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Property profile & analytics
OFF-MARKET
Estimated value
$1,630,000
Warehouses
2555 Pne Is Rd Cape Coral, FL 33909-1795
Entity Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5336483
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,780 SF
Lot
17.39 ac (757,637 SF)
Zoning code
CORR/CPO CORR/CPO CORR/CP
APN
04-44-24-C1-00012.0010
UPID
US18-5336483
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
-
Stor Rite Self Storage Storage Facility
-
North Cape Water, LLC Water Treatment Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$2.17M
Blend (final)
Blend
$1.63M
Owner & transaction history
Kirby Family LP 3 · 21 yrs held
Kirby Family LP 3
since 2005
3 recorded transactions
Zoning & alternative use
CORR/CPO CORR/CPO CORR/CP · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.7M
+110.7%
Neighborhood: shopping center
$2.5M
+93.6%
Medical building
$2.1M
+62.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,285,000
Current use
COMMERCIAL (GENERAL)
$2,700,000
Change: +111% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,485,000
Change: +94% · Conversion: Moderate
MEDICAL BUILDING
$2,080,000
Change: +62% · Conversion: Difficult
RETAIL STORES
$2,065,000
Change: +61% · Conversion: Moderate
OFFICE BUILDING
$1,460,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$1.63M
Range $1.47M – $1.79M · ±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
$240 / 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
$205,535
Tax year 2023
Assessed value
$13,015,863
Assessed 2023
Previous assessed
$13,015,863
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$4,151,485
Assessed improvement
$8,864,378
Land market value
$4,151,485
Improvement market value
$8,864,378
Total market value
$13,015,863
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
NONE
Buildings
25
Stories
1
Total area
6,780 SF
Lot
17.39 ac (757,637 SF)
Zoning code
CORR/CPO CORR/CPO CORR/CP
APN
04-44-24-C1-00012.0010
UPID
US18-5336483
Jurisdiction
LEE
Zoning & alternative use
CORR/CPO CORR/CPO CORR/CP · Cape Coral, FL
Zoning CORR/CPO CORR/CPO CORR/CP · permitted uses
CORR/CPO CORR/CPO CORR/CP · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.1M
RETAIL STORES
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
25
Lot
17.39 ac
Current owner
From public records · entity-resolved
Kirby Family LP 3
Entity
Free & Clear · 21 yrs held
Mailing address
1406 SE 46TH LN STE #4, CAPE CORAL, FL 33904-8684
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2005
$165,900
Kirby Family LP 3
Garden Parkway LLC
Warranty Deed
—
Jun 13, 2005
$1,054,600
Kirby Family LP 3
Eagle,gregory W
Warranty Deed
$850,000 · Idelson Ventures I Lc
Nov 13, 1998
$750,500
Kirby Family LP
Kirby,lynn A
Grant Deed
related
—
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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