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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Warehouses
2645 9th Ave Cape Coral, FL 33909-2929
Entity Owned
25-yr Hold
Free & Clear
Property ID
US18-4217630
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
6,768 SF
Lot
1.05 ac (45,943 SF)
Zoning code
I1
APN
30-43-24-C4-00500.0120
UPID
US18-4217630
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
-
Cable Tie Tech Corporate Office
-
Oscar's Auto repair Shop Auto Repair Shop
-
Cheap Auto Insurance Quotes Marketing & Advertising
-
Pillar Paint & Remodel, LLC Hardware & Home Improvement Kitchen & Bath Showroom
-
Anderson Screen Enclosures Inc. Computer & Electronic Repair Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.06M
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.55M
Owner & transaction history
BYLANDS PROPERTY CORP
BYLANDS PROPERTY CORP
Zoning & alternative use
I1 · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.5M
+93.6%
Medical building
$2.1M
+62.3%
Retail stores
$2.1M
+60.9%
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%
$1,150,000
6.5%
$1,060,000
7%
$985,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,280,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,480,000
Change: +94% · Conversion: Moderate
MEDICAL BUILDING
$2,080,000
Change: +62% · Conversion: Difficult
RETAIL STORES
$2,060,000
Change: +61% · Conversion: Moderate
OFFICE BUILDING
$1,460,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.40M – $1.71M · ±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
$229 / 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
$17,760
Tax year 2023
Assessed value
$1,492,401
Assessed 2023
Previous assessed
$973,418
+53.3% YoY
Effective rate
1.19%
On assessed value
Assessed land
$357,914
Assessed improvement
$1,134,487
Land market value
$357,914
Improvement market value
$1,134,487
Total market value
$1,492,401
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
2002
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
12
Total area
6,768 SF
Lot
1.05 ac (45,943 SF)
Zoning code
I1
APN
30-43-24-C4-00500.0120
UPID
US18-4217630
Jurisdiction
LEE
Zoning & alternative use
I1 · Cape Coral, FL
Zoning I1 · permitted uses
I1 · 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
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
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
2002
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
12
Lot
1.05 ac
Current owner
From public records · entity-resolved
BYLANDS PROPERTY CORP
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 101725, CAPE CORAL, FL 33910-1725
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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