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Property profile & analytics
OFF-MARKET
Estimated value
$2,205,000
Retail space
4151 Hancock Brg Pkwy North Fort Myers, FL 33903-4292
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-0336852
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
53,488 SF
Lot
8.36 ac (364,162 SF)
Zoning code
C-1A
APN
09-44-24-26-00000.0010
UPID
US18-0336852
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.97M
Blend (final)
Blend
$2.21M
Owner & transaction history
Prime Storage 4151 Fort Myers LLC · 1 yrs held
Prime Storage 4151 Fort Myers LLC
since 2024
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
C-1A · North 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 North Fort Myers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$2.21M
Range $1.98M – $2.43M · ±10% · vs last sale $2.50M (May 27 2024)
Last sale anchor
$2.50M
May 27 2024
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
$41 / 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
$61,386
Tax year 2023
Assessed value
$4,175,628
Assessed 2023
Previous assessed
$3,632,944
+14.9% YoY
Effective rate
1.47%
On assessed value
Assessed land
$1,239,753
Assessed improvement
$2,935,875
Land market value
$1,239,753
Improvement market value
$2,935,875
Total market value
$4,175,628
Applied tax rate
37.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
53,488 SF
Lot
8.36 ac (364,162 SF)
Zoning code
C-1A
APN
09-44-24-26-00000.0010
UPID
US18-0336852
Jurisdiction
LEE
Zoning & alternative use
C-1A · North Fort Myers, FLZoning C-1A · permitted uses
C-1A · North Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
8.36 ac
Current owner
From public records · entity-resolved
Prime Storage 4151 Fort Myers LLC
Entity
Mailing address
2 N TAMIAMI TRL STE #104, SARASOTA, FL 34236-5562
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2024
$2,500,000
Prime Storage 4151 Fort Myers LLC
Bh Storage Hancock LLC
Special Warranty Deed
$750,000,000 · Citibank NA
Mar 11, 2019
$3,650,000
Bh Storage Hancock LLC
Capstor Hancock & Orange LLC
Grant Deed
—
Oct 19, 2018
$2,800,000
Capstor Hancock & Orange LLC
Grace United Methodist Ch Of C
Grant Deed
—
Jan 16, 2007
$5,200,000
Grace United Methodist Church Of Ca
Sunburst Properties Corp
Warranty Deed
$5,200,000 · Colonial Bank NA
Oct 30, 1998
$200,000
Smac INC
Bomac Ltd
Grant Deed
—
Jan 29, 1998
$5,190,000
700 Roscoe Corp
Bomac Ltd
Grant Deed
—
May 27, 1997
$1,079,900
Bomac Ltd
Steeler INC
Grant Deed
—
—
—
Grace United Methoidst Ch Of Cape
—
Deed Of Trust
related
$6,100,000 · Private Lender
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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