Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,265,000
Retail space
3123 Chiquita Blvd S Ste A Cape Coral, FL 33914-4269
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-4963603
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,004 SF
Lot
1.78 ac (77,406 SF)
Zoning code
C-1W
APN
34-44-23-C4-03230.0010
UPID
US18-4963603
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
-
Lelulo's Pizza Life Restaurant
-
Dollar General Discount Store
-
FedEx OnSite Postal Service Courier Service
-
Western Union Bank Credit Union
-
Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.27M
CAP Approach
CAP
$2.79M
Comparable Approach
Comparable
$3.05M
Blend (final)
Blend
$2.27M
Owner & transaction history
Kohli Dgcc LLC · 5 yrs held
Kohli Dgcc LLC
since 2021
Last sale
$2.2M
6 recorded transactions
Zoning & alternative use
C-1W · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.7M
+0.9%
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
$2,460,000
ML approach
$2,265,000
CAP Approach
CAP Return
Estimation
6%
$3,015,000
6.5%
$2,785,000
7%
$2,585,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,655,000
Current use
MEDICAL BUILDING
$3,685,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$2.27M
Range $2.04M – $2.49M · ±10% · vs last sale $2.17M (Feb 17 2021)
Last sale anchor
$2.17M
Feb 17 2021
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
$189 / 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
$43,160
Tax year 2023
Assessed value
$2,031,335
Assessed 2023
Previous assessed
$1,749,346
+16.1% YoY
Effective rate
2.12%
On assessed value
Assessed land
$566,417
Assessed improvement
$1,464,918
Land market value
$566,417
Improvement market value
$1,464,918
Total market value
$2,031,335
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
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
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
12,004 SF
Lot
1.78 ac (77,406 SF)
Zoning code
C-1W
APN
34-44-23-C4-03230.0010
UPID
US18-4963603
Jurisdiction
LEE
Zoning & alternative use
C-1W · Cape Coral, FL
Zoning C-1W · permitted uses
C-1W · 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
RETAIL STORES Current
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$3.7M
RETAIL STORES Current
MEDICAL 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
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Kohli Dgcc LLC
Entity
Mailing address
9623 MACCHIATO AVE, BOCA RATON, FL 33496-3814
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2021
$2,166,000
Kohli Dgcc LLC
Robert Ridino
Special Warranty Deed
$1,732,800 · Tropical Financial Cu
Sep 29, 2017
$1,200,000
Robert Ridino
Eugene A Millburn
Special Warranty Deed
—
Sep 13, 2012
$2,000,000
Jack Baskin
Gleason I LLC
Special Warranty Deed
$1,400,000 · Stanford FCU
Mar 11, 2011
$86,000
Cape Seven Ltd
Otob LLC
Warranty Deed
—
Nov 1, 2010
$357,600
Otob LLC
Gleason I LLC
Warranty Deed
$788,758 · Centennial Bank
Feb 2, 2006
—
Gleason I LLC
Gleason I LLC
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3123 Chiquita Blvd S Ste A?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.