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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Strip malls
4515 Palm Bch Blvd Fort Myers, FL 33905-3459
Entity Owned
~
Est. High Equity
Property ID
US18-3317815
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,208 SF
Lot
0.42 ac (18,110 SF)
Zoning code
C-1
APN
04-44-25-21-0000B.0330
UPID
US18-3317815
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
-
Perky Pets Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
$1.27M
Comparable Approach
Comparable
$757k
Blend (final)
Blend
$910k
Owner & transaction history
4515 Palm Beach Blvd LLC
4515 Palm Beach Blvd LLC
since 2026
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
C-1 · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+15.8%
Medical building
$1.4M
+12.4%
Retail stores
$1.4M
+10.1%
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 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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
$1,380,000
6.5%
$1,270,000
7%
$1,180,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,230,000
Current use
OFFICE BUILDING
$1,425,000
Change: +16% · Conversion: Moderate
MEDICAL BUILDING
$1,385,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$1,355,000
Change: +10% · Conversion: Easy
WAREHOUSE, STORAGE
$1,290,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $900k (May 25 2023)
Last sale anchor
$900k
May 25 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
$175 / 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
$5,672
Tax year 2023
Assessed value
$413,081
Assessed 2023
Previous assessed
$359,009
+15.1% YoY
Effective rate
1.37%
On assessed value
Assessed land
$127,420
Assessed improvement
$285,661
Land market value
$127,420
Improvement market value
$285,661
Total market value
$413,081
Applied tax rate
230.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
5,208 SF
Lot
0.42 ac (18,110 SF)
Zoning code
C-1
APN
04-44-25-21-0000B.0330
UPID
US18-3317815
Jurisdiction
LEE
Zoning & alternative use
C-1 · Fort Myers, FL
Zoning C-1 · permitted uses
C-1 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
4515 Palm Beach Blvd LLC
Entity
Mailing address
15611 OLD WEDGEWOOD CT, FORT MYERS, FL 33908-7210
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2026
$100
4515 Palm Beach Blvd LLC
S & O Ranch LLC
Quitclaim Deed
$650,000
Jun 18, 2025
—
S & O Ranch LLC
4515 Palm Beach Blvd Land Trust
Quitclaim Deed
related
$2,500,000 · Servisfirst Bank
Feb 18, 2025
—
Abdalrahim M Ahmadi
Sana Abuoqab
Deed
related
—
May 25, 2023
$900,000
Sana Abuoqab
John T Wilson
Warranty Deed
—
Jul 24, 2014
$80,000
John T Wilson
Wilson,rose M & John T
Warranty Deed
related
$80,000 · Rose M Wilson
Jul 30, 2010
—
Rose M Wilson
Wilson,thomas R & John T
Quit Claim Deed
related
—
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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