Financial
Distress signals
Property profile

18971 State Rd 31 North Fort Myers, FL 33917

OFF-MARKET
Grocery and convenience stores
Property ID
US19-0410990
3,109 SF 1.86 ac lot Built 2020
Last sale Dec 2020 · $5,572,800
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial retail building totaling 3,120 square feet, located on a signalized corner along two major thoroughfares just south of the Babcock Ranch development. It is configured to support retail or specialty uses. The listing context indicates it has historically been operated under a corporate lease structure with a remaining primary term of approximately 10 years, with scheduled rental increases and additional renewal options; it also references tax-related benefits associated with bonus depreciation through reinstatement.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$40k
Tax billed · 2023
Assessed value$3.07M
Assessed land$2.09M
Assessed improvement$983k
Effective rate1.31%

Value estimate

· Sep 2026
$6.78M
$6.10M – $7.46M
AI approach$7.15M
Sales comparison$3.51M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$236/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$145 – $387
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CR
The CR district is designated for limited commercial purposes in nonurban areas, providing goods and services specific to rural activitie...
General categoryCOMMERCIAL
JurisdictionLEE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop9.3
Realty agency8.8
Plumbing Service8.8

Location

18971 State Rd 31 North Fort Myers, FL 33917-5553
County assessor Recorded deeds · 8 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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