New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,420,000
Strip malls
2378 Surfside Blvd Cape Coral, FL 33991-3181
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-2710042
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,943 SF
Lot
2.5 ac (108,764 SF)
Zoning code
C-1
APN
29-44-23-C3-00971.0010
UPID
US18-2710042
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
-
Surfside Dental – Cape Coral Dental Office
-
Paradise Deli & Grill Restaurant
-
RPI Kitchen & Bath, LLC Hardware & Home Improvement Furniture & Home Goods
-
SWFL Weight Loss Weight Loss Service
-
THE B-12 STORE, Cape Coral (Bike/Boat/Book/etc) Store Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.42M
Owner & transaction history
J Mcgraw LLC · 6 yrs held
J Mcgraw LLC
since 2019
7 recorded transactions
Zoning & alternative use
C-1 · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cape Coral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape Coral 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$137 / 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
$70,347
Tax year 2023
Assessed value
$4,785,011
Assessed 2023
Previous assessed
$4,473,159
+7.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$2,648,349
Assessed improvement
$2,136,662
Land market value
$2,648,349
Improvement market value
$2,136,662
Total market value
$4,785,011
Applied tax rate
57.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
24,943 SF
Lot
2.5 ac (108,764 SF)
Zoning code
C-1
APN
29-44-23-C3-00971.0010
UPID
US18-2710042
Jurisdiction
LEE
Zoning & alternative use
C-1 · Cape Coral, FL
Zoning C-1 · permitted uses
C-1 · Cape Coral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cape Coral. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
J Mcgraw LLC
Entity
Mailing address
5318 NAUTILUS DR, CAPE CORAL, FL 33904-5949
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2019
$4,700,000
J Mcgraw LLC
T Surfside Fl LLC
Special Warranty Deed
$3,300,000 · Centerstate Bank Of Florida NA
Jun 3, 2019
$13,625,000
T Surfside Fl LLC
Dodge Cape Coral LLC
Special Warranty Deed
$11,580,000 · Wells Fargo Bank NA
Jul 10, 2014
—
Dodge Cape Coral LLC
—
Loan Modification
related
$16,150,000 · Northern Tr
Jul 5, 2011
—
Dodge Cape Coral LLC
—
Deed Of Trust
related
$16,150,000 · Northern Trust Co
Apr 6, 2011
—
Dodge Cape Coral LLC
—
Deed Of Trust
related
$23,433,529 · Northern Trust Co
Mar 4, 2009
—
Dodge Cape Coral LLC
—
Deed Of Trust
related
$25,522,500 · Northern Trust Co
May 3, 2005
$8,471,500
Dodge Cape Coral LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Dodge Cape Coral LLC
—
Loan Modification
related
$16,150,000 · Northern Tr
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 2378 Surfside Blvd?
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.
