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    Property profile & analytics

    21950 Tamiami Trl Estero, FL 33928-3231

    • Drug stores
    • 16,567 SF
    • 2.01 lot acres
    OFF-MARKET
    Value Estimation
    $7,635,000
    Last Sale
    Jan 05, 2022
    $7,410,000
    Location Intelligence
    Property ID
    US18-8274631
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Walgreens / Perfume Store / Stationery Store
    • Walgreens Pharmacy / Pharmacy
    • Walgreens Photo / Passport Photo Processor / Photo Lab
    • FedEx OnSite / Mailing Service
    • COVID-19 Drive-Thru Testing at Walgreens / Pharmacy

    Property Details for 21950 Tamiami Trl

    Year built
    2007
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.01 lot acres
    Property size
    16,567 SF
    Zone code
    MPD
    Property type
    Drug stores
    APN
    33-46-25-E3-28007.0000
    APU
    334625E3280070000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,630,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,165,000
      6.5%
      $6,725,000
      7%
      $6,825,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,380,000
      Geo Method
      $7,585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,365,000
      Retail
      $8,720,000
      Mixed-Use
      $6,920,000
      Hospitality
      $7,775,000
      Educational
      $7,855,000
      Residential Income
      $7,150,000
      Energy
      $7,230,000
      Income-Based Land
      $7,105,000
      Food Service
      $6,810,000

    Location Insight

    • Map
    • Local Demand
    City
    Estero
    County
    Lee
    State
    Florida
    Longitude
    -81.8123
    Latitude
    26.4208
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $60,086
    $3,315,362
    $1,657,802
    $4,973,164
    -
    $3,315,362
    $1,657,802
    $4,973,164

    Comparable in this City

    • Value Estimation by Request
      16,375 SF

      11241 Miromar Sq Blvd

      DRUG STORE, PHARMACY • 16,375 SF
      11241 Miromar Sq Blvd, Estero, FL 33928-6229
      View Details
    • Value Estimation by Request
      6,604 SF

      21910 Tamiami Trl

      FINANCIAL BUILDING • 6,604 SF
      21910 Tamiami Trl, Estero, FL 33928-3231
      View Details
    • Value Estimation by Request
      5,959 SF

      21321 Tamiami Trl

      FINANCIAL BUILDING • 5,959 SF
      21321 Tamiami Trl, Estero, FL 33928-2901
      View Details
    • Value Estimation by Request
      5,922 SF

      22350 Tamiami Trl

      CONVENIENCE STORE • 5,922 SF
      22350 Tamiami Trl, Estero, FL 33928-4403
      View Details
    • Value Estimation by Request
      4,503 SF

      23200 Via Villagio

      RETAIL STORES (PERSONAL SERVICES) • 4,503 SF
      23200 Via Villagio, Estero, FL 33928-8353
      View Details
    • Value Estimation by Request
      6,674 SF

      7996 Mediterranean Dr

      FINANCIAL BUILDING • 6,674 SF
      7996 Mediterranean Dr, Estero, FL 33928-8303
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      5,433 SF

      Retail Space in Estero, FL

      Retail space available for rent in Estero, Florida.
      20041 S Tamiami Trl, Estero, FL 33928
      View Details
    • Contact for pricing
      1,378 SF

      Retail Space in Estero, FL

      Retail space available for lease in Estero, Florida.
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      View Details
    • $14 SF/Yr
      19,087 SF

      Retail/Office Suites on S Tamiami Trail

      Suites suitable for retail or office use on S Tamiami Trail.
      19970 S Tamiami Trl, Estero, FL 33928
      View Details
    • $42 SF/Yr
      7,800 SF

      Estero Retail Space For Lease

      Prime Estero location, 7,800 sq ft, 2 suites.
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    • Contact for pricing
      1,832 SF

      Retail Space on Tamiami Trail

      Retail space available in high-traffic Estero center.
      21301 S Tamiami Trl, Estero, FL 33928
      View Details
    • Contact for pricing
      10,000 SF

      Horizon Park Retail Center: Bonita Springs

      Prime Retail Space: I-75 & Bonita Beach Rd
      I-75 & Bonita Bch Rd, Bonita Springs, FL 33928
      View Details
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    21950 Tamiami Trl
    Estero, FL 33928-3231
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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