Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Office buildings
4503 Lee Blvd Lehigh Acres, FL 33971-1628
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-1499411
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,166 SF
Lot
0.5 ac (21,786 SF)
Zoning code
RS-1 RS-1 RS-1 RS-1
APN
28-44-26-06-00056.0040
UPID
US18-1499411
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
-
Los Asados Nica Restaurant
-
M&M Builders Of SWFL Inc Construction Company General Contractor
-
Casa Cabana food truck Restaurant
-
JEMA Tax & Service Inc. Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$610k
Comparable Approach
Comparable
$599k
Blend (final)
Blend
$525k
Owner & transaction history
Marco A Rosales · 3 yrs held
Marco A Rosales
since 2023
Last sale
$43,000
7 recorded transactions
Zoning & alternative use
RS-1 RS-1 RS-1 RS-1 · Lehigh Acres, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$740,000
+44.7%
Medical building
$620,000
+21.1%
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 Lehigh Acres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lehigh Acres 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%
$660,000
6.5%
$610,000
7%
$565,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$510,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$740,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$620,000
Change: +21% · Conversion: Easy
RETAIL STORES
$500,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $43k (Feb 15 2023)
Last sale anchor
$43k
Feb 15 2023
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
$242 / 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
$6,103
Tax year 2023
Assessed value
$507,508
Assessed 2023
Previous assessed
$313,644
+61.8% YoY
Effective rate
1.20%
On assessed value
Assessed land
$228,780
Assessed improvement
$278,728
Land market value
$228,780
Improvement market value
$278,728
Total market value
$507,508
Applied tax rate
48.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,166 SF
Lot
0.5 ac (21,786 SF)
Zoning code
RS-1 RS-1 RS-1 RS-1
APN
28-44-26-06-00056.0040
UPID
US18-1499411
Jurisdiction
LEE
Zoning & alternative use
RS-1 RS-1 RS-1 RS-1 · Lehigh Acres, FL
Zoning RS-1 RS-1 RS-1 RS-1 · permitted uses
RS-1 RS-1 RS-1 RS-1 · Lehigh Acres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lehigh Acres. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$510,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$740,000
MEDICAL BUILDING
Est. value
$620,000
RETAIL STORES
Est. value
$500,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Marco A Rosales
Individual
Free & Clear · 3 yrs held
Mailing address
4503 LEE BLVD, LEHIGH ACRES, FL 33971-1628
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Feb 15, 2023
$43,000
Marco A Rosales
Michael J Hammack
Warranty Deed
—
May 27, 2021
—
Mart Properties Of Swfl LLC
Jessenia Noribeth Reyes
Quit Claim Deed
related
$227,500 · First Bank
Nov 27, 2013
$200,000
Marco A R Trejo
Us Homes Corp
Grant Deed
$117,000 · Pr Lending LLC
Oct 17, 2012
—
Us Hm Corp
Nicholson LP
Quit Claim Deed
related
—
Nov 3, 2004
$575,000
Us Home Corp
Nicholson USA Properties INC
Warranty Deed
—
Oct 2, 2003
$165,000
LP Nicholson
Kaser,william E & Judith A
Grant Deed
—
Mar 14, 2000
$116,000
William E Kaser
First Home Builders Florida
Grant Deed
$115,031 · National City Mortgage Co
—
—
William E Kaser
—
Deed Of Trust
related
$112,514 · James B Nutter & Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4503 Lee Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.