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Property profile & analytics
OFF-MARKET
Estimated value
$2,840,000
Retail space
14508 Tamiami Trl 540 Fort Myers, FL 33912-1946
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-5155279
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,541 SF
Lot
1.64 ac (71,613 SF)
Zoning code
CC
APN
26-45-24-00-00012.0120
UPID
US18-5155279
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
-
All Appliance Parts Big Box & Wholesale Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.93M
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$2.84M
Owner & transaction history
Lakes Park Plaza LLC · 1 yrs held
Lakes Park Plaza LLC
since 2025
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
CC · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.4M
+37.8%
Industrial (general)
$2.8M
+14.4%
Medical building
$2.5M
+2.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,085,000
6.5%
$1,925,000
7%
$1,790,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,485,000
Current use
COMMERCIAL (GENERAL)
$3,425,000
Change: +38% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,840,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$2,535,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$2.84M
Range $2.56M – $3.12M · ±10% · vs last sale $2.85M (Jan 14 2025)
Last sale anchor
$2.85M
Jan 14 2025
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
$298 / 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
$38,403
Tax year 2023
Assessed value
$3,450,425
Assessed 2023
Previous assessed
$2,580,235
+33.7% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,746,211
Assessed improvement
$1,704,214
Land market value
$1,746,211
Improvement market value
$1,704,214
Total market value
$3,450,425
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
9,541 SF
Lot
1.64 ac (71,613 SF)
Zoning code
CC
APN
26-45-24-00-00012.0120
UPID
US18-5155279
Jurisdiction
LEE
Zoning & alternative use
CC · Fort Myers, FL
Zoning CC · permitted uses
CC · 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
RETAIL STORES Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$3.4M
INDUSTRIAL (GENERAL)
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.5M
RETAIL STORES Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
1.64 ac
Current owner
From public records · entity-resolved
Lakes Park Plaza LLC
Entity
Free & Clear · 1 yrs held
Mailing address
12734 KENWOOD LN STE #35, FORT MYERS, FL 33907-5639
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2025
$2,850,000
Lakes Park Plaza LLC
Lakes Park Plaza LLC
Special Warranty Deed
—
Sep 7, 2018
$2,775,000
Lakes Park Plaza LLC
Southtrail Properties LLC
Warranty Deed
—
Jun 11, 1999
$1,160,500
South Trail Properties INC
Berry,daniel & Mary L
Grant Deed
$928,400 · First National Bank Ft Myers
—
—
Southtrail Properties INC
—
Deed Of Trust
related
$780,500 · Busey Bk
—
—
Southtrail Properties INC
—
Deed Of Trust
related
$834,968 · Busey Bank
—
—
Southtrail Properties LLC
—
Loan Modification
related
$755,574 · Busey Bk
—
—
Southtrail Properties LLC
—
Deed Of Trust
related
$856,185 · Busey 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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