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Property profile & analytics
OFF-MARKET
Office buildings
164 Pondella Rd North Fort Myers, FL 33903-3846
Individually Owned
6-yr Hold
Free & Clear
Property ID
US18-4418981
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1955
Construction
FRAME
Total area
1,104 SF
Lot
0.3 ac (13,020 SF)
Zoning code
CS-2
APN
02-44-24-17-00000.0010
UPID
US18-4418981
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
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
William J Brill · 6 yrs held
William J Brill
since 2020
Last sale
$165,000
4 recorded transactions
Zoning & alternative use
CS-2 · North 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 North Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
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
$2,518
Tax year 2023
Assessed value
$197,321
Assessed 2023
Previous assessed
$139,827
+41.1% YoY
Effective rate
1.28%
On assessed value
Assessed land
$36,690
Assessed improvement
$160,631
Land market value
$36,690
Improvement market value
$160,631
Total market value
$197,321
Applied tax rate
39.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1955
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
1,104 SF
Lot
0.3 ac (13,020 SF)
Zoning code
CS-2
APN
02-44-24-17-00000.0010
UPID
US18-4418981
Jurisdiction
LEE
Zoning & alternative use
CS-2 · North Fort Myers, FL
Zoning CS-2 · permitted uses
CS-2 · North Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Fort Myers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
William J Brill
Individual
Free & Clear · 6 yrs held
Mailing address
164 PONDELLA RD, N FORT MYERS, FL 33903-3846
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2020
—
William J Brill
Jack F B Probate
Quit Claim Deed
related
—
May 11, 2020
$165,000
Kathleen S Butler
William J Brill
Warranty Deed
$132,000 · Lake Mi Cu
Jun 5, 2001
$149,400
Crown Castle Gt Co
Gte Wireless South
Grant Deed
—
Oct 26, 1998
$54,000
William J Brill
Braisted,jack F & Margaret A
Grant Deed
$51,300 · Home Savings Of America
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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