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Property profile & analytics
FOR LEASE
Flex space
3769 Ironbridge Blvd, Fort Myers, FL 33916
Entity Owned
~
Est. High Equity
Property ID
US19-0834771
For Lease
1 / 7
$1,560,000
3769 Ironbridge Blvd, Fort Myers, FL 33916
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2019
Construction
STEEL FRAME
Total area
9,800 SF
Lot
2.05 ac (89,203 SF)
Zoning code
IL
APN
30-44-25-P3-00600.0070
UPID
US19-0834771
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
-
Valentine Glass & Metal Fabrication (VGM) Metal Fabrication Plant Factory
-
Eco Tree Services Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.93M
CAP Approach
CAP
$1.38M
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.56M
Owner & transaction history
Ironbridge Boulevard Partners LLC
Ironbridge Boulevard Partners LLC
since 2025
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
IL · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.6M
+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
$2,030,000
ML approach
$1,925,000
CAP Approach
CAP Return
Estimation
6%
$1,490,000
6.5%
$1,375,000
7%
$1,280,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,910,000
Current use
RETAIL STORES
$2,550,000
Change: +34% · Conversion: Moderate
Blend value · Realmo final
$1.56M
Range $1.40M – $1.72M · ±10% · vs last sale $1.50M (Feb 4 2020)
Last sale anchor
$1.50M
Feb 4 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
$159 / 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
$23,148
Tax year 2023
Assessed value
$1,370,957
Assessed 2023
Previous assessed
$1,281,498
+7.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$260,800
Assessed improvement
$1,110,157
Land market value
$260,800
Improvement market value
$1,110,157
Total market value
$1,370,957
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
For Lease
Year built
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
4
Total area
9,800 SF
Lot
2.05 ac (89,203 SF)
Zoning code
IL
APN
30-44-25-P3-00600.0070
UPID
US19-0834771
Jurisdiction
LEE
Zoning & alternative use
IL · Fort Myers, FL
Zoning IL · permitted uses
IL · 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
RETAIL STORES
Est. value
$2.6M
INDUSTRIAL (GENERAL) Current
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
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
4
Lot
2.05 ac
Current owner
From public records · entity-resolved
Ironbridge Boulevard Partners LLC
Entity
Mailing address
980 E GULF DR, SANIBEL, FL 33957-6921
Ownership since
2025
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 6, 2026
—
Ironbridge Boulevard Partners LLC
—
Deed
related
$150,000,000 · Bo Orent Greenwich Lender LLC
Sep 24, 2025
$3,950,000
Ironbridge Boulevard Partners LLC
Central Line Properties LLC
Special Warranty Deed
—
Nov 18, 2021
—
Central Line Properties LLC
—
Deed
related
$1,500,000 · Midflorida Cu
Feb 4, 2020
$1,500,000
Central Line Properties LLC
Out There Holdings LLC
Special Warranty Deed
$1,500,000 · Sanibel Captiva Community Bank
Apr 24, 2018
—
Out There Holdings LLC
—
Deed
related
$1,211,342 · First Citizens Bank & Trust Co
Jul 24, 2007
$1,186,900
Commerce Lake Partners LLC
Lyndon Investments USA INC
Warranty 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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