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Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Office buildings
2229 Unity Ave, Fort Myers, FL 33901-7242
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-0215709
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,301 SF
Lot
1.62 ac (70,567 SF)
Zoning code
RM12
APN
25-44-24-P4-02103.0040
UPID
US18-0215709
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
-
House of Ladders, West Florida Inc. Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$1.57M
Owner & transaction history
C J G Family LLC · 6 yrs held
C J G Family LLC
since 2019
7 recorded transactions
Zoning & alternative use
RM12 · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.9M
+72.8%
Retail stores
$1.5M
+35.9%
Medical building
$1.4M
+28.0%
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%
$1,620,000
6.5%
$1,495,000
7%
$1,390,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,100,000
Current use
COMMERCIAL (GENERAL)
$1,900,000
Change: +73% · Conversion: Easy
RETAIL STORES
$1,495,000
Change: +36% · Conversion: Moderate
MEDICAL BUILDING
$1,410,000
Change: +28% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,255,000
Change: +14% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,030,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±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
$295 / 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
$26,604
Tax year 2023
Assessed value
$1,635,990
Assessed 2023
Previous assessed
$1,162,928
+40.7% YoY
Effective rate
1.63%
On assessed value
Assessed land
$249,252
Assessed improvement
$1,386,738
Land market value
$249,252
Improvement market value
$1,386,738
Total market value
$1,635,990
Applied tax rate
90.0000
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
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
5,301 SF
Lot
1.62 ac (70,567 SF)
Zoning code
RM12
APN
25-44-24-P4-02103.0040
UPID
US18-0215709
Jurisdiction
LEE
Zoning & alternative use
RM12 · Fort Myers, FL
Zoning RM12 · permitted uses
RM12 · 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
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.0M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
1.62 ac
Current owner
From public records · entity-resolved
C J G Family LLC
Entity
Mailing address
2701 NE 10TH ST, POMPANO BEACH, FL 33062-4217
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2019
$749,900
C J G Family LLC
2229 Unity LLC
Warranty Deed
$637,415 · First Citizens Bank & Trust Co
Mar 22, 2019
—
2229 Unity LLC
—
Deed
related
$1,500,000 · Busey Bank
Jun 30, 2016
—
2229 Unity LLC
—
Deed
related
$672,000 · Synovus Bk
Sep 13, 2007
—
2229 Unity LLC
Elite Electrical Contractors I
Warranty Deed
$842,328 · Florida Gulf Bank
Apr 4, 2006
$1,125,000
Electrical Contractors I Elite
Lunsford Real Estate LLC
Warranty Deed
$860,000 · Florida Gulf Bank
Jul 15, 2002
—
Lunsford Real Estate LLC
Vosney INC
Grant Deed
$236,000 · Mutual Fsb
May 21, 2002
—
Lunsford Real Estates LLC
Vosney INC
Grant Deed
$236,000 · Mutual Fsb
—
—
2229 Unity LLC
—
Deed Of Trust
related
$700,721 · Florida Gulf Bank
—
—
2229 Unity LLC
—
Deed Of Trust
related
$672,000 · Synovus 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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