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Property profile & analytics
OFF-MARKET
Estimated value
$9,515,000
Automotive properties
2208 El Jobean Rd Port Charlotte, FL 33948-1120
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-4444814
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2004
Total area
31,392 SF
Lot
3.89 ac (169,448 SF)
Zoning code
PD PLANNED DEVELOPMENT
APN
40-21-14-206-001
UPID
US18-4444814
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
-
The Twisted Fork Restaurant
-
Tattoos by Lisa Schmoldt Tattoo & Piercing Shop
-
REDEMPTION PAID IN FULL Association Or Organization
-
Real Estate in Sunny Southwest Florida Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.51M
Blend (final)
Blend
$9.52M
Owner & transaction history
Horsepower Investments LLC · 10 yrs held
Horsepower Investments LLC
since 2015
5 recorded transactions
Zoning & alternative use
PD PLANNED DEVELOPMENT · Port Charlotte, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$11.9M
+26.2%
Restaurant
$10.7M
+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 Port Charlotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Charlotte 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
AUTO REPAIR, GARAGE
$9,390,000
Current use
INDUSTRIAL (GENERAL)
$11,850,000
Change: +26% · Conversion: Easy
RESTAURANT
$10,700,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$9.52M
Range $8.56M – $10.47M · ±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
$303 / 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
$138,561
Tax year 2023
Assessed value
$6,698,918
Assessed 2023
Previous assessed
$6,586,169
+1.7% YoY
Effective rate
2.07%
On assessed value
Land market value
$1,355,584
Improvement market value
$8,189,588
Total market value
$9,545,172
Applied tax rate
104.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2004
Heating
NONE
Buildings
4
Stories
1
Rooms
1
Bathrooms
9
Total area
31,392 SF
Lot
3.89 ac (169,448 SF)
Zoning code
PD PLANNED DEVELOPMENT
APN
40-21-14-206-001
UPID
US18-4444814
Jurisdiction
CHARLOTTE
Zoning & alternative use
PD PLANNED DEVELOPMENT · Port Charlotte, FL
Zoning PD PLANNED DEVELOPMENT · permitted uses
PD PLANNED DEVELOPMENT · Port Charlotte, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Charlotte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$9.4M
INDUSTRIAL (GENERAL)
Est. value
$11.9M
RESTAURANT
Est. value
$10.7M
AUTO REPAIR, GARAGE Current
INDUSTRIAL (GENERAL)
RESTAURANT
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
2004
Heating
NONE
Stories
1
Buildings
4
Rooms
1
Bathrooms
9
Lot
3.89 ac
Current owner
From public records · entity-resolved
Horsepower Investments LLC
Entity
Mailing address
2224 EL JOBEAN RD, PORT CHARLOTTE, FL 33948-1120
Ownership since
2015
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
Aug 3, 2015
$4,500,000
Horsepower Investments LLC
Aip Enterprises LLC
Special Warranty Deed
—
Jan 22, 2007
$5,000,000
Aip Enterprises LLC
Albert Corricelli
Warranty Deed
$5,000,000 · Wachovia Bank NA
Jan 4, 2005
—
Albert Corricelli
Corpin Corp INC
Grant Deed
related
—
Sep 16, 2004
—
Corpin Corp INC
Corricelli,albert
Warranty Deed
related
—
—
—
Aip Ents LLC
—
Deed Of Trust
related
$3,850,000 · Newtek Small Busn Fin
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.
Try Rey
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