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Property profile & analytics
OFF-MARKET
Estimated value
$3,930,000
Strip malls
290 Nicholas Pkwy Nw Ste 1 Cape Coral, FL 33991-3804
Entity Owned
14-yr Hold
Free & Clear
Property ID
US18-4203862
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,101 SF
Lot
2.69 ac (117,089 SF)
Zoning code
CORR
APN
14-44-23-C1-00500.0560
UPID
US18-4203862
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.40M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.93M
Owner & transaction history
Nscc LLC · 14 yrs held
Nscc LLC
since 2012
7 recorded transactions
Zoning & alternative use
CORR · Cape Coral, 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 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%
$5,850,000
6.5%
$5,400,000
7%
$5,015,000
Blend value · Realmo final
$3.93M
Range $3.54M – $4.32M · ±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
$178 / 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
$89,246
Tax year 2023
Assessed value
$7,211,659
Assessed 2023
Previous assessed
$6,220,949
+15.9% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,472,681
Assessed improvement
$5,738,978
Land market value
$1,472,681
Improvement market value
$5,738,978
Total market value
$7,211,659
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
22,101 SF
Lot
2.69 ac (117,089 SF)
Zoning code
CORR
APN
14-44-23-C1-00500.0560
UPID
US18-4203862
Jurisdiction
LEE
Zoning & alternative use
CORR · Cape Coral, FL
Zoning CORR · permitted uses
CORR · 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.
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.69 ac
Current owner
From public records · entity-resolved
Nscc LLC
Entity
Free & Clear · 14 yrs held
Mailing address
750 11TH ST S STE #202, NAPLES, FL 34102-6719
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2012
$1,100
Nscc LLC
Nicholas Retail Center Coc
Trustees Deed
related
—
Sep 27, 2006
—
Nicolas Retail Center LLC
Schieber,frank W
Quit Claim Deed
related
—
Mar 24, 2006
$5,000,000
Cape Coral Land Development LLC
Gregory W Eagle
Warranty Deed
—
Jan 31, 2006
$250,000
Eagle Gregory W Tr
Nicolas Retail Center LLC
Grant Deed
—
Jan 26, 2005
$1,740,000
Nicolas Retail Center LLC
Allen,james D JR
Warranty Deed
—
Nov 22, 2004
$1,000,000
James D Allen JR.
Eagle,gregory W
Warranty Deed
$680,000 · Orion Bank
Oct 25, 2002
$229,286
Frls Nicholas Parkway LLC
Cauthen,johnson W
Grant Deed
—
May 12, 2000
$229,400
Johnson W Cauthen
Gregory W Eagle Trustee
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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