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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Retail space
3 Homestead N Rd Lehigh Acres, FL 33936-6607
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4201328
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,960 SF
Lot
0.39 ac (16,771 SF)
Zoning code
CPD
APN
32-44-27-01-00002.0240
UPID
US18-4201328
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
-
Joyeria Velázquez (Bike/Boat/Book/etc) Store
-
Lehigh Furniture Inc Furniture & Home Goods Home Decor Store
-
Delta's Discounts Grocery & Convenience Store
-
Design Studio (Bike/Boat/Book/etc) Store Printing Service
-
Raquel flowers and decor Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$880k
Blend (final)
Blend
$785k
Owner & transaction history
Oma Real Estate Investors LLC · 8 yrs held
Oma Real Estate Investors LLC
since 2018
7 recorded transactions
Zoning & alternative use
CPD · Lehigh Acres, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.0M
+47.4%
Medical building
$845,000
+23.4%
Office building
$800,000
+16.8%
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 Lehigh Acres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lehigh Acres 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%
$645,000
6.5%
$595,000
7%
$555,000
Alternative Use
Use
Estimation
RETAIL STORES
$685,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,010,000
Change: +47% · Conversion: Moderate
MEDICAL BUILDING
$845,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$800,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$785k
Range $707k – $864k · ±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
$265 / 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
$6,081
Tax year 2023
Assessed value
$551,683
Assessed 2023
Previous assessed
$410,224
+34.5% YoY
Effective rate
1.10%
On assessed value
Assessed land
$124,615
Assessed improvement
$427,068
Land market value
$124,615
Improvement market value
$427,068
Total market value
$551,683
Applied tax rate
48.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
2,960 SF
Lot
0.39 ac (16,771 SF)
Zoning code
CPD
APN
32-44-27-01-00002.0240
UPID
US18-4201328
Jurisdiction
LEE
Zoning & alternative use
CPD · Lehigh Acres, FL
Zoning CPD · permitted uses
CPD · Lehigh Acres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lehigh Acres. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$685,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$845,000
OFFICE BUILDING
Est. value
$800,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Oma Real Estate Investors LLC
Entity
Free & Clear · 8 yrs held
Mailing address
9602 BLUE STONE CIR, FORT MYERS, FL 33913-6721
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Mar 29, 2018
—
Oma Real Estate Investors LLC
—
Deed
related
—
Mar 27, 2018
—
Oma Real Estate Investors LLC
Culver,michael L & Vicki Z
Grant Deed
related
—
Nov 30, 2017
$400,000
Oma Real Estate Investors LLC
Michael L Culver
Warranty Deed
$300,000 · Busey Bk
Jun 11, 1999
—
Michael L Culver
—
Grant Deed
related
$230,081 · Florida Community Bank
Apr 3, 1997
$48,500
Michael Culver
Gaines,james L & Elizabeth J
Grant Deed
$40,000 · Individual
—
—
Michael L Culver
—
Deed Of Trust
related
$304,552 · Florida Community Bank
—
—
Michael L Culver
—
Loan Modification
related
$237,665 · Florida Cmnty Bk
—
—
Michael L Culver
—
Deed Of Trust
related
$259,914 · Florida Community Bank
—
—
Michael L Culver
—
Deed Of Trust
related
$345,121 · Florida Community Bank
—
—
Oma Real Estate Investors LLC
—
Loan Modification
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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