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Property profile & analytics
OFF-MARKET
Estimated value
$3,105,000
Office buildings
15701 Tamiami Trl Fort Myers, FL 33908-4236
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US18-0804729
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,521 SF
Lot
2.07 ac (90,300 SF)
Zoning code
C-1A
APN
36-45-24-00-00024.0000
UPID
US18-0804729
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
-
Title Masters, LLC Title Company
-
Law Office of Jursinski & Murphy, PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.69M
Comparable Approach
Comparable
$3.77M
Blend (final)
Blend
$3.11M
Owner & transaction history
Legem Terrae LLC · 15 yrs held
Legem Terrae LLC
since 2011
7 recorded transactions
Zoning & alternative use
C-1A · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.4M
+23.7%
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%
$2,910,000
6.5%
$2,685,000
7%
$2,495,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,760,000
Current use
COMMERCIAL (GENERAL)
$3,415,000
Change: +24% · Conversion: Easy
MEDICAL BUILDING
$2,530,000
Change: -8% · Conversion: Easy
RETAIL STORES
$2,480,000
Change: -10% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,250,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$3.11M
Range $2.79M – $3.42M · ±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
$326 / 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
$24,719
Tax year 2023
Assessed value
$2,321,025
Assessed 2023
Previous assessed
$1,639,867
+41.5% YoY
Effective rate
1.07%
On assessed value
Assessed land
$984,089
Assessed improvement
$1,336,936
Land market value
$984,089
Improvement market value
$1,336,936
Total market value
$2,321,025
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
9,521 SF
Lot
2.07 ac (90,300 SF)
Zoning code
C-1A
APN
36-45-24-00-00024.0000
UPID
US18-0804729
Jurisdiction
LEE
Zoning & alternative use
C-1A · Fort Myers, FL
Zoning C-1A · permitted uses
C-1A · 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
OFFICE BUILDING Current
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$2.5M
RETAIL STORES
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
Legem Terrae LLC
Entity
Mailing address
15701 S TAMIAMI TRL, FORT MYERS, FL 33908-4236
Ownership since
2011
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
Aug 4, 2023
—
Legem Terrac LLC
—
Deed
related
$475,000 · Kevin F Jursinski
Mar 1, 2011
$1,100,000
Legem Terrae LLC
Fifth Third Bank
Special Warranty Deed
$917,000 · Suntrust Bank
Mar 18, 2010
—
Fifth Third Bk
Picture Factory Of Ft Myers INC
Grant Deed
—
Sep 18, 2001
$1,650,000
Picture Factory Of Fort Myers
Ann Dee Development Corp
Grant Deed
$1,487,500 · First National Bank Naples
Aug 21, 1998
$575,000
Ann Dee Development Corp
Knowles,charles B
Grant Deed
$1,188,000 · First National Bank Naples
—
—
Legem Terrae LLC
—
Deed Of Trust
related
$917,000 · Suntrust Bank NA
—
—
Picture Factory Of Ft Myers INC
—
Deed Of Trust
related
$425,000 · First National Bank Florida
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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