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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Warehouses
17701 Summerlin Rd 733 Fort Myers, FL 33908-5704
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US19-0491771
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,400 SF
Lot
7.86 ac (342,294 SF)
Zoning code
IPD
APN
08-46-24-02-00000.0010
UPID
US19-0491771
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
-
Metro Self Storage - Fort Myers Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$652k
Blend (final)
Blend
$690k
Owner & transaction history
17701fl LLC
17701fl LLC
since 2026
5 recorded transactions
Zoning & alternative use
IPD · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$860,000
+65.9%
Office building
$695,000
+34.1%
Medical building
$640,000
+22.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$520,000
Current use
COMMERCIAL (GENERAL)
$860,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$695,000
Change: +34% · Conversion: Difficult
MEDICAL BUILDING
$640,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$625,000
Change: +20% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$565,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$690k
Range $621k – $759k · ±10%
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
$288 / 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
$150,184
Tax year 2023
Assessed value
$13,628,886
Assessed 2023
Previous assessed
$13,628,886
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$4,996,671
Assessed improvement
$8,632,215
Land market value
$4,996,671
Improvement market value
$8,632,215
Total market value
$13,628,886
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
10
Stories
1
Total area
2,400 SF
Lot
7.86 ac (342,294 SF)
Zoning code
IPD
APN
08-46-24-02-00000.0010
UPID
US19-0491771
Jurisdiction
LEE
Zoning & alternative use
IPD · Fort Myers, FL
Zoning IPD · permitted uses
IPD · 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
WAREHOUSE, STORAGE Current
Est. value
$520,000
COMMERCIAL (GENERAL)
Est. value
$860,000
OFFICE BUILDING
Est. value
$695,000
MEDICAL BUILDING
Est. value
$640,000
RETAIL STORES
Est. value
$625,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$565,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
10
Lot
7.86 ac
Current owner
From public records · entity-resolved
17701fl LLC
Entity
Mailing address
13528 W BOULTON BLVD, METTAWA, IL 60045-4501
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2026
$11,550,000
17701fl LLC
Summerlin Storage LP
Special Warranty Deed
$6,085,675 · United Bank
Jul 2, 2024
—
Summerlin Storage LP
—
Deed
related
$27,000,000 · Empower Annuity Insurance Company
Jan 30, 2007
$11,659,000
Summerlin Storage LP
Summerlin Storgard V Lc
Special Warranty Deed
—
—
—
Lehigh Acres Storage LP
—
Deed Of Trust
related
$26,200,000 · Cantor Commercial Real Estate
—
—
Storgard V Lc Summerlin
—
Deed Of Trust
related
$3,517,496 · * Other Institutional Lenders
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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