Technical
Financial
Distress signals
Property profile

21950 Tamiami Trl Estero, FL 33928

OFF-MARKET
Drug stores
Property ID
US18-8274631
16,567 SF 2.01 ac lot Built 2007
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2007
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,567 SF
Lot 2.01 ac (87,773 SF)
Zoning code MPD
APN 33-46-25-E3-28007.0000
UPID US18-8274631

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Pharmacy
  • (Bike/Boat/Book/etc) Store
  • Postal Service Courier Service
  • Pharmacy

Location

21950 Tamiami Trl Estero, FL 33928-3231
Estero metro Census 50320 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.77M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.09M
Blend (final) Blend
$7.63M

Owner & transaction history

since 2022
Last sale
$7.4M
2 recorded transactions
2022
$7.4M
2021
$5.3M

Zoning & alternative use

MPD · Estero, FL
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 lim…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Auto repair, garage $11.7M +124.4%
Commercial (general) $10.3M +97.6%
Restaurant $9.6M +84.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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