New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,765,000
Flex space
3744 Ironbridge Blvd, Fort Myers, FL 33916-6508
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-5480785
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2007
Construction
STEEL FRAME
Total area
9,720 SF
Lot
0.85 ac (37,125 SF)
Zoning code
IH
APN
30-44-25-P3-00600.0300
UPID
US18-5480785
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
$1.98M
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$1.77M
Owner & transaction history
Wayne Moomjian · 3 yrs held
Wayne Moomjian
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
IH · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.7M
+40.6%
Medical building
$2.6M
+36.5%
Retail stores
$2.5M
+33.7%
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 Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers 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
$1,945,000
ML approach
$1,980,000
CAP Approach
CAP Return
Estimation
6%
$1,480,000
6.5%
$1,365,000
7%
$1,270,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,895,000
Current use
OFFICE BUILDING
$2,660,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$2,585,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$2,530,000
Change: +34% · Conversion: Moderate
Blend value · Realmo final
$1.77M
Range $1.59M – $1.94M · ±10% · vs last sale $1.75M (May 24 2023)
Last sale anchor
$1.75M
May 24 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
$182 / 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
$8,720
Tax year 2023
Assessed value
$842,849
Assessed 2023
Previous assessed
$842,849
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$179,271
Assessed improvement
$663,578
Land market value
$179,271
Improvement market value
$663,578
Total market value
$842,849
Applied tax rate
90.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
2
Total area
9,720 SF
Lot
0.85 ac (37,125 SF)
Zoning code
IH
APN
30-44-25-P3-00600.0300
UPID
US18-5480785
Jurisdiction
LEE
Zoning & alternative use
IH · Fort Myers, FL
Zoning IH · permitted uses
IH · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.9M
OFFICE BUILDING
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.6M
RETAIL STORES
Est. value
$2.5M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
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
2007
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.85 ac
Current owner
From public records · entity-resolved
Wayne Moomjian
Individual
Free & Clear · 3 yrs held
Mailing address
6012 EAGLE WATCH CT, NORTH FORT MYERS, FL 33917-3126
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2023
—
Wayne Moomjian
—
Deed
related
$1,000,000 · First Citizens Bank & Trust Co
May 24, 2023
$1,750,000
Wayne Moomjian
K P Properties Of Florida LLC
Warranty Deed
—
Dec 2, 2016
$1,150,000
K P Properties Of Florida LLC
3756 Ironbridge Partners LLC
Grant Deed
—
Oct 4, 2013
$315,000
3756 Ironbridge Partners LLC
Bayview Ln Svcg LLC
Grant Deed
—
Mar 13, 2013
$335,000
Bayview Ln Svcg LLC
Falanga,michael Coc
Trustees Deed
—
Aug 31, 2007
$1,174,000
Michael Falanga
Michael A Palomba
Warranty Deed
$1,056,600 · Lehman Brothers Bank Fsb
Mar 28, 2006
$388,800
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
4331 Veronica Partners LLC
—
Deed Of Trust
related
$300,000 · First Fl Integrity Bk
—
—
4331 Veronica Partners LLC
—
Deed Of Trust
related
$7,715,000 · First Fl Integrity Bk
—
—
4331 Veronica Partners LLC
—
Loan Modification
related
$500,000 · First Fl Integrity Bk
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 3744 Ironbridge Blvd?
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.
