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Property profile & analytics
FOR LEASE
Strip malls
1634 SE 47Th St Cape Coral, FL 33904
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0276739
For Lease
1 / 15
$18 SF/Yr
1634 SE 47Th St, Cape Coral, FL 33904
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,916 SF
Lot
1.08 ac (46,875 SF)
Zoning code
SC
APN
07-45-24-C3-00361.A650
UPID
US18-0276739
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
-
Best Florida Insurance Services Inc Insurance Agency
-
Horizon Realty & Development Group, LLC Real Estate Agency
-
Domingo & Sons HVAC Pro HVAC Service General Contractor
-
Marvelous Cards & Collectibles (Bike/Boat/Book/etc) Store
-
Yes Sir Barber Shop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.82M
Blend (final)
Blend
$2.60M
Owner & transaction history
Latitud Mall LLC · 2 yrs held
Latitud Mall LLC
since 2024
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
SC · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+92.5%
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
Method
Estimation
Statistic approach
$2,600,000
ML approach
$2,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,055,000
Change: +92% · Conversion: Difficult
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±10% · vs last sale $2.60M (Jul 1 2024)
Last sale anchor
$2.60M
Jul 1 2024
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
$892 / 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
$26,778
Tax year 2023
Assessed value
$1,675,241
Assessed 2023
Previous assessed
$1,444,363
+16.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$726,094
Assessed improvement
$949,147
Land market value
$726,094
Improvement market value
$949,147
Total market value
$1,675,241
Applied tax rate
56.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
2,916 SF
Lot
1.08 ac (46,875 SF)
Zoning code
SC
APN
07-45-24-C3-00361.A650
UPID
US18-0276739
Jurisdiction
LEE
Zoning & alternative use
SC · Cape Coral, FL
Zoning SC · permitted uses
SC · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.1M
AUTO REPAIR, GARAGE
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Latitud Mall LLC
Entity
Mailing address
4645 SE 11TH PL STE #103, CAPE CORAL, FL 33904-9219
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
$2,600,000
Latitud Mall LLC
Latitud Plaza LLC
Warranty Deed
$400,000 · Latitud Plaza LLC
Apr 11, 2023
—
Latitud Plaza LLC
—
Deed
related
$375,200 · United States Small Business Admin
Oct 26, 2020
$120,000
Jcp Equity Group LLC
Javier Araoz
Quit Claim Deed
related
—
Oct 26, 2020
—
Jcp Equity Group LLC
Federico Aristizabal
Quit Claim Deed
related
—
Jun 12, 2019
—
Latitud Plaza LLC
—
Deed
related
$600,000 · Charlotte St Bk&tr
Jan 18, 2019
—
Latitud Plaza LLC
Florida Gold Investment Corp
Grant Deed
$328,399 · Bank Ozk
Jul 6, 2017
$1,050,000
Florida Gold Investment Corp
Cinema Plaza LLC
Warranty Deed
$550,000 · Bank Of The Ozarks
Mar 25, 2013
—
Cinema Plaza LLC
East Delprado LLC
Warranty Deed
—
Mar 22, 2010
—
East Delprado LLC
—
Trustees Deed
related
$897,621 · First Community Bank Sw Fl
Oct 31, 2005
$2,000,000
East Del Prado LLC
Holfelder Corp
Warranty Deed
$1,200,000 · Community Bank Of Cape Coral
—
—
Latitud Plaza LLC
—
Deed Of Trust
related
$600,000 · Charlotte St Bk&tr
—
—
Latitud Plaza LLC
—
Loan Modification
related
$328,399 · Bank Ozk
—
—
East Del Prado LLC
—
Loan Modification
related
—
—
—
East Delprado LLC
—
Deed Of Trust
related
$888,929 · First Community Bank Sw Fl
—
—
East Del Prado LLC
—
Deed Of Trust
related
$871,166 · First Community Bank Sw Fl
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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