Entity Owned Property summary
AI-generated overview
This single-story, 8,042-square-foot Class B medical office building is located at 228 Plaza Drive in Lehigh Acres, Florida, 33936. Built in 1988, the property features a total of three suites within a landscaped courtyard setting. Currently fully occupied, the building offers a minimum divisible space of 4,257 square feet, with a maximum contiguous space of 4,257 square feet. The building boasts 24 parking spaces and is zoned C-2. The property's layout includes a blended mix of wet and dry exam rooms, doctors' and administrative offices, reception areas, two separate lobbies, and seven separate bathrooms for staff and patients. Additional amenities include meeting and break rooms. The property is situated in the Lehigh Acres submarket of Lee County and has an APN of 31-44-27-16-00000.0020. The building is served by electric power and does not have elevators. This is an excellent opportunity for investors seeking a stable, fully leased medical office property in a desirable location. The current tenant is a medical family practice.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,042 SF
Lot
0.7 ac (30,290 SF)
APN
31-44-27-16-00000.0020
UPID
US18-1798726
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
-
Physician Medical Clinic
-
Physician
-
Physician
-
Counselor
-
Church
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$906k
Blend (final)
Blend
$705k
Owner & transaction history
since 2022
Last sale
$685,000
1 recorded transaction
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$705k
Value range
$635k – $776k
±10% around blend
Estimated value / SF
$88 / SF
Confidence
High
10 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$635k
blend $705k
$776k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,042 SF
Lot area
0.7 ac
Year built
1985
Stories
1
APN
31-44-27-16-00000.0020
Assessed value
$811,945
Annual tax
$10,914
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.48M
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.6 mi away · 5,670 SF
14.2 mi away · 7,909 SF
14.9 mi away · 9,863 SF
15.0 mi away · 10,127 SF
15.0 mi away · 6,008 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$705k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 36 sales
$271
-68%
Submarket 40 sales
$236
-63%
County 751 sales
$290
-70%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $88/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$685k
Move the market yield to see immediate price impact.
Value / SF
$85
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$43k
$863k
$616k
$480k
$48k
$959k
$685k
$533k
$53k
$1.05M
$753k
$586k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$3.00M
8.3 mi · Nov 2025 · $298/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,914
Tax year 2023
Assessed value
$811,945
Assessed 2023
Previous assessed
$704,180
+15.3% YoY
Effective rate
1.34%
On assessed value
Assessed improvement
$811,945
Improvement market value
$811,945
Total market value
$811,945
Applied tax rate
48.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
9
Total area
8,042 SF
Lot
0.7 ac (30,290 SF)
APN
31-44-27-16-00000.0020
UPID
US18-1798726
Jurisdiction
LEE
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
9
Lot
0.7 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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