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Property profile & analytics
FOR SALE
Theaters & concert halls
4725 Vincennes Blvd Cape Coral, FL 33904
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-3402342
For Sale
1 / 41
Contact for pricing
4725 Vincennes Blvd, Cape Coral, FL 33904
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Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,828 SF
Lot
0.47 ac (20,642 SF)
Zoning code
SC
APN
07-45-24-C4-00064.0580
UPID
US18-3402342
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
-
Cape Cabaret Music Venue Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Notes Drive LLC · 10 yrs held
Notes Drive LLC
since 2015
7 recorded transactions
Zoning & alternative use
SC · Cape Coral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
South Cape (SC). This district is to promote redevelopment and enhancement of the traditional commercial center of Cape Coral into a more compact and walkable form growth and to create a destination for residents and visitors. This district encourages mixed-use development. Existing commercial and professional buildings will be supplemented with entertainmen…
Zone name
South Cape Downtown District
General category
COMMERCIAL
Zone area
207.04 ac
Source
code of ordinances
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$17,682
Tax year 2023
Assessed value
$1,066,362
Assessed 2023
Previous assessed
$802,947
+32.8% YoY
Effective rate
1.66%
On assessed value
Assessed land
$206,415
Assessed improvement
$859,947
Land market value
$206,415
Improvement market value
$859,947
Total market value
$1,066,362
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
For Sale
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
14,828 SF
Lot
0.47 ac (20,642 SF)
Zoning code
SC
APN
07-45-24-C4-00064.0580
UPID
US18-3402342
Jurisdiction
LEE
Zoning & alternative use
SC · Cape Coral, FLZoning 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
Zoning description
South Cape (SC). This district is to promote redevelopment and enhancement of the traditional commercial center of Cape Coral into a more compact and walkable form growth and to create a destination for residents and visitors. This district encourages mixed-use development. Existing commercial and professional buildings will be supplemented with entertainment activities and a wide diversity of housing types to create a vibrant work, live, shop, and play district that serves the entire city and region. It is intended that the South Cape regulations act as a stimulus to development through provisions that permit a flexible approach to infill development on various lot sizes, as well as special provisions related to particular locations within the district. Therefore, many of the provisions contained herein, including uses and dimensional regulations, are regulated by lot size, or the extent of roadway frontage or a combination thereof. 7.
Zone name
South Cape Downtown District
General category
COMMERCIAL
Zone area
207.04 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Notes Drive LLC
Entity
Mailing address
835 S TOWN AND RIV DR, FORT MYERS, FL 33919-6114
Ownership since
2015
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
Dec 8, 2015
$700,000
Notes Drive LLC
Cape Coral Italian American Cl
Warranty Deed
—
Aug 21, 2009
—
Cape Coral Italian American Cl
—
Trustees Deed
related
—
—
—
Cape Coral Italian American Of Le
—
Deed Of Trust
related
$190,000 · First Community Bank Sw Fl
—
—
Cape Coral Italian American Cl
—
Deed Of Trust
related
$325,000 · Notes Properties LLC
—
—
Notes Drive LLC
—
Deed Of Trust
related
$420,000 · First Fl Integrity Bk
—
—
Cape Coral Italian American Cl
—
Deed Of Trust
related
$250,000 · Encore National Bank
—
—
Cape Coral Italian American Cl
—
Deed Of Trust
related
$26,898 · Cape Coral National Bank
—
—
Cape Coral Italian American Cl
—
Deed Of Trust
related
$30,000 · Columbus Group LLC
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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