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Property profile & analytics
OFF-MARKET
Estimated value
$4,400,000
Self service car washes
245 Nicholas W Pkwy Cape Coral, FL 33991
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3711195
Property profile
Verified
Property type
Self service car washes
Use group
CAR WASH - SELF-SERVE
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,263 SF
Lot
0.73 ac (31,768 SF)
Zoning code
CORR CORR
APN
14-44-23-C1-01944.B020
UPID
US18-3711195
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
$4.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.40M
Owner & transaction history
Driven Brands INC · 1 yrs held
Driven Brands INC
since 2024
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
CORR CORR · 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
Method
Estimation
Statistic approach
$4,400,000
ML approach
$4,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.40M
Range $3.96M – $4.84M · ±10% · vs last sale $4.40M (Nov 27 2024)
Last sale anchor
$4.40M
Nov 27 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
$1,032 / 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
$11,906
Tax year 2023
Assessed value
$667,355
Assessed 2023
Previous assessed
$667,355
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$417,146
Assessed improvement
$250,209
Land market value
$417,146
Improvement market value
$250,209
Total market value
$667,355
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
Self service car washes
Use group
CAR WASH - SELF-SERVE
Status
Off-Market
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
4,263 SF
Lot
0.73 ac (31,768 SF)
Zoning code
CORR CORR
APN
14-44-23-C1-01944.B020
UPID
US18-3711195
Jurisdiction
LEE
Zoning & alternative use
CORR CORR · Cape Coral, FL
Zoning CORR CORR · permitted uses
CORR CORR · 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
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Driven Brands INC
Entity
Free & Clear · 1 yrs held
Mailing address
440 S CHURCH ST STE #700, CHARLOTTE, NC 28202-2059
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 15, 2024
$4,400,000
Driven Brands INC
Boing Us Holdco INC
Special Warranty Deed
—
Mar 2, 2022
$1,350,000
Boing Us Holdco INC
B & T Of Ca LLC
Warranty Deed
—
Jun 27, 2019
$1,900,000
B & T Of Ca LLC
Mean Bubbles LLC
Warranty Deed
$1,505,000 · Firstbank
Nov 12, 2015
$2,130,000
Mean Bubbles LLC
Rosescrans,william G
Trustees Deed
$2,130,000 · Rosecrans Living Trust (pt)
Feb 1, 2011
$400,000
Billy Bobs Car Wash LLC
Figuerado,james JR & Deborah
Warranty Deed
—
Sep 28, 2004
—
James Figuerado JR.
Autowash Ents INC
Quit Claim Deed
related
—
Jun 24, 1998
$415,000
Autowash Enterprises INC
Teague,stan
Grant Deed
$100,000 · Cape Coral National Bank
—
—
James Figuerado JR.
—
Deed Of Trust
related
$455,415 · Fifth Third 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.
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