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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Warehouses
2607 9th Ave Cape Coral, FL 33909-2917
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US19-0816137
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
STEEL FRAME
Total area
5,200 SF
Lot
1.72 ac (74,923 SF)
Zoning code
I-1
APN
30-43-24-C4-00301.009A
UPID
US19-0816137
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
-
Advanced Quality Transport Services Ambulance Service
-
Advance Quality Transportation Freight Service Logistics Company
-
Auto Glass & Windshield Replacement Cape Coral Auto Repair Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$866k
Blend (final)
Blend
$810k
Owner & transaction history
Action Props Of Southwest Florida · 14 yrs held
Action Props Of Southwest Florida
since 2012
5 recorded transactions
Zoning & alternative use
I-1 · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+13.9%
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%
$885,000
6.5%
$815,000
7%
$755,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$985,000
Current use
OFFICE BUILDING
$1,120,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$810k
Range $729k – $891k · ±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
$156 / 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
$8,424
Tax year 2023
Assessed value
$658,027
Assessed 2023
Previous assessed
$421,768
+56.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$360,709
Assessed improvement
$297,318
Land market value
$360,709
Improvement market value
$297,318
Total market value
$658,027
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
2
Total area
5,200 SF
Lot
1.72 ac (74,923 SF)
Zoning code
I-1
APN
30-43-24-C4-00301.009A
UPID
US19-0816137
Jurisdiction
LEE
Zoning & alternative use
I-1 · Cape Coral, FL
Zoning I-1 · permitted uses
I-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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$985,000
OFFICE BUILDING
Est. value
$1.1M
WAREHOUSE, STORAGE Current
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
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.72 ac
Current owner
From public records · entity-resolved
Action Props Of Southwest Florida
Individual
Mailing address
2602 NE 9TH AVE, CAPE CORAL, FL 33909-2933
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2012
$242,000
Action Props Of Southwest Florida
Branch Bkng & Trust Co
Grant Deed
$200,000 · Branch Bk&tr
Dec 10, 2010
$100
Branch Bkng & Trust Co
Hopson,kurt Coc
Trustees Deed
related
—
Dec 6, 2006
$315,000
Kurt Hopson SR.
Robert W Campbell
Warranty Deed
$236,250 · Colonial Bank NA
Mar 24, 2006
—
Kurt Hopson
Sharon L Hopson
Warranty Deed
related
$500,000 · Colonial Bank NA
Jan 20, 1998
$170,000
Jerome W Hopson
Luthi,donald G & Evelyn
Grant Deed
—
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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