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Property profile & analytics
OFF-MARKET
Estimated value
$4,135,000
Community centers
18800 Tamiami Trl 910 North Fort Myers, FL 33903-1362
Entity Owned
19-yr Hold
Free & Clear
Property ID
US18-4121423
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,211 SF
Lot
11.17 ac (486,652 SF)
Zoning code
CPD
APN
16-43-24-00-00002.0150
UPID
US18-4121423
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
$4.45M
Comparable Approach
Comparable
$5.41M
Blend (final)
Blend
$4.14M
Owner & transaction history
Dtp Management Co LLC · 19 yrs held
Dtp Management Co LLC
since 2007
2 recorded transactions
Zoning & alternative use
CPD · North Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.5M
+51.8%
Office building
$5.0M
+15.8%
Medical building
$4.8M
+12.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,820,000
6.5%
$4,450,000
7%
$4,130,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,305,000
Current use
COMMERCIAL (GENERAL)
$6,535,000
Change: +52% · Conversion: Easy
OFFICE BUILDING
$4,985,000
Change: +16% · Conversion: Moderate
MEDICAL BUILDING
$4,840,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$4,740,000
Change: +10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,545,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$4.14M
Range $3.72M – $4.55M · ±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
$227 / 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
$58,300
Tax year 2023
Assessed value
$4,232,484
Assessed 2023
Previous assessed
$4,101,385
+3.2% YoY
Effective rate
1.38%
On assessed value
Assessed land
$886,875
Assessed improvement
$3,345,609
Land market value
$886,875
Improvement market value
$3,345,609
Total market value
$4,232,484
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Total area
18,211 SF
Lot
11.17 ac (486,652 SF)
Zoning code
CPD
APN
16-43-24-00-00002.0150
UPID
US18-4121423
Jurisdiction
LEE
Zoning & alternative use
CPD · North Fort Myers, FLZoning CPD · permitted uses
CPD · North Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$6.5M
OFFICE BUILDING
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$4.8M
RETAIL STORES
Est. value
$4.7M
INDUSTRIAL (GENERAL)
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
11.17 ac
Current owner
From public records · entity-resolved
Dtp Management Co LLC
Entity
Free & Clear · 19 yrs held
Mailing address
12185 S DIXIE HWY, PINECREST, FL 33156-5257
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2007
—
Dtp Management Co LLC
Del Tura Plaza Associates Ltd
Quit Claim Deed
related
—
Nov 1, 2002
$6,450,000
Dtp Management Co LLC
Preston Oil Co LP
Grant Deed
—
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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