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Property profile & analytics
OFF-MARKET
Estimated value
$8,025,000
Warehouses
4340 Kernel Cir Fort Myers, FL 33916-9401
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0179014
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2022
Construction
CONCRETE
Total area
67,934 SF
Lot
1.53 ac (66,603 SF)
Zoning code
C1
APN
31-44-25-P4-00100.0090
UPID
US19-0179014
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
-
U-Haul Moving & Storage at Colonial Blvd Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.03M
CAP Approach
CAP
$11.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.03M
Owner & transaction history
Mercury Storage 5 LLC · 2 yrs held
Mercury Storage 5 LLC
since 2024
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
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
$8,025,000
ML approach
$8,025,000
CAP Approach
CAP Return
Estimation
6%
$11,940,000
6.5%
$11,020,000
7%
$10,235,000
Blend value · Realmo final
$8.03M
Range $7.22M – $8.83M · ±10% · vs last sale $8.03M (Mar 11 2024)
Last sale anchor
$8.03M
Mar 11 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
$118 / 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
$136,588
Tax year 2023
Assessed value
$8,089,422
Assessed 2023
Previous assessed
$8,089,422
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$871,781
Assessed improvement
$7,217,641
Land market value
$871,781
Improvement market value
$7,217,641
Total market value
$8,089,422
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2022
Construction
CONCRETE
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
4
Total area
67,934 SF
Lot
1.53 ac (66,603 SF)
Zoning code
C1
APN
31-44-25-P4-00100.0090
UPID
US19-0179014
Jurisdiction
LEE
Zoning & alternative use
C1 · Fort Myers, FL
Zoning C1 · permitted uses
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
2022
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
4
Lot
1.53 ac
Current owner
From public records · entity-resolved
Mercury Storage 5 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
207 E CLARENDON AVE, PHOENIX, AZ 85012-2072
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2024
$8,025,100
Mercury Storage 5 LLC
U Haul Co Of Florida
Warranty Deed
—
Sep 13, 2019
$795,000
U-haul Co Of Florida
Florida Warehouse Evelopers Ll
Warranty Deed
—
Nov 21, 2017
$240,000
Florida Warehouse Developers L
Daniel Miller
Warranty Deed
$240,000 · A P R/e Invtrs Group INC
Jan 4, 2017
$178,600
Daniel Miller
Preferred Cmnty Bk
Grant Deed
—
Apr 27, 2009
$100
Preferred Community Bank
Kernel Plaza LLC Coc
Trustees Deed
related
—
Jun 29, 2007
$454,500
Kernel Plaza LLC
Samir Cabrera Kernel Circle
Warranty Deed
$451,500 · Preferred Community Bank
Jul 8, 2005
$467,500
Samir Cabrera Kernel Circle
Potucek,frank R & Kathy
Warranty Deed
$327,000 · Alexander M Eaton
Dec 28, 2004
$263,800
Frank R Potucek
Ridley,wade C
Warranty Deed
$197,800 · Riverside Bank Gulf Coast
Nov 16, 2004
$275,000
C Foust Properties LLC
Ridley,wade C
Warranty Deed
—
—
—
Samir Cabrera Kernel Circle
—
Deed Of Trust
related
$327,000 · Frank D'alessandro Equity Fund
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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