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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Car washes
4410 Executive Cir, Fort Myers, FL 33916-8003
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-2654722
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,790 SF
Lot
0.98 ac (42,749 SF)
Zoning code
IL
APN
31-44-25-P3-00600.0050
UPID
US18-2654722
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
-
Rocket Shine Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.71M
Owner & transaction history
Colonial66 LLC · 1 yrs held
Colonial66 LLC
since 2024
7 recorded transactions
Zoning & alternative use
IL · 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
$1,700,000
ML approach
$1,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,040,000
Current use
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±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
$611 / 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
$20,660
Tax year 2023
Assessed value
$1,095,285
Assessed 2023
Previous assessed
$1,082,976
+1.1% YoY
Effective rate
1.89%
On assessed value
Assessed land
$832,744
Assessed improvement
$262,541
Land market value
$832,744
Improvement market value
$262,541
Total market value
$1,095,285
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
2,790 SF
Lot
0.98 ac (42,749 SF)
Zoning code
IL
APN
31-44-25-P3-00600.0050
UPID
US18-2654722
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
AUTO REPAIR, GARAGE Current
Est. value
$2.0M
AUTO REPAIR, GARAGE Current
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Colonial66 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1126 CASTLETOWN CT, SEWICKLEY, PA 15143-8798
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
—
Colonial66 LLC
Briarpatch III LLC
Warranty Deed
—
Apr 22, 2022
$1,600,000
Sun & Suds Car Wash LLC
Cardome II LLC
Special Warranty Deed
—
May 11, 2015
$1,360,000
Cardome II LLC
Ybr Properties INC
Grant Deed
$1,300,000 · Cnlbank
Sep 1, 2006
$1,565,000
Ybr Properties INC
Colonial Car Wash LLC
Grant Deed
$1,022,500 · Community South Bank
Dec 19, 2005
—
Colonial Car Wash LLC
—
Trustees Deed
related
$439,500 · Gold Bank NA
Nov 23, 2004
$466,500
Colonial Car Wash LLC
Kfi LLC
Grant Deed
$1,100,000 · Gold Bank NA
Apr 7, 2004
$74,500
Idelson Ventures I Lc
Kfi LLC
Grant Deed
—
Mar 2, 2004
$388,800
Rib City Properties LLC
Kfi LLC
Grant Deed
$300,000 · Southtrust Bank NA
—
—
Colonial Car Wash LLC
—
Deed Of Trust
related
$508,499 · Gold Bank NA
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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