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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Strip malls
3805 Palm Bch Blvd 3827 Fort Myers, FL 33916-3727
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-3540986
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,640 SF
Lot
1.57 ac (68,346 SF)
Zoning code
C1 C1 C1
APN
08-44-25-P1-0150A.0000
UPID
US18-3540986
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
-
K&G Food Truck Burrito y mas Food And Beverage Consultant
-
Andy’s mini market & Grocery Grocery & Convenience Store
-
Tax Latino Corporation Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$875k
Owner & transaction history
Sunshine Park Investments LLC · 7 yrs held
Sunshine Park Investments LLC
since 2018
5 recorded transactions
Zoning & alternative use
C1 C1 C1 · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$875k
Range $788k – $963k · ±10%
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
$115 / 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
$17,438
Tax year 2023
Assessed value
$810,332
Assessed 2023
Previous assessed
$698,001
+16.1% YoY
Effective rate
2.15%
On assessed value
Assessed land
$231,776
Assessed improvement
$578,556
Land market value
$231,776
Improvement market value
$578,556
Total market value
$810,332
Applied tax rate
89.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
7,640 SF
Lot
1.57 ac (68,346 SF)
Zoning code
C1 C1 C1
APN
08-44-25-P1-0150A.0000
UPID
US18-3540986
Jurisdiction
LEE
Zoning & alternative use
C1 C1 C1 · Fort Myers, FL
Zoning C1 C1 C1 · permitted uses
C1 C1 C1 · 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.
Building & site characteristics
From public records
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.57 ac
Current owner
From public records · entity-resolved
Sunshine Park Investments LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 9269, FORT MYERS, FL 33902-9269
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2018
—
Sunshine Park Investments LLC
Academy Investment Corp INC
Grant Deed
—
Jun 26, 2018
$760,000
Sunshine Park Investments LLC
Academy Investment Corp INC
Warranty Deed
$623,000 · Academy Investment Corp INC
Jan 20, 2010
—
Academy Investment Corp
Bass,conrad
Warranty Deed
—
Dec 7, 2009
—
Conrad Bass
Celca Family Investmen Coc
Trustees Deed
related
—
Jul 15, 2005
$900,000
Celca Family Investments LLC
Academy Investment Corp INC
Warranty Deed
$800,000 · Conrad Baas
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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