New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,980,000
Warehouses
19580 Tamiami Trl Fort Myers, FL 33908-4807
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-3628683
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Construction
STEEL FRAME
Total area
34,620 SF
Lot
5.14 ac (224,073 SF)
Zoning code
CPD
APN
20-46-25-00-00003.0000
UPID
US18-3628683
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
-
Blissbeautifull Hair Salon
-
CubeSmart Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.62M
Comparable Approach
Comparable
$9.41M
Blend (final)
Blend
$7.98M
Owner & transaction history
Cubesmart LP · 7 yrs held
Cubesmart LP
since 2019
3 recorded transactions
Zoning & alternative use
CPD · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$12.4M
+65.9%
Office building
$10.0M
+34.1%
Medical building
$9.2M
+22.8%
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%
$6,085,000
6.5%
$5,615,000
7%
$5,215,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,490,000
Current use
COMMERCIAL (GENERAL)
$12,425,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$10,040,000
Change: +34% · Conversion: Difficult
MEDICAL BUILDING
$9,200,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$9,015,000
Change: +20% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$8,185,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$7.98M
Range $7.18M – $8.78M · ±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
$231 / 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
$151,212
Tax year 2023
Assessed value
$13,564,240
Assessed 2023
Previous assessed
$13,564,240
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$4,853,645
Assessed improvement
$8,710,595
Land market value
$4,853,645
Improvement market value
$8,710,595
Total market value
$13,564,240
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
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
8
Stories
1
Total area
34,620 SF
Lot
5.14 ac (224,073 SF)
Zoning code
CPD
APN
20-46-25-00-00003.0000
UPID
US18-3628683
Jurisdiction
LEE
Zoning & alternative use
CPD · Fort Myers, FL
Zoning CPD · permitted uses
CPD · 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
$7.5M
COMMERCIAL (GENERAL)
Est. value
$12.4M
OFFICE BUILDING
Est. value
$10.0M
MEDICAL BUILDING
Est. value
$9.2M
RETAIL STORES
Est. value
$9.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.2M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
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
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
8
Lot
5.14 ac
Current owner
From public records · entity-resolved
Cubesmart LP
Entity
Mailing address
PO BOX 320099, ALEXANDRIA, VA 22320-4099
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2019
$9,100,000
Cubesmart LP
Bwr Of Estero LLC
Grant Deed
—
Sep 1, 2015
$6,463,318
Bwr Of Estero LLC
Estero 41 Self Storage LLC
Grant Deed
—
Apr 13, 2000
$637,500
Estero 41 Self-storage Lc
Wayne G Russell Trustee
Grant Deed
$1,350,000 · Gulf Coast National 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 19580 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.
