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Property profile & analytics
OFF-MARKET
Estimated value
$2,140,000
Grocery and convenience stores
314 Del Prado N Blvd Cape Coral, FL 33909-2274
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3083729
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,981 SF
Lot
2.06 ac (89,732 SF)
Zoning code
C-1
APN
07-44-24-C3-01498.0190
UPID
US18-3083729
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
-
Chevron Grocery & Convenience Store
-
Food Mart Grocery & Convenience Store
-
CoinFlip Bitcoin ATM Bank Business Banking Service
-
Taco Del Mar Restaurant
-
Quiznos Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$2.14M
Owner & transaction history
Sunshine Gasoline Distributors · 5 yrs held
Sunshine Gasoline Distributors
since 2020
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
C-1 · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.5M
+92.5%
Commercial (general)
$2.0M
+8.8%
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 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
$2,975,000
ML approach
$2,825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,825,000
Current use
AUTO REPAIR, GARAGE
$3,510,000
Change: +92% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,985,000
Change: +9% · Conversion: Easy
MEDICAL BUILDING
$1,530,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$1,515,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.14M
Range $1.93M – $2.35M · ±10% · vs last sale $2.05M (Jul 28 2020)
Last sale anchor
$2.05M
Jul 28 2020
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
$430 / 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
$54,932
Tax year 2023
Assessed value
$3,682,570
Assessed 2023
Previous assessed
$3,212,050
+14.6% YoY
Effective rate
1.49%
On assessed value
Assessed land
$2,289,593
Assessed improvement
$1,392,977
Land market value
$2,289,593
Improvement market value
$1,392,977
Total market value
$3,682,570
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
4,981 SF
Lot
2.06 ac (89,732 SF)
Zoning code
C-1
APN
07-44-24-C3-01498.0190
UPID
US18-3083729
Jurisdiction
LEE
Zoning & alternative use
C-1 · Cape Coral, FL
Zoning C-1 · permitted uses
C-1 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.06 ac
Current owner
From public records · entity-resolved
Sunshine Gasoline Distributors
Individual
Mailing address
1650 NW 87TH AVE, DORAL, FL 33172-2614
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Aug 17, 2020
—
Sunshine Gasoline Distributors
Racetrac Petroleum INC
Correction Deed
related
—
Jul 28, 2020
$2,050,000
Sunshine Gasoline Distributors
Racetrac Petroleum INC
Grant Deed
—
May 12, 2011
—
Racetrac Petroleum INC
—
Deed Of Trust
related
$25,000,000 · Florida Community Bank
Aug 12, 2009
—
Lee County
Racetrac Petroleum INC
Grant Deed
related
—
Nov 13, 2008
$1,500,000
Racetrac Petroleum INC
Canzano,michael P & Patricia S
Warranty Deed
—
Apr 14, 2008
—
Christopher J Canzano
—
Trustees Deed
related
$1,215,000 · Fifth Third Bank
Mar 28, 2008
—
Christopher J Canzano
Canzano,christopher J & Christine M
Quit Claim Deed
related
—
Aug 31, 2005
$1,757,800
Canzano,michael P
Hkw Associates LLP
Trustees Deed
$1,215,000 · Fifth Third Bank
Jul 16, 2004
$102,600
Hkw Associates LLP
Campbell,sean
Warranty Deed
—
Jul 16, 2004
$861,900
Hkw Associates LLP
Nanni,mario
Warranty Deed
$873,000 · Florida Gulf 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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