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Property profile & analytics
OFF-MARKET
Estimated value
$220,000
Office buildings
3405 15th Pl Cape Coral, FL 33904-7251
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US19-0541097
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
977 SF
Lot
0.23 ac (10,000 SF)
Zoning code
C-1
APN
06-45-24-C2-00508.0720
UPID
US19-0541097
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
-
Hickcox Brothers Marine Office & Showroom Construction Company General Contractor
-
Hickcox Brothers Marine Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$220k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$220k
Owner & transaction history
Ms Maritime Ventures LLC · 2 yrs held
Ms Maritime Ventures LLC
since 2023
Last sale
$190,000
7 recorded transactions
Zoning & alternative use
C-1 · Cape Coral, FL
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
$220,000
ML approach
$220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$220k
Range $198k – $242k · ±10% · vs last sale $190k (Oct 25 2023)
Last sale anchor
$190k
Oct 25 2023
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
$225 / 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
$4,022
Tax year 2023
Assessed value
$250,090
Assessed 2023
Previous assessed
$176,394
+41.8% YoY
Effective rate
1.61%
On assessed value
Assessed land
$44,204
Assessed improvement
$205,886
Land market value
$44,204
Improvement market value
$205,886
Total market value
$250,090
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
977 SF
Lot
0.23 ac (10,000 SF)
Zoning code
C-1
APN
06-45-24-C2-00508.0720
UPID
US19-0541097
Jurisdiction
LEE
Zoning & alternative use
C-1 · Cape Coral, FLZoning 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
Source
code of ordinances
Building & site characteristics
From public records
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Ms Maritime Ventures LLC
Entity
Mailing address
920 SE 8TH PL, CAPE CORAL, FL 33990-1228
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2023
—
Ms Maritime Ventures LLC
Hickcox Brothers 20th Marine INC
Quit Claim Deed
related
—
Jan 19, 2021
$190,000
Hickcox Brothers Marine INC
Plaza LLC
Warranty Deed
$152,000 · Synovus Bank
Oct 15, 2009
$165,000
360 Plaza LLC
Tkt LLC
Warranty Deed
—
Aug 6, 2007
—
Tkt LLC
Ronald E Walsh II
Quit Claim Deed
related
$470,000 · Wachovia Bank NA
Aug 3, 2005
$650,000
Ronald E Walsh II
Hinks,donald E
Warranty Deed
—
Aug 7, 2003
$40,000
Donald E Hinks
Jenson,tr
Grant Deed
—
—
—
Ronald E Walsh II
—
Deed Of Trust
related
$325,000 · Donald L Hinks
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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