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Property profile & analytics
OFF-MARKET
Estimated value
$1,935,000
Bowling alleys
1899 Del Prado S Blvd Cape Coral, FL 33990-4546
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-5273022
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
28,288 SF
Lot
2.08 ac (90,727 SF)
Zoning code
C-1
APN
29-44-24-C1-00001.0040
UPID
US18-5273022
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
-
Bowlero Midpoint Bowling Alley
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.94M
Owner & transaction history
Bowlero Del Prado LLC · 3 yrs held
Bowlero Del Prado LLC
since 2023
4 recorded transactions
Zoning & alternative use
C-1 · Cape Coral, 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 Cape Coral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape Coral 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
$68 / 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
$34,291
Tax year 2023
Assessed value
$2,900,515
Assessed 2023
Previous assessed
$1,245,712
+132.8% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,814,540
Assessed improvement
$1,085,975
Land market value
$1,814,540
Improvement market value
$1,085,975
Total market value
$2,900,515
Applied tax rate
57.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
28,288 SF
Lot
2.08 ac (90,727 SF)
Zoning code
C-1
APN
29-44-24-C1-00001.0040
UPID
US18-5273022
Jurisdiction
LEE
Zoning & alternative use
C-1 · Cape Coral, FL
Zoning C-1 · permitted uses
C-1 · Cape Coral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cape Coral. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.08 ac
Current owner
From public records · entity-resolved
Bowlero Del Prado LLC
Entity
Free & Clear · 3 yrs held
Mailing address
7313 BELL CRK RD, MECHANICSVILLE, VA 23111-3551
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2023
—
Bowlero Del Prado LLC
Del Prado Fec LLC
Special Warranty Deed
—
Aug 10, 2017
$683,700
Hot Dogs And More 1899 Del Prado Bl
Del Prado Fec LLC
Special Warranty Deed
$1,274,964 · Midwestone Bank
Oct 3, 2011
$1,900,000
Del Prado Fec LLC
Preisinger G Living Trust
Warranty Deed
$1,450,000 · Preisinger G Living Tr (pt)
—
—
Del Prado Fec LLC
—
Deed Of Trust
related
$700,000 · Florida Cmnty Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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