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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Office buildings
2159 Fowler St 2165 Fort Myers, FL 33901-3909
Entity Owned
13-yr Hold
Free & Clear
Property ID
US18-3153672
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,267 SF
Lot
1.39 ac (60,374 SF)
Zoning code
CIVIC
APN
24-44-24-P2-01803.0180
UPID
US18-3153672
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.22M
Owner & transaction history
Quackenhassee Holdings LLC · 13 yrs held
Quackenhassee Holdings LLC
since 2013
5 recorded transactions
Zoning & alternative use
CIVIC · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.0M
+13.9%
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
OFFICE BUILDING
$1,715,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,955,000
Change: +14% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,610,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±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
$148 / 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
$26,602
Tax year 2023
Assessed value
$1,014,221
Assessed 2023
Previous assessed
$878,717
+15.4% YoY
Effective rate
2.62%
On assessed value
Assessed land
$83,542
Assessed improvement
$930,679
Land market value
$83,542
Improvement market value
$930,679
Total market value
$1,014,221
Applied tax rate
91.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Bathrooms
2
Total area
8,267 SF
Lot
1.39 ac (60,374 SF)
Zoning code
CIVIC
APN
24-44-24-P2-01803.0180
UPID
US18-3153672
Jurisdiction
LEE
Zoning & alternative use
CIVIC · Fort Myers, FL
Zoning CIVIC · permitted uses
CIVIC · 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
OFFICE BUILDING Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
2
Lot
1.39 ac
Current owner
From public records · entity-resolved
Quackenhassee Holdings LLC
Entity
Free & Clear · 13 yrs held
Mailing address
2161 FOWLER ST STE #100, FORT MYERS, FL 33901-3902
Ownership since
2013
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
Sep 4, 2020
—
Quackenhassee Holdings LLC
—
Deed
related
$3,600,000 · Truist Bank
Oct 31, 2016
—
Quackenhassee Holdings LLC
—
Deed
related
$1,698,750 · First Bk
Jun 18, 2013
$207,000
Quackenhassee Holdings LLC
School Board Of Lee Cnty Florida
Grant Deed
—
—
—
Quackenhassee Holdings LLC
—
Deed Of Trust
related
$1,000,000 · First Bk
—
—
Quackenhassee Holdings LLC
—
Loan Modification
related
$1,698,750 · First 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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