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Property profile & analytics
OFF-MARKET
Estimated value
$2,395,000
Retail space
21700 Tamiami Trl Estero, FL 33928-3920
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-8406215
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,394 SF
Lot
1.39 ac (60,525 SF)
Zoning code
MPD
APN
33-46-25-E3-28001.0000
UPID
US18-8406215
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
-
ABC Fine Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.50M
Comparable Approach
Comparable
$3.14M
Blend (final)
Blend
$2.40M
Owner & transaction history
Abc Liquors INC · 10 yrs held
Abc Liquors INC
since 2016
3 recorded transactions
Zoning & alternative use
MPD · Estero, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Mixed-Use Planned Development (MPD) district is to encourage integrated, well-planned, pedestrian-friendly, mixed-use developments in appropriate locations throughout the Village, including but not limited to lands designated Transitional Mixed Use in the Future Land Use Map in the comprehensive plan. A range of residential and nonresident…
Zone name
Mixed Use Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
4,678.14 ac
Source
Realmo
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 Estero submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Estero 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%
$2,710,000
6.5%
$2,500,000
7%
$2,325,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,895,000
Current use
MEDICAL BUILDING
$3,545,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$2.40M
Range $2.16M – $2.63M · ±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
$193 / 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
$33,677
Tax year 2023
Assessed value
$2,562,749
Assessed 2023
Previous assessed
$2,170,371
+18.1% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,210,500
Assessed improvement
$1,352,249
Land market value
$1,210,500
Improvement market value
$1,352,249
Total market value
$2,562,749
Applied tax rate
316.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
12,394 SF
Lot
1.39 ac (60,525 SF)
Zoning code
MPD
APN
33-46-25-E3-28001.0000
UPID
US18-8406215
Jurisdiction
LEE
Zoning & alternative use
MPD · Estero, FLZoning MPD · permitted uses
MPD · Estero, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Mixed-Use Planned Development (MPD) district is to encourage integrated, well-planned, pedestrian-friendly, mixed-use developments in appropriate locations throughout the Village, including but not limited to lands designated Transitional Mixed Use in the Future Land Use Map in the comprehensive plan. A range of residential and nonresidential uses are allowed, with the intent of providing a variety of housing options and mutually-supportive nonresidential uses that serve the residents and the surrounding neighborhood.
Zone name
Mixed Use Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
4,678.14 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.5M
RETAIL STORES Current
MEDICAL 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
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
Abc Liquors INC
Entity
Free & Clear · 10 yrs held
Mailing address
8989 S ORANGE AVE, ORLANDO, FL 32824-7904
Ownership since
2016
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
Apr 13, 2016
$1,280,000
Abc Liquors INC
Estero Was Partners LP
Grant Deed
—
Mar 17, 2015
$590,000
Estero Was Partners LP
Estero Tt Outparcel LLC
Grant Deed
related
—
Dec 14, 2006
—
Win-estero Ltd
—
Grant Deed
related
$6,000,000 · Amsouth 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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