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Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Gas stations
16110 Lee Rd Fort Myers, FL 33912-2504
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-8267500
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2018
Construction
STEEL FRAME
Total area
15,709 SF
Lot
7.75 ac (337,590 SF)
Zoning code
IPD
APN
04-46-25-L1-10000.0020
UPID
US18-8267500
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
-
Southport Truck Group Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.46M
Owner & transaction history
Schmitt Properties LLC · 7 yrs held
Schmitt Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
IPD · Fort Myers, 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 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
$965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±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
$93 / 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
$74,526
Tax year 2023
Assessed value
$5,463,210
Assessed 2023
Previous assessed
$5,441,482
+0.4% YoY
Effective rate
1.36%
On assessed value
Assessed land
$2,102,544
Assessed improvement
$3,360,666
Land market value
$2,102,544
Improvement market value
$3,360,666
Total market value
$5,463,210
Applied tax rate
71.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2018
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Bathrooms
2
Total area
15,709 SF
Lot
7.75 ac (337,590 SF)
Zoning code
IPD
APN
04-46-25-L1-10000.0020
UPID
US18-8267500
Jurisdiction
LEE
Zoning & alternative use
IPD · Fort Myers, FL
Zoning IPD · permitted uses
IPD · 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.
Building & site characteristics
From public records
Year built
2018
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
2
Lot
7.75 ac
Current owner
From public records · entity-resolved
Schmitt Properties LLC
Entity
Mailing address
7528 US HWY 301ST N, TAMPA, FL 33637-6769
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2019
$725,000
Schmitt Properties LLC
Ltjk Properties LLC
Warranty Deed
related
$695,000 · Edison Nat'l Bk
Aug 29, 2016
$1,425,000
Ltjk Properties LLC
Lee Road Fip LLC
Grant Deed
related
—
Dec 11, 2013
$490,000
Lee Road Fip
Ob Florida Cre Holdings LLC
Grant Deed
related
—
Jul 29, 2013
$100
Ob Florida Cre Holdings LLC
Alico Lee Road 11 LLC Coc
Trustees Deed
related
—
Jan 4, 2007
$3,273,000
Alico Lee Road 11 LLC
Wayside Industrial INC
Warranty Deed
related
$2,454,693 · Orion Bk
Nov 2, 2006
$13,901,700
Alico Investors I LLC
Wayside Industrial INC
Warranty Deed
$5,967,000 · Orion Bk
Sep 14, 2006
$36,000,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
$18,250,000 · Private Individual
Sep 1, 2005
$21,700,000
Alico Industrial Park LLC
Alico 118 Industrial Park LLC
Warranty Deed
related
$17,250,000 · Wachovia Bk
Feb 2, 2005
$13,168,800
Alico Ents LLC
Airport Indl Holdings LLC
Warranty Deed
related
$11,670,481 · Wachovia Bk
Aug 25, 2004
$11,203,800
Alico 118 Industrial Park LLC
Airport Indl Holdings LLC
Trustees Deed
related
$8,713,851 · Orion Bk
—
—
Alico 118 Industrial Park LLC
—
Loan Modification
related
$622,228 · Orion Bk
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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