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Property profile & analytics
OFF-MARKET
Estimated value
$4,095,000
Assisted living facilities
1701 4th Mile Cv Pkwy Cape Coral, FL 33990-2404
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-3856198
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2019
Construction
FRAME
Total area
61,569 SF
Lot
10.81 ac (471,089 SF)
Zoning code
C-1
APN
29-44-24-C1-00002.0000
UPID
US18-3856198
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
-
Highpoint at Cape Coral Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.10M
Owner & transaction history
Teri Denison · 1 yrs held
Teri Denison
since 2025
7 recorded transactions
Zoning & alternative use
C-1 · Cape Coral, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$67 / 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
$289,039
Tax year 2023
Assessed value
$18,546,475
Assessed 2023
Previous assessed
$20,632,868
-10.1% YoY
Effective rate
1.56%
On assessed value
Assessed land
$1,413,267
Assessed improvement
$17,133,208
Land market value
$1,413,267
Improvement market value
$17,133,208
Total market value
$18,546,475
Applied tax rate
57.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2019
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
140
Total area
61,569 SF
Lot
10.81 ac (471,089 SF)
Zoning code
C-1
APN
29-44-24-C1-00002.0000
UPID
US18-3856198
Jurisdiction
LEE
Zoning & alternative use
C-1 · Cape Coral, FL
Zoning C-1 · permitted uses
C-1 · 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.
Building & site characteristics
From public records
Year built
2019
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
140
Lot
10.81 ac
Current owner
From public records · entity-resolved
Teri Denison
Individual
Free & Clear · 1 yrs held
Mailing address
3107 TIMBERLAKE RD, VESTAVIA, AL 35243-2311
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2025
—
Teri Denison
Wayne Nemerow Martin
Deed
—
Mar 16, 2023
—
Four Mile Cove LLC
—
Deed
related
$13,384,176 · Locust Point Private Credit Fund LP
Feb 3, 2022
—
Four Mile Cove LLC
—
Deed
related
$10,784,176 · Locust Point Private Credit Fund LP
Apr 21, 2021
—
Four Mile Cove LLC
—
Deed
related
$10,784,176 · Locust Point Private Credit Fund LP
Sep 29, 2020
—
Four Mile Cove LLC
—
Deed
related
$10,784,176 · Locust Pt Pvt Credit Fund LP
Oct 13, 2017
—
Four Mile Cove LLC
—
Deed
related
$10,012,048 · Locust Pt Private Credit Fund
Apr 1, 2016
$1,622,000
Fourt Mile Cove LLC
Kirby Family Limited Partnership
Warranty Deed
$861,000 · Centennial Bank
Sep 23, 2015
—
Kirby Family LP 3
Kirby,lynn
Quit Claim Deed
related
—
Mar 22, 2004
—
Kirby Family LP
Kirby,lynn Tr
Quit Claim Deed
related
—
—
—
Four Mile Cove LLC
—
Deed Of Trust
related
$10,012,048 · Locust Pt Private Credit Fund
—
—
Four Mile Cove LLC
—
Loan Modification
related
$10,784,176 · Locust Pt Pvt Credit Fund LP
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
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