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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4425 28Th St Lehigh Acres, FL 33973

    • Small apartment buildings
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4704132
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Small apartment buildings

    Property Details for 4425 28Th St

    Year built
    2024
    Property type
    Small apartment buildings

    Description

    This stunning new construction duplex in Lehigh Acres, Florida, presents a remarkable investment opportunity. Built in 2024, this single-story property boasts two units, each featuring three bedrooms and two bathrooms. The spacious layout of each unit is enhanced by modern amenities including stainless steel appliances, energy-efficient LED lighting, and impact-resistant windows for added security and peace of mind. A comprehensive security camera system and sprinkler system further contribute to the property's value and ease of maintenance. The sophisticated design incorporates a light color theme and elegant golden lighting fixtures, creating a welcoming and attractive living space for tenants. Each unit also includes a one-car garage, providing ample parking. Located at 4425 - 4427 28th Street SW, Lehigh Acres, FL 33973 (Lee County), this property is priced at $565,000 and offers significant income potential for the discerning investor. The motivated seller makes this an exceptional opportunity to acquire a high-quality, newly constructed multifamily property in a desirable location. Don't miss out on this chance to add a valuable asset to your portfolio.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lehigh Acres
    County
    Lee
    State
    Florida
    Longitude
    -81.7162406
    Latitude
    26.5868628

    Comparable in this City

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      Well-Maintained Duplex in Lehigh Acres

      Turnkey duplex with steady rental income and modern updates.
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    • New
      $539,999
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      New Lehigh Acres Duplex

      New 6-bedroom, 4-bathroom duplex in Lehigh Acres, Florida.
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    • $499,999
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      New Duplex on Double Lot

      New construction duplex on a double lot with high rental income.
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    • $58,900
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      Lehigh Acres Multifamily Development Land

      Multifamily zoned land in Lehigh Acres, utilities available.
      729/731 Gordon Ave S, Lehigh Acres, FL 33973
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    • $89,900
      0.30 Acres

      Lehigh Acres Duplex Lot

      Duplex lot near shopping, dining, and schools in Lehigh Acres.
      5149/5151 28Th St SW, Lehigh Acres, FL 33973
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    • $538,999
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      New Duplex in Lehigh Acres

      New 2025 duplex with luxury finishes, ideal for investors.
      4540-4542 26Th St SW, Lehigh Acres, FL 33973
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    Similar Nearby for Sale

    • $325,000
      Pending

      Well-Maintained Duplex in Lehigh Acres

      Turnkey duplex with steady rental income and modern updates.
      733/735 Gilbert Ave S, Lehigh Acres, FL 33973
      View Details
    • New
      $539,999
      0.29 Acres

      New Lehigh Acres Duplex

      New 6-bedroom, 4-bathroom duplex in Lehigh Acres, Florida.
      4709/4711 21St St SW, Lehigh Acres, FL 33973
      View Details
    • $499,999
      Pending

      New Duplex on Double Lot

      New construction duplex on a double lot with high rental income.
      5214/5216 24Th St SW, Lehigh Acres, FL 33973
      View Details
    • $58,900
      0.30 Acres

      Lehigh Acres Multifamily Development Land

      Multifamily zoned land in Lehigh Acres, utilities available.
      729/731 Gordon Ave S, Lehigh Acres, FL 33973
      View Details
    • $89,900
      0.30 Acres

      Lehigh Acres Duplex Lot

      Duplex lot near shopping, dining, and schools in Lehigh Acres.
      5149/5151 28Th St SW, Lehigh Acres, FL 33973
      View Details
    • $538,999
      0.28 Acres

      New Duplex in Lehigh Acres

      New 2025 duplex with luxury finishes, ideal for investors.
      4540-4542 26Th St SW, Lehigh Acres, FL 33973
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo

      New Three-Bedroom Residence For Lease

      Brand-new three-bedroom residence with modern living and high-quality finishes.
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    • $2,200 /Mo

      New Three-Bedroom Residence For Lease

      Brand-new three-bedroom residence with modern living and high-quality finishes.
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    • $1,900 /Mo

      Lehigh Acres Duplex For Rent

      Duplex with 2 bedrooms, den, and attached garage.
      2702 Robin Ave, Lehigh Acres, FL 33973
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    • $1,900 /Mo

      Spacious Three-Bedroom Apartment Available

      Move-in ready apartment featuring modern amenities and ample space.
      2422 S Vernon Ave, Lehigh Acres, FL 33973
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    • $1,900 /Mo

      New Construction Duplex in Lehigh

      New 3 bed, 2 bath duplex for rent.
      4876 30Th St SW 4876, Lehigh Acres, FL 33973
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    • $1,900 /Mo

      New Lehigh Acres Duplex

      New construction duplex with modern amenities, conveniently located in Lehigh.
      4878 30 Th 4878, Lehigh Acres, FL 33973
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    Lehigh Acres, FL 33973
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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