New search
Property profile & analytics
OFF-MARKET
Estimated value
$8,805,000
Warehouses
19440 Tamiami Trl Fort Myers, FL 33908-4805
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2173401
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2004
Construction
CONCRETE
Total area
51,876 SF
Lot
5.08 ac (221,285 SF)
Zoning code
C-2 C-2
APN
20-46-25-01-00012.0000
UPID
US18-2173401
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
-
Beach Chic Treasures Home Decor Store Department Store
-
Extra Space Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.01M
Blend (final)
Blend
$8.81M
Owner & transaction history
19440 S Tamiami Trail LLC · 8 yrs held
19440 S Tamiami Trail LLC
since 2017
7 recorded transactions
Zoning & alternative use
C-2 C-2 · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$13.8M
+22.8%
Retail stores
$13.5M
+20.3%
Neighborhood: shopping center
$12.3M
+9.3%
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
$11,225,000
Current use
MEDICAL BUILDING
$13,790,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$13,505,000
Change: +20% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$12,265,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$8.81M
Range $7.92M – $9.69M · ±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
$170 / 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
$86,122
Tax year 2023
Assessed value
$6,945,189
Assessed 2023
Previous assessed
$6,945,189
+0.0% YoY
Effective rate
1.24%
On assessed value
Land market value
$637,629
Improvement market value
$6,308,998
Total market value
$6,946,627
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Bathrooms
17
Total area
51,876 SF
Lot
5.08 ac (221,285 SF)
Zoning code
C-2 C-2
APN
20-46-25-01-00012.0000
UPID
US18-2173401
Jurisdiction
LEE
Zoning & alternative use
C-2 C-2 · Fort Myers, FL
Zoning C-2 C-2 · permitted uses
C-2 C-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
$11.2M
MEDICAL BUILDING
Est. value
$13.8M
RETAIL STORES
Est. value
$13.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.3M
WAREHOUSE, STORAGE Current
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
2004
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
17
Lot
5.08 ac
Current owner
From public records · entity-resolved
19440 S Tamiami Trail LLC
Entity
Free & Clear · 8 yrs held
Mailing address
45 EASTDALE AVE N STE #200, POUGHKEEPSIE, NY 12603-1796
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2017
—
19440 S Tamiami Trail LLC
—
Grant Deed
related
$7,890,296 · M&t Bk
Sep 20, 2017
$3,075,000
19440 S Tamiami Trail LLC
Mu Manufacturers Unlimited In
Warranty Deed
—
Jul 1, 2004
$2,872,900
Mu Manufacturers Unlimited In
Snitker,ronald E & Katherine R
Warranty Deed
—
Jun 12, 2003
—
Ronald E Snitker
—
Trustees Deed
related
$969,698 · Old Florida Bank
Apr 24, 2000
$400,000
Ronald E Snitker
Scelfo Trust
Grant Deed
$359,600 · Southtrust Mortgage Corp
—
—
Ronald E Snitker
—
Deed Of Trust
related
$365,000 · Colonial Bank
—
—
Ronald E Snitker
—
Deed Of Trust
related
$130,000 · Colonial Bank
—
—
Ronald E Snitker
—
Deed Of Trust
related
$1,939,396 · Old Florida Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 19440 Tamiami Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
