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Property profile & analytics
OFF-MARKET
Estimated value
$3,540,000
Community centers
15878 Summerlin Rd Fort Myers, FL 33908
Entity Owned
14-yr Hold
Free & Clear
Property ID
US18-5050362
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,571 SF
Lot
11.4 ac (496,758 SF)
Zoning code
CPD
APN
34-45-24-00-00002.0070
UPID
US18-5050362
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
-
Publix Liquors at Summerlin Crossings (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.29M
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$3.54M
Owner & transaction history
Prisa Summerlin Fl LLC · 14 yrs held
Prisa Summerlin Fl LLC
since 2011
3 recorded transactions
Zoning & alternative use
CPD · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.1M
+22.7%
Medical building
$4.7M
+12.4%
Retail stores
$4.6M
+10.1%
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%
$4,650,000
6.5%
$4,290,000
7%
$3,985,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,155,000
Current use
OFFICE BUILDING
$5,095,000
Change: +23% · Conversion: Moderate
MEDICAL BUILDING
$4,670,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$4,575,000
Change: +10% · Conversion: Easy
WAREHOUSE, STORAGE
$3,800,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$3.54M
Range $3.19M – $3.89M · ±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
$201 / 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
$174,700
Tax year 2023
Assessed value
$14,203,046
Assessed 2023
Previous assessed
$12,347,839
+15.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$7,689,814
Assessed improvement
$6,513,232
Land market value
$7,689,814
Improvement market value
$6,513,232
Total market value
$14,203,046
Applied tax rate
68.0000
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
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Total area
17,571 SF
Lot
11.4 ac (496,758 SF)
Zoning code
CPD
APN
34-45-24-00-00002.0070
UPID
US18-5050362
Jurisdiction
LEE
Zoning & alternative use
CPD · Fort Myers, FL
Zoning CPD · permitted uses
CPD · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.2M
OFFICE BUILDING
Est. value
$5.1M
MEDICAL BUILDING
Est. value
$4.7M
RETAIL STORES
Est. value
$4.6M
WAREHOUSE, STORAGE
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
11.4 ac
Current owner
From public records · entity-resolved
Prisa Summerlin Fl LLC
Entity
Free & Clear · 14 yrs held
Mailing address
1541 SUNSET DR STE #300, CORAL GABLES, FL 33143-5777
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2011
—
Prisa Summerlin Fl LLC
Hep-7-wink Lc
Quit Claim Deed
related
—
Aug 23, 2011
$10,800,000
Prisa Summerlin Fl LLC
Hep-7-wink Lc
Grant Deed
—
Jan 31, 2002
$875,000
Walgreen Co
Hep 7 Wink Lc
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.
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