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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Strip malls
2110 Santa Barbara Blvd 2120 Cape Coral, FL 33991-4381
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-1959450
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
833 SF
Lot
0.8 ac (35,000 SF)
Zoning code
C-1D
APN
26-44-23-C3-03047.0380
UPID
US18-1959450
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
-
Sunshine Groomers - dog grooming Pet Grooming Service
-
Salon Inspiration Hair Salon
-
Elite Transport Care LLC Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$925k
Owner & transaction history
Sunshine Plaza Place LLC · 5 yrs held
Sunshine Plaza Place LLC
since 2020
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C-1D · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$585,000
+92.5%
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
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
AUTO REPAIR, GARAGE
$585,000
Change: +92% · Conversion: Difficult
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $1.15M (Dec 21 2020)
Last sale anchor
$1.15M
Dec 21 2020
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
$1,110 / 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
$30,848
Tax year 2023
Assessed value
$2,026,236
Assessed 2023
Previous assessed
$1,746,922
+16.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$682,500
Assessed improvement
$1,343,736
Land market value
$682,500
Improvement market value
$1,343,736
Total market value
$2,026,236
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Total area
833 SF
Lot
0.8 ac (35,000 SF)
Zoning code
C-1D
APN
26-44-23-C3-03047.0380
UPID
US18-1959450
Jurisdiction
LEE
Zoning & alternative use
C-1D · Cape Coral, FL
Zoning C-1D · permitted uses
C-1D · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$585,000
AUTO REPAIR, GARAGE
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
0.8 ac
Current owner
From public records · entity-resolved
Sunshine Plaza Place LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4126 PALM BCH BLVD, FORT MYERS, FL 33916-3411
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2020
$1,150,000
Sunshine Plaza Place LLC
Bigi Ali
Warranty Deed
—
Oct 31, 2016
$880,000
Bigi Ali
2110 Santa Barbara LLC
Warranty Deed
$660,000 · Charlotte State Bank & Trust
Dec 30, 2014
$720,000
2110 Santa Barbara LLC
Cxa-16 Corp
Grant Deed
—
Dec 4, 2007
$405,800
Mangiavillano,carlo & Biago
Mangiavillano,marco
Quit Claim Deed
related
$1,372,500 · Indymac Com'l Lndg
Mar 9, 2004
$1,750,000
Carlo Mangiavillano
Hinks,donald E
Grant Deed
$1,300,000 · First National Bank Florida
Nov 18, 2002
—
Donald E Hinks
—
Trustees Deed
related
$568,000 · Old Florida Bank
Jan 4, 2001
$300,000
Donald E Hinks
Caueglia,julian A & Yvette
Grant Deed
—
—
—
Donald E Hinks
—
Deed Of Trust
related
$375,000 · Old Florida Bank
—
—
Sunshine Plaza Place LLC
—
Loan Modification
related
$800,000 · Charlotte St Bk&tr
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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