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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Grocery and convenience stores
1540 Andalusia Blvd Cape Coral, FL 33909-1017
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-2447971
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,004 SF
Lot
0.98 ac (42,645 SF)
Zoning code
C-1
APN
06-44-24-C1-02100.0370
UPID
US18-2447971
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
-
7-Eleven Grocery & Convenience Store
-
AmeriGas Propane Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$890k
Owner & transaction history
Holbrook Realty LLC · 7 yrs held
Holbrook Realty LLC
since 2018
7 recorded transactions
Zoning & alternative use
C-1 · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+8.8%
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 Cape Coral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape Coral 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
$565,000
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$680,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,100,000
Current use
COMMERCIAL (GENERAL)
$1,195,000
Change: +9% · Conversion: Easy
MEDICAL BUILDING
$920,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$915,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$890k
Range $801k – $979k · ±10%
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
$296 / 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
$38,559
Tax year 2023
Assessed value
$2,918,637
Assessed 2023
Previous assessed
$2,522,164
+15.7% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,819,321
Assessed improvement
$1,099,316
Land market value
$1,819,321
Improvement market value
$1,099,316
Total market value
$2,918,637
Applied tax rate
57.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
3,004 SF
Lot
0.98 ac (42,645 SF)
Zoning code
C-1
APN
06-44-24-C1-02100.0370
UPID
US18-2447971
Jurisdiction
LEE
Zoning & alternative use
C-1 · Cape Coral, FL
Zoning C-1 · permitted uses
C-1 · Cape Coral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cape Coral. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$920,000
RETAIL STORES
Est. value
$915,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Holbrook Realty LLC
Entity
Mailing address
4007 MERRICK RD, SEAFORD, NY 11783-2831
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2018
$1,470,000
Holbrook Realty LLC
Silent Partner Grants
Trustees Deed
$2,000,000 · Gte FCU
Mar 23, 2015
—
Silent Partner Grants
Younger Gilbert W Trust
Grant Deed
—
Aug 29, 2014
$1,584,900
Younger,gilbert W Trust
4300 S Tamiami-1 LLC
Warranty Deed
—
Feb 24, 2014
—
4300 S Tamiami 1 LLC
Robert D Jones
Warranty Deed
—
Feb 24, 2014
$220,000
4300 S Tamiami-1 LLC
Jones,robert D & Candace J
Warranty Deed
—
Jun 9, 2011
—
Tlc Equity Group LLC
Eagle,gregory W
Quit Claim Deed
related
—
Jun 9, 2011
$36,000
Robert D Jones
Tlc Equity Group LLC
Warranty Deed
—
Aug 6, 2009
$100
Tlc Equity Group LLC
Sheriff Of Lee County
Trustees Deed
related
—
Nov 9, 2002
$22,000
Eagle,gregory W Tr
Beechel,vincent L & Frances
Grant Deed
—
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
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