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Property profile & analytics
OFF-MARKET
Estimated value
$3,390,000
Flex space
2840 Ss St Fort Myers, FL 33916-5516
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5873876
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1965
Construction
STEEL FRAME
Total area
35,038 SF
Lot
1.68 ac (73,311 SF)
Zoning code
IH
APN
19-44-25-P4-00063.0040
UPID
US18-5873876
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
-
Creative Door Hardware Bollow Metal Millwork Industrial Manufacturer
-
Creative Door & Millwork LLC Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.39M
Owner & transaction history
Mangement Team INC · 3 yrs held
Mangement Team INC
since 2022
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
IH · Fort Myers, 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 Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers 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
$3,485,000
ML approach
$3,520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.39M
Range $3.05M – $3.73M · ±10% · vs last sale $3.28M (Aug 8 2022)
Last sale anchor
$3.28M
Aug 8 2022
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
$97 / 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
$47,853
Tax year 2023
Assessed value
$2,431,482
Assessed 2023
Previous assessed
$1,628,117
+49.3% YoY
Effective rate
1.97%
On assessed value
Assessed land
$229,064
Assessed improvement
$2,202,418
Land market value
$229,064
Improvement market value
$2,202,418
Total market value
$2,431,482
Applied tax rate
90.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1965
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
3
Total area
35,038 SF
Lot
1.68 ac (73,311 SF)
Zoning code
IH
APN
19-44-25-P4-00063.0040
UPID
US18-5873876
Jurisdiction
LEE
Zoning & alternative use
IH · Fort Myers, FL
Zoning IH · permitted uses
IH · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
3
Lot
1.68 ac
Current owner
From public records · entity-resolved
Mangement Team INC
Entity
Free & Clear · 3 yrs held
Mailing address
1306 WINTER SPGS BLVD, WINTER SPRINGS, FL 32708-3801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2022
—
Management Team INC
—
Deed
related
$1,000,000 · Bank Of Central Florida
Nov 14, 2022
—
Anagement Team INC
—
Deed
related
$1,000,000 · Bank Of Central Florida
Aug 8, 2022
$3,275,000
Mangement Team INC
Creative Door & Millwork Properties
Warranty Deed
—
Jul 26, 2004
$800,000
Creative Door
College Avenue Square LLC
Warranty Deed
$800,000 · M & I Marshall & Isley Bank
Mar 5, 2004
$550,000
College Avenue Square LLC
Meyer Laminates INC
Warranty Deed
—
Nov 9, 1998
$350,000
Meyer Laminates INC
Fred L Macleod Estate
Grant Deed
—
—
—
Creative Door
—
Deed Of Trust
related
$1,067,891 · M & I Marshall & Isley Bank
—
—
Creative Door
—
Loan Modification
related
$3,000,000 · Bmo Harris Bank
—
—
Creative Door
—
Deed Of Trust
related
—
—
—
Creative Door
—
Deed Of Trust
related
$800,000 · M & I Marshall & Isley 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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