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    Property profile & analytics

    1408 Homestead N Rd Lehigh Acres, FL 33936-4855

    • Office buildings
    • 2,112 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $940,000
    Last Sale
    Mar 17, 2022
    $920,000
    Location Intelligence
    Property ID
    US18-5159085
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • AUTO Zone / Auto Body Shop

    Property Details for 1408 Homestead N Rd

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.29 lot acres
    Property size
    2,112 SF
    Zone code
    CPD
    Property type
    Office buildings
    APN
    31-44-27-02-00011.0020
    APU
    31442702000110020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $945,000

    • CAP approach

      CAP return
      Estimation
      6%
      $985,000
      6.5%
      $1,050,000
      7%
      $1,045,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $845,000
      Geo Method
      $840,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,040,000
      Retail
      $925,000
      Mixed-Use
      $1,080,000
      Hospitality
      $820,000
      Educational
      $1,025,000
      Residential Income
      $835,000
      Energy
      $940,000
      Income-Based Land
      $1,045,000
      Food Service
      $960,000

    Location Insight

    • Map
    • Local Demand
    City
    Lehigh Acres
    County
    Lee
    State
    Florida
    Longitude
    -81.6539
    Latitude
    26.611
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,406
    $71,827
    $300,323
    $372,150
    -
    $71,827
    $300,323
    $372,150

    Comparable in this City

    • Value Estimation by Request
      6,693 SF

      581 County Ln

      OFFICE BUILDING (MULTI-STORY) • 6,693 SF
      581 County Ln, Lehigh Acres, FL 33936
      View Details
    • Value Estimation by Request
      1,860 SF

      1412 Homestead N Rd

      OFFICE BUILDING (MULTI-STORY) • 1,860 SF
      1412 Homestead N Rd, Lehigh Acres, FL 33936-4855
      View Details
    • Value Estimation
      $105,000
      1,284 SF

      1154 Lee Blvd Ste, Unit 4

      PROFESSIONAL BUILDING • 1,284 SF
      1154 Lee Blvd Ste, Lehigh Acres, FL 33936-4852
      View Details
    • Value Estimation
      $945,000
      2,832 SF

      1400 Homestead N Rd

      OFFICE BUILDING (MULTI-STORY) • 2,832 SF
      1400 Homestead N Rd, Lehigh Acres, FL 33936-4855
      View Details
    • Value Estimation
      $125,000
      538 SF

      904 Lee Blvd Ste, Unit 103

      OFFICE BUILDING • 538 SF
      904 Lee Blvd Ste, Lehigh Acres, FL 33936-4953
      View Details
    • Value Estimation
      $155,000
      1,459 SF

      25 Homestead Rd N Ste, Unit 5

      OFFICE BUILDING • 1,459 SF
      25 Homestead Rd N Ste, Lehigh Acres, FL 33936-6600
      View Details

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    • Contact for pricing
      0.25 Acres

      Lehigh Acres Corner Lot Land

      Corner lot land available in Lehigh Acres, Florida.
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    Lehigh Acres, FL 33936-4855
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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