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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Drive through restaurants
2511 Lee Blvd Lehigh Acres, FL 33971-1413
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-2467644
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,698 SF
Lot
1.27 ac (55,321 SF)
Zoning code
CPD
APN
25-44-26-00-00008.0000
UPID
US18-2467644
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
-
Culver's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$870k
Owner & transaction history
S & L Props Lehigh Acres LLC · 10 yrs held
S & L Props Lehigh Acres LLC
since 2016
7 recorded transactions
Zoning & alternative use
CPD · Lehigh Acres, 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 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
by Request
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$870k
Range $783k – $957k · ±10%
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
$185 / 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
$33,571
Tax year 2023
Assessed value
$3,196,808
Assessed 2023
Previous assessed
$3,180,395
+0.5% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,667,713
Assessed improvement
$1,529,095
Land market value
$1,667,713
Improvement market value
$1,529,095
Total market value
$3,196,808
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
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
4,698 SF
Lot
1.27 ac (55,321 SF)
Zoning code
CPD
APN
25-44-26-00-00008.0000
UPID
US18-2467644
Jurisdiction
LEE
Zoning & alternative use
CPD · Lehigh Acres, FL
Zoning CPD · permitted uses
CPD · 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.
Building & site characteristics
From public records
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
S & L Props Lehigh Acres LLC
Entity
Mailing address
2651 KIRKING CT, PORTAGE, WI 53901-9511
Ownership since
2016
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
Jul 10, 2020
—
S & L Prop Lehigh Acres LLC
—
Deed
related
$601,853 · Bank Of Wisconsin Dells
Jun 6, 2016
—
S & L Props Lehigh Acres LLC
—
Deed
related
$2,524,500 · Bank Of Wisconsin Dells
Jan 25, 2016
$1,450,000
S & L Props Lehigh Acres LLC
Preferred Cmnty Bk
Warranty Deed
—
Aug 18, 2010
$450,000
Preferred Cmnty Bk
Colonial Bk
Grant Deed
—
—
—
S & L Props Lehigh Acres LLC
—
Deed Of Trust
related
$2,524,500 · Bank Of Wisconsin Dells
—
—
S & L Prop Lehigh Acres LLC
—
Loan Modification
related
$601,853 · Bank Of Wisconsin Dells
—
—
S & L Prop Lehigh Acres LLC
—
Loan Modification
related
—
—
—
S & L Props Lehigh Acres LLC
—
Deed Of Trust
related
$867,000 · Bank Of Wisconsin Dells
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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