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Property profile & analytics
OFF-MARKET
Estimated value
$2,385,000
Warehouses
17611 Ee St North Fort Myers, FL 33917-2138
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US18-3034771
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
STEEL FRAME
Total area
26,329 SF
Lot
1.69 ac (73,500 SF)
Zoning code
IL
APN
20-43-25-01-00000.0350
UPID
US18-3034771
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
$2.39M
Owner & transaction history
Bip Partners LLC · 21 yrs held
Bip Partners LLC
since 2004
6 recorded transactions
Zoning & alternative use
IL · 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
$91 / 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
$18,422
Tax year 2023
Assessed value
$1,841,267
Assessed 2023
Previous assessed
$1,216,424
+51.4% YoY
Effective rate
1.00%
On assessed value
Assessed land
$371,498
Assessed improvement
$1,469,769
Land market value
$371,498
Improvement market value
$1,469,769
Total market value
$1,841,267
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
6
Total area
26,329 SF
Lot
1.69 ac (73,500 SF)
Zoning code
IL
APN
20-43-25-01-00000.0350
UPID
US18-3034771
Jurisdiction
LEE
Zoning & alternative use
IL · North Fort Myers, FL
Zoning IL · permitted uses
IL · 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
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
6
Lot
1.69 ac
Current owner
From public records · entity-resolved
Bip Partners LLC
Entity
Mailing address
17611 EE ST, NORTH FORT MYERS, FL 33917-2138
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
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
Aug 12, 2022
—
Bip Partners LLC
—
Deed
related
$1,500,000 · Pnc Bank NA
Apr 16, 2018
—
Bip Partners LLC
—
Deed
related
$1,448,000 · Pnc Bk/oh
Oct 20, 2004
$1,235,000
Bip Partners LLC
Pjb Investments
Warranty Deed
$504,000 · Old Florida Bank
—
—
Bip Partners LLC
—
Deed Of Trust
related
$112,166 · Old Florida Bank
—
—
Bip Partners LLC
—
Deed Of Trust
related
$1,448,000 · Pnc Bk/oh
—
—
Bip Partners LLC
—
Deed Of Trust
related
$1,200,000 · Fifth Third Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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