Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,495,000
Retail space
2301 5th St Lehigh Acres, FL 33936-4317
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-6081138
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2011
Construction
STEEL FRAME
Total area
11,498 SF
Lot
1.87 ac (81,457 SF)
Zoning code
C-1
APN
26-44-27-23-00000.0010
UPID
US18-6081138
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
-
FedEx OnSite Postal Service Courier Service
-
Dollar General Grocery & Convenience Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.71M
CAP Approach
CAP
$2.32M
Comparable Approach
Comparable
$3.42M
Blend (final)
Blend
$2.50M
Owner & transaction history
William R Smith · 5 yrs held
William R Smith
since 2021
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
C-1 · Lehigh Acres, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.9M
+47.4%
Medical building
$3.3M
+23.4%
Office building
$3.1M
+16.8%
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 Lehigh Acres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lehigh Acres 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
$2,450,000
ML approach
$2,705,000
CAP Approach
CAP Return
Estimation
6%
$2,515,000
6.5%
$2,320,000
7%
$2,155,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,665,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,930,000
Change: +47% · Conversion: Moderate
MEDICAL BUILDING
$3,285,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$3,110,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$2.50M
Range $2.25M – $2.74M · ±10% · vs last sale $2.50M (Mar 30 2021)
Last sale anchor
$2.50M
Mar 30 2021
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
$217 / 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
$32,000
Tax year 2023
Assessed value
$2,646,660
Assessed 2023
Previous assessed
$2,102,956
+25.9% YoY
Effective rate
1.21%
On assessed value
Assessed land
$730,932
Assessed improvement
$1,915,728
Land market value
$730,932
Improvement market value
$1,915,728
Total market value
$2,646,660
Applied tax rate
48.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2011
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
11,498 SF
Lot
1.87 ac (81,457 SF)
Zoning code
C-1
APN
26-44-27-23-00000.0010
UPID
US18-6081138
Jurisdiction
LEE
Zoning & alternative use
C-1 · Lehigh Acres, FL
Zoning C-1 · permitted uses
C-1 · Lehigh Acres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lehigh Acres. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.1M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
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
2011
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.87 ac
Current owner
From public records · entity-resolved
William R Smith
Individual
Mailing address
4931 BONITA BAY BLVD UNIT #303, BONITA SPRINGS, FL 34134-1707
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2021
$2,500,000
William R Smith
Fl Dg Property Holding LLC
Special Warranty Deed
—
Jan 16, 2014
$2,336,500
Fl Dg Property Holdings LLC
Mcvey Properties #9 LLC
Special Warranty Deed
$6,900,000 · Morgan Stanley Mortgage Capital Holdings
Jun 30, 2011
$1,781,532
Mcvey Properties 9 LLC
Dg Lehigh Acres LLC
Warranty Deed
$1,527,800 · Sterling Bank
Nov 9, 2010
$500,000
Dg Lehigh Acres LLC
Temple Beth E1 Of Ft Myers INC
Warranty Deed
$1,400,000 · Flagship Community Bank
—
—
Temple Beth Elof Ft Myers INC
—
Loan Modification
related
$126,260 · Florida Community Bank
—
—
Temple Beth Elof Ft Myers INC
—
Loan Modification
related
$150,000 · Florida Community Bank
—
—
Temple Beth Elof Ft Myers INC
—
Loan Modification
related
$150,000 · Florida Community Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2301 5th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
