE SOTO
Zoning & alternative use
CN · Arcadia, FLZoning CN · permitted uses
CN · Arcadia, FL
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
2010
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
4
Units
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
1401 Sw Mlk LLC
Entity
Mailing address
2037 CLB HOUSE RD, NORTH FORT MYERS, FL 33917-2519
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2024
—
1401 Sw Mlk LLC
Steven Loffreno
Warranty Deed
$727,000 · Steven Loffreno
Mar 30, 2023
$262,500
Steven Loffreno
Manhattan Builders & Investments 14
Warranty Deed
—
Jun 14, 2021
—
Manhattan Builders & Investments 14
David Persaud
Warranty Deed
—
Jan 5, 2021
$145,000
David Persaud
Danny J Jones
Warranty Deed
$116,000 · Danny J Jones Etux
Jan 24, 2020
$100,000
Danny J Jones
Salvador Nuno
Warranty Deed
—
Nov 14, 2016
$40,000
Salvador Nuno
Vfc Properties 3 LLC
Grant Deed
—
Jun 9, 2014
—
Vfc Properties 3 LLC
Vfc Partners 3 LLC
Quit Claim Deed
—
Jun 2, 2014
—
V7c Partners 3 LLC
Fedco Investment Corp Coc
Trustees Deed
related
—
Sep 12, 2008
—
Fedco Investment Corp
Fedco Investment Corp
Quit Claim Deed
—
Oct 21, 2003
$85,000
Fedco Investment Corp
Eugene Turner Enterprises INC
Grant Deed
$80,000 · Eugene Turner Enterprises INC
—
—
Fedco Investment Corp
—
Deed Of Trust
related
$640,000 · First Priority 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.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
