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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Medical Office Space
2125 16th Pl Cape Coral, FL 33990-4703
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-3751560
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,329 SF
Lot
0.74 ac (32,175 SF)
Zoning code
P-1
APN
29-44-24-C4-05387.0010
UPID
US18-3751560
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
-
Dr. Janet F. Cheng Physician Medical Clinic
-
Bianca Rhea Villafuerte Physician
-
Coralwood Dermatology Medical Clinic Skin Care Clinic
-
Alyssa Fero Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
$835k
Comparable Approach
Comparable
$984k
Blend (final)
Blend
$800k
Owner & transaction history
Rocket Science Ventures LLC · 8 yrs held
Rocket Science Ventures LLC
since 2017
5 recorded transactions
Zoning & alternative use
P-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
Method
Estimation
Statistic approach
by Request
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$905,000
6.5%
$835,000
7%
$775,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,330,000
Current use
RETAIL STORES
$1,315,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$1,090,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$185 / 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
$30,677
Tax year 2023
Assessed value
$2,187,885
Assessed 2023
Previous assessed
$1,600,699
+36.7% YoY
Effective rate
1.40%
On assessed value
Assessed land
$643,500
Assessed improvement
$1,544,385
Land market value
$643,500
Improvement market value
$1,544,385
Total market value
$2,187,885
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Total area
4,329 SF
Lot
0.74 ac (32,175 SF)
Zoning code
P-1
APN
29-44-24-C4-05387.0010
UPID
US18-3751560
Jurisdiction
LEE
Zoning & alternative use
P-1 · Cape Coral, FL
Zoning P-1 · permitted uses
P-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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING Current
RETAIL STORES
OFFICE BUILDING
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
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.74 ac
Current owner
From public records · entity-resolved
Rocket Science Ventures LLC
Entity
Free & Clear · 8 yrs held
Mailing address
2125 SE 16TH PL, CAPE CORAL, FL 33990-4703
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2019
—
Rocket Science Ventures LLC
—
Deed
related
$1,600,000 · First American Bk
Sep 25, 2017
$189,000
Rocket Science Ventures LLC
Postema James E
Grant Deed
—
Aug 20, 2004
—
Ransome Prindle
Prindle Donna L Trust
Quit Claim Deed
related
—
Aug 20, 2004
$350,000
James E Postema
Hinks,donald
Warranty Deed
—
—
—
Rocket Science Ventures LLC
—
Deed Of Trust
related
$1,600,000 · First American 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.
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