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Property profile & analytics
FOR LEASE
Office buildings
16521 San Carlos Blvd Fort Myers, FL 33908
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-9076235
For Lease
1 / 3
$780,000
16521 San Carlos Blvd, Fort Myers, FL 33908
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Property summary
AI-generated overview
The Zycron Professional Center, located at 16521 San Carlos Blvd, Fort Myers, FL 33908, offers two exceptional office suites for lease. This two-story building, zoned C1A in Lee County, provides convenient elevator access. Suite 200, an 800 square foot space on the second floor, boasts three private offices and one restroom. Alternatively, Suite 120, also 800 square feet, is situated on the ground floor and features an open floor plan, one private office, and one restroom. Both suites are part of an eight-suite professional center, strategically located in South Fort Myers, between Summerlin Road and Kelly Road, offering excellent accessibility and visibility. The building's traditional office design provides a professional and functional workspace. This is a multiple-tenancy building, providing a diverse and collaborative environment. The property's convenient location and well-designed suites make it an ideal choice for businesses seeking a professional and efficient workspace in a thriving South Fort Myers location. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,920 SF
Lot
0.65 ac (28,140 SF)
Zoning code
C-1A
APN
06-46-24-08-00000.0010
UPID
US18-9076235
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
-
Tarantino Carpentry LCC Construction Company
-
Watkins Advisory Group Financial Advisor
-
Larry Nellans Inc Real Estate Agency
-
Halcyon Spa Spa & Massage Center
-
Teachout Chiropractic & Wellness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$862k
Blend (final)
Blend
$780k
Owner & transaction history
Calypso Equity LLC · 6 yrs held
Calypso Equity LLC
since 2020
Last sale
$760,000
6 recorded transactions
Zoning & alternative use
C-1A · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$690,000
+23.7%
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
$1,030,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$505,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$555,000
Current use
COMMERCIAL (GENERAL)
$690,000
Change: +24% · Conversion: Easy
MEDICAL BUILDING
$510,000
Change: -8% · Conversion: Easy
RETAIL STORES
$500,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $760k (Jan 7 2020)
Last sale anchor
$760k
Jan 7 2020
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
$406 / 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
$10,792
Tax year 2023
Assessed value
$987,079
Assessed 2023
Previous assessed
$856,226
+15.3% YoY
Effective rate
1.09%
On assessed value
Assessed land
$220,134
Assessed improvement
$766,945
Land market value
$220,134
Improvement market value
$766,945
Total market value
$987,079
Applied tax rate
68.0000
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
For Lease
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Total area
1,920 SF
Lot
0.65 ac (28,140 SF)
Zoning code
C-1A
APN
06-46-24-08-00000.0010
UPID
US18-9076235
Jurisdiction
LEE
Zoning & alternative use
C-1A · Fort Myers, FL
Zoning C-1A · permitted uses
C-1A · 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
OFFICE BUILDING Current
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$690,000
MEDICAL BUILDING
Est. value
$510,000
RETAIL STORES
Est. value
$500,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Calypso Equity LLC
Entity
Mailing address
16521 SAN CARLOS BLVD STE #260, FORT MYERS, FL 33908-5531
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2020
$760,000
Calypso Equity LLC
J C M Alliance LLC
Warranty Deed
$570,000 · Sanibel Captiva Community Bank
Dec 31, 2008
$1,025,000
Jcm Alliance LLC
Lyke Properties LLC
Warranty Deed
$700,000 · Encore Bank
Jul 17, 2006
$1,025,000
Lyke Properties LLC
Worden Properties Lc
Warranty Deed
$800,000 · Encore Bank
Jul 28, 2003
$454,300
Worden Properties Lc
Worden,thomas E & Carol J
Grant Deed
related
$710,000 · Busey Bank Florida
Jul 17, 1998
—
Thomas Worden
—
Grant Deed
related
$525,000 · Southtrust Bank NA
—
—
Jcm Alliance LLC
—
Deed Of Trust
related
$325,000 · Sun Communications INC
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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