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Property profile & analytics
OFF-MARKET
Estimated value
$2,830,000
Strip malls
4720 15th Ave Cape Coral, FL 33904-9654
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-2716910
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,882 SF
Lot
0.48 ac (20,875 SF)
Zoning code
SC
APN
07-45-24-C3-00064.0540
UPID
US18-2716910
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
-
DigiFox Studios Recording Studio
-
Master Barber Shop
-
A1 Fingerprinting & Drug Screening Cape Coral Blood Testing Service Drug Testing Service
-
OCRPD Training Center
-
American Revival Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.10M
Blend (final)
Blend
$2.83M
Owner & transaction history
Tjm 4720 Se 15th Ave LLC · 4 yrs held
Tjm 4720 Se 15th Ave LLC
since 2021
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
SC · Cape Coral, 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 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
$2,950,000
ML approach
$2,885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.83M
Range $2.55M – $3.11M · ±10% · vs last sale $2.60M (Dec 29 2021)
Last sale anchor
$2.60M
Dec 29 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
$158 / 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
$3,297
Tax year 2023
Assessed value
$208,760
Assessed 2023
Previous assessed
$2,311,573
-91.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$208,750
Assessed improvement
$10
Land market value
$208,750
Improvement market value
$10
Total market value
$208,760
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
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Total area
17,882 SF
Lot
0.48 ac (20,875 SF)
Zoning code
SC
APN
07-45-24-C3-00064.0540
UPID
US18-2716910
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.
Building & site characteristics
From public records
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
Tjm 4720 Se 15th Ave LLC
Entity
Free & Clear · 4 yrs held
Mailing address
28921 CAVELL TER, NAPLES, FL 34119-0908
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2021
$2,600,000
Tjm 4720 Se 15th Ave LLC
4720 Se 15th Ave LLC
Special Warranty Deed
—
Oct 5, 2020
—
4720 Se 15th Ave LLC
—
Deed
related
$700,000 · American Natl Bk & Tr Co
Mar 2, 2017
$1,400,000
4720 Se 15th Ave LLC
Lags Mini Mall LLC
Warranty Deed
$700,000 · Lags Mini Mall LLC
Feb 14, 2008
—
Lags Mini Mall LLC
Lageschulte,david
Grant Deed
related
—
Jan 31, 2008
$1,200,000
David Lageschulte
Haywood,stephen W
Warranty Deed
—
Jul 31, 2007
—
Stephen W Haywood
Boca Bay Builders INC
Quit Claim Deed
—
May 4, 1999
$1,200,000
David Lageschulte
Lowell,harry M
Grant Deed
$1,100,000 · Seller
—
—
David L Lageschulte
—
Deed Of Trust
related
$2,809,917 · Florida Community Bank
—
—
Lags Mini Mall LLC
—
Deed Of Trust
related
$4,600,000 · Florida Community Bank
—
—
Lags Mini Mall LLC
—
Deed Of Trust
related
$1,238,256 · Florida Cmnty Bk
—
—
Lags Mini Mall LLC
—
Loan Modification
related
$1,293,002 · Florida Community Bank
—
—
4720 Se 15th Ave LLC
—
Deed Of Trust
related
$700,000 · American Natl Bk & Tr 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.
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