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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Gas stations
213 3rd Ave Cape Coral, FL 33991-2024
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-8897518
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2009
Construction
STEEL FRAME
Total area
2,400 SF
Lot
0.46 ac (20,010 SF)
Zoning code
CORR CORR
APN
14-44-23-C2-01952.0080
UPID
US18-8897518
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
-
MTS Construction Inc Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$635k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
404 Church LLC · 4 yrs held
404 Church LLC
since 2022
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
CORR CORR · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$955,000
+87.7%
Neighborhood: shopping center
$880,000
+72.5%
Medical building
$735,000
+44.6%
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
$625,000
ML approach
$635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$510,000
Current use
COMMERCIAL (GENERAL)
$955,000
Change: +88% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$880,000
Change: +72% · Conversion: Difficult
MEDICAL BUILDING
$735,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$730,000
Change: +43% · Conversion: Difficult
OFFICE BUILDING
$515,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$425,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $600k (May 24 2022)
Last sale anchor
$600k
May 24 2022
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
$256 / 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
$4,070
Tax year 2023
Assessed value
$216,174
Assessed 2023
Previous assessed
$179,865
+20.2% YoY
Effective rate
1.88%
On assessed value
Assessed land
$80,040
Assessed improvement
$136,134
Land market value
$80,040
Improvement market value
$136,134
Total market value
$216,174
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2009
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
2,400 SF
Lot
0.46 ac (20,010 SF)
Zoning code
CORR CORR
APN
14-44-23-C2-01952.0080
UPID
US18-8897518
Jurisdiction
LEE
Zoning & alternative use
CORR CORR · Cape Coral, FL
Zoning CORR CORR · permitted uses
CORR CORR · 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
SERVICE STATION (FULL SERVICE) Current
Est. value
$510,000
COMMERCIAL (GENERAL)
Est. value
$955,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$880,000
MEDICAL BUILDING
Est. value
$735,000
RETAIL STORES
Est. value
$730,000
OFFICE BUILDING
Est. value
$515,000
WAREHOUSE, STORAGE
Est. value
$425,000
SERVICE STATION (FULL SERVICE) Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2009
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
404 Church LLC
Entity
Mailing address
1100 LAFAYETTE RD, WAYNE, PA 19087-2111
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2022
$600,000
404 Church LLC
Duyen Chan Giaag
Warranty Deed
—
May 2, 2017
—
Giang D Chau
Herrera,jonathan S H
Quit Claim Deed
related
—
Mar 6, 2017
—
Jonathan S H Horrora
Chau,giang D
Quit Claim Deed
related
—
Nov 22, 2013
$130,000
Giang D Chau
Malmberg,david C & Shirley
Warranty Deed
—
May 29, 2008
$59,000
David C Malmberg
Decastro,dana & Margaret M
Warranty Deed
—
Jun 13, 2005
$92,000
Dana Decastro
Lois A Hanson
Warranty Deed
$44,500 · Busey Bank Florida
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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