Technical
Financial
Distress signals
Property profile

1648 Periwinkle Way Sanibel, FL 33957

OFF-MARKET
Office buildings
Property ID
US18-2848150
8,731 SF 1.34 ac lot Built 1987
Individually Owned Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1987
Construction CONCRETE
Total area 8,731 SF
Lot 1.34 ac (58,460 SF)
APN 25-46-22-T2-00010.0000
UPID US18-2848150

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Law Firm
  • Travel Agency
  • Insurance Agency
  • Medical Laboratory

Location

1648 Periwinkle Way Sanibel, FL 33957-4406
Sanibel metro Census 80204 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.46M
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.89M

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2023
Price N/A
2023
Price N/A
2017
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $3.0M +18.0%
Retail stores $2.7M +8.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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