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Property profile & analytics
OFF-MARKET
Estimated value
$2,535,000
Warehouses
17900 Grn Mdw Rd Fort Myers, FL 33913-8293
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-3769257
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
STEEL FRAME
Total area
13,416 SF
Lot
814.02 ac (35,458,710 SF)
Zoning code
AG-2
APN
02-46-26-00-00001.0000
UPID
US18-3769257
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
-
Preferred Materials Fort Myers Quarry Asphalt Plant Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.11M
Comparable Approach
Comparable
$3.38M
Blend (final)
Blend
$2.54M
Owner & transaction history
HARPER BROTHERS INC
HARPER BROTHERS INC
Zoning & alternative use
AG-2 · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.0M
+41.9%
Medical building
$3.6M
+25.3%
Retail stores
$3.5M
+22.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,280,000
6.5%
$2,105,000
7%
$1,955,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,845,000
Current use
OFFICE BUILDING
$4,040,000
Change: +42% · Conversion: Difficult
MEDICAL BUILDING
$3,565,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$3,495,000
Change: +23% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,170,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$2.54M
Range $2.28M – $2.79M · ±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
$189 / 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
$163,392
Tax year 2023
Assessed value
$11,747,405
Assessed 2023
Previous assessed
$11,747,405
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$9,119,032
Assessed improvement
$2,628,373
Land market value
$9,119,032
Improvement market value
$2,628,373
Total market value
$11,747,405
Applied tax rate
71.0000
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
1990
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.PACKAGE
Buildings
6
Stories
1
Bathrooms
6
Total area
13,416 SF
Lot
814.02 ac (35,458,710 SF)
Zoning code
AG-2
APN
02-46-26-00-00001.0000
UPID
US18-3769257
Jurisdiction
LEE
Zoning & alternative use
AG-2 · Fort Myers, FL
Zoning AG-2 · permitted uses
AG-2 · 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
$2.8M
OFFICE BUILDING
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.6M
RETAIL STORES
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
WAREHOUSE, STORAGE Current
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
1990
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
6
Bathrooms
6
Lot
814.02 ac
Current owner
From public records · entity-resolved
HARPER BROTHERS INC
Entity
Free & Clear · 0 yrs held
Mailing address
1200 URBAN CTR DR, VESTAVIA, AL 35242-2545
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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