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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1606 Skyline Blvd Cape Coral, FL 33991-2645
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-5641793
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,030 SF
Lot
0.74 ac (32,060 SF)
Zoning code
C-1D
APN
27-44-23-C2-04427.0380
UPID
US18-5641793
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sunflower Plantation LLC · 1 yrs held
Sunflower Plantation LLC
since 2024
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
C-1D · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$40,335
Tax year 2023
Assessed value
$2,935,852
Assessed 2023
Previous assessed
$2,537,073
+15.7% YoY
Effective rate
1.37%
On assessed value
Assessed land
$1,761,505
Assessed improvement
$1,174,347
Land market value
$1,761,505
Improvement market value
$1,174,347
Total market value
$2,935,852
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
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
3,030 SF
Lot
0.74 ac (32,060 SF)
Zoning code
C-1D
APN
27-44-23-C2-04427.0380
UPID
US18-5641793
Jurisdiction
LEE
Zoning & alternative use
C-1D · Cape Coral, FL
Zoning C-1D · permitted uses
C-1D · 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.
Building & site characteristics
From public records
Year built
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Sunflower Plantation LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4007 MERRICK RD, SEAFORD, NY 11783-2831
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2024
$27,000
Sunflower Plantation LLC
Petrakis Properties LLC
Special Warranty Deed
—
Jan 12, 2024
$1,950,000
Petrakis Properties LLC
Fic Dan LLC
Special Warranty Deed
—
Jun 29, 2018
$1,675,000
Flc Dan LLC
Sasi Hallmark LLC
Warranty Deed
$2,177,500 · Wauchula State Bank
Nov 18, 2014
$1,730,000
Sasi Hallmark LLC
Bobcat Enterprises LLC
Warranty Deed
—
Mar 21, 2013
—
Palmetto Cape Coral-skyline Ll
—
Loan Modification
related
$1,419,991 · Centerstate Bank Of Florida
Aug 31, 2012
$385,000
Palmetto Cape Coral-skyline Ll
Fletcher,charles & Alice M
Grant Deed
$1,419,991 · Thomas Cnty Fed'l S&l Assn
Oct 19, 2011
$1,482,000
Bobcat Ents LLC
Affordable Family Homes INC
Grant Deed
—
Oct 19, 2011
$50,000
Cape Seven Ltd
Otob LLC
Warranty Deed
—
Mar 30, 2011
$334,500
Otob LLC
Devito,michael J
Warranty Deed
$863,642 · Centennial Bank
Mar 30, 2011
—
Otob LLC
Fletcher,charles A
Grant Deed
related
—
Dec 9, 2005
$210,000
Charles A Fletcher
Lakos,joan
Warranty Deed
—
Feb 17, 2005
$210,000
Joan Lakos
Ragsdale,bailey B
Warranty Deed
—
Feb 17, 2005
—
Joan Lakos
Kellum,dorothy J
Warranty 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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