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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Strip malls
4518 Del Prado S Blvd Cape Coral, FL 33904-7461
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-4448635
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,600 SF
Lot
0.45 ac (19,800 SF)
Zoning code
SC
APN
07-45-24-C3-00395.0430
UPID
US18-4448635
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
-
Agrusti Insurance Insurance Agency
-
Masala Mantra - The Indian Bistro Restaurant
-
Scarlet Lily massage Alternative Medicine Practice Spa & Massage Center
-
Tropical Shells Title LLC Title Company
-
Cape Cuts Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
$880k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.06M
Owner & transaction history
Halsey Land Holdings LLC · 5 yrs held
Halsey Land Holdings LLC
since 2021
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
SC · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+8.8%
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 Cape Coral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape Coral 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
$1,190,000
ML approach
$1,125,000
CAP Approach
CAP Return
Estimation
6%
$955,000
6.5%
$880,000
7%
$815,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,320,000
Current use
COMMERCIAL (GENERAL)
$1,435,000
Change: +9% · Conversion: Easy
MEDICAL BUILDING
$1,105,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $1.05M (Jun 7 2021)
Last sale anchor
$1.05M
Jun 7 2021
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
$294 / 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
$13,058
Tax year 2023
Assessed value
$753,222
Assessed 2023
Previous assessed
$646,033
+16.6% YoY
Effective rate
1.73%
On assessed value
Assessed land
$183,823
Assessed improvement
$569,399
Land market value
$183,823
Improvement market value
$569,399
Total market value
$753,222
Applied tax rate
56.0000
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
3,600 SF
Lot
0.45 ac (19,800 SF)
Zoning code
SC
APN
07-45-24-C3-00395.0430
UPID
US18-4448635
Jurisdiction
LEE
Zoning & alternative use
SC · Cape Coral, FL
Zoning SC · permitted uses
SC · Cape Coral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cape Coral. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Halsey Land Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
12551 CLEYDAEL BLVD, KING GEORGE, VA 22485-5456
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2021
$1,050,000
Halsey Land Holdings LLC
Hans W Lohr Family LLC
Warranty Deed
—
Apr 27, 2016
$360,000
Hans W Lohr Family LLC
Wadolowska,beata
Warranty Deed
—
Mar 1, 2013
$6,000
Baeta Wadolowska
Sheriff Of Lee County
Trustees Deed
related
—
Feb 6, 2013
$6,000
Baeta Wadolowska
Sheriff Of Lee County
Trustees Deed
related
—
Feb 4, 2002
$374,000
Richard Manner
Sts Us INC
Grant Deed
$175,000 · Fran Huck
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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