New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,785,000
Warehouses
16289 Tamiami Trl Fort Myers, FL 33908-4308
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2217087
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,744 SF
Lot
2.59 ac (112,733 SF)
Zoning code
IL
APN
01-46-24-01-0000B.0050
UPID
US18-2217087
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
-
Affordable Secure Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.26M
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$1.79M
Owner & transaction history
Affordable Secure Storage Ft Myers · 9 yrs held
Affordable Secure Storage Ft Myers
since 2017
6 recorded transactions
Zoning & alternative use
IL · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.8M
+65.9%
Office building
$2.2M
+34.1%
Medical building
$2.1M
+22.8%
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 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%
$1,360,000
6.5%
$1,255,000
7%
$1,165,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,675,000
Current use
COMMERCIAL (GENERAL)
$2,780,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$2,245,000
Change: +34% · Conversion: Difficult
MEDICAL BUILDING
$2,060,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$2,015,000
Change: +20% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,830,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$1.79M
Range $1.61M – $1.96M · ±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
$231 / 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
$38,837
Tax year 2023
Assessed value
$3,376,745
Assessed 2023
Previous assessed
$2,631,617
+28.3% YoY
Effective rate
1.15%
On assessed value
Assessed land
$820,967
Assessed improvement
$2,555,778
Land market value
$820,967
Improvement market value
$2,555,778
Total market value
$3,376,745
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Bathrooms
8
Total area
7,744 SF
Lot
2.59 ac (112,733 SF)
Zoning code
IL
APN
01-46-24-01-0000B.0050
UPID
US18-2217087
Jurisdiction
LEE
Zoning & alternative use
IL · Fort Myers, FL
Zoning IL · permitted uses
IL · 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
WAREHOUSE, STORAGE Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.1M
RETAIL STORES
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
8
Lot
2.59 ac
Current owner
From public records · entity-resolved
Affordable Secure Storage Ft Myers
Individual
Mailing address
16300 OLD 41ST N, NAPLES, FL 34110-8438
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2017
$2,270,000
Affordable Secure Storage Ft Myers
Florentine Holding Company LLC
Special Warranty Deed
$585,000 · Encore Bank NA
Jul 18, 2011
$970,000
Florentine Holding Company LLC
Budget Storage South 41 INC
Warranty Deed
$570,000 · Florida Shores Bank Southwest
Nov 2, 2001
$1,100,000
Budget Storage South 41 INC
Phillips,edward W & Gena G
Grant Deed
$700,000 · Florida Gulf Bank
Nov 2, 2001
$5,000
Budget Storage South 41
Miller Trust
Quit Claim Deed
related
—
—
—
Florentine Holding Co LLC
—
Deed Of Trust
related
$950,000 · Standard Insurance Co
—
—
Edward W Phillips
—
Deed Of Trust
related
$520,000 · Riverside Bank Gulf Coast
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16289 Tamiami Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
