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Property profile & analytics
FOR SALE
Gas stations
236 Pondella Rd North Fort Myers, FL 33903
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-9368180
For Sale
1 / 42
$2,200,000
236 Pondella Rd, North Fort Myers, FL 33903
View Listing →
Property summary
AI-generated overview
This versatile 5,850 square foot flex/retail/warehouse property, situated on a 0.61-acre fenced lot in North Fort Myers, Florida, presents a unique investment opportunity. Located just one mile from downtown Fort Myers and on high-traffic Pondella Road, adjacent to a signalized intersection, this property boasts exceptional visibility. Built in 1999 and renovated in 2023, the building features separate offices, a spacious reception area, overhead doors, and ample parking. Currently configured as an auto transmission center with seven lifts and all fixtures, furniture, and equipment included, the C1 zoning allows for a wide range of potential uses. The property's ideal location, combined with its flexible layout and recent renovations, makes it an attractive option for both investors and end-users seeking a prime commercial space in a thriving market. Available for occupancy January 15, 2025. Asking price is $1,698,900.
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1999
Construction
STEEL FRAME
Total area
5,850 SF
Lot
0.64 ac (28,000 SF)
Zoning code
C-1
APN
02-44-24-00-00059.0080
UPID
US18-9368180
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.60M
Owner & transaction history
Cornelios Mendez INC · 1 yrs held
Cornelios Mendez INC
since 2025
Last sale
$1.7M
2 recorded transactions
Zoning & alternative use
C-1 · North Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.0M
+18.6%
Retail stores
$1.8M
+9.1%
Office building
$1.7M
+0.6%
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 North Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$1,685,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,000,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$1,840,000
Change: +9% · Conversion: Difficult
OFFICE BUILDING
$1,695,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$1,670,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.60M
Range $1.44M – $1.75M · ±10% · vs last sale $1.70M (Oct 22 2024)
Last sale anchor
$1.70M
Oct 22 2024
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
$273 / 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
$6,049
Tax year 2023
Assessed value
$551,776
Assessed 2023
Previous assessed
$548,898
+0.5% YoY
Effective rate
1.10%
On assessed value
Assessed land
$236,432
Assessed improvement
$315,344
Land market value
$236,432
Improvement market value
$315,344
Total market value
$551,776
Applied tax rate
39.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
For Sale
Year built
1999
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
2
Total area
5,850 SF
Lot
0.64 ac (28,000 SF)
Zoning code
C-1
APN
02-44-24-00-00059.0080
UPID
US18-9368180
Jurisdiction
LEE
Zoning & alternative use
C-1 · North Fort Myers, FL
Zoning C-1 · permitted uses
C-1 · North Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Fort Myers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
SERVICE STATION (FULL SERVICE) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
MEDICAL 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
1999
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.64 ac
Current owner
From public records · entity-resolved
Cornelios Mendez INC
Entity
Mailing address
236 PONDELLA RD, NORTH FORT MYERS, FL 33903-3847
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2025
$1,698,900
Cornelios Mendez INC
One Time Transmission INC
Warranty Deed
$1,358,900 · One Time Transmission INC
Mar 16, 1999
$86,000
One Time Transmission INC
Ravindran,vijaya L
Grant Deed
$187,500 · Nationsbank
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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