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Property profile & analytics
OFF-MARKET
Estimated value
$2,825,000
Retail space
4950 Challenger Blvd Fort Myers, FL 33966
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-7590863
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,194 SF
Lot
2.11 ac (91,912 SF)
Zoning code
CG
APN
33-44-25-P3-00065.0010
UPID
US18-7590863
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
-
Goodwill Industires of Southwest Florida - Challenger Goodwill Charitable Organization Social Service Agency
-
Goodwill Challenger Retail & Donation Center Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.88M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.83M
Owner & transaction history
Jdbb Holdings LLC · 8 yrs held
Jdbb Holdings LLC
since 2018
7 recorded transactions
Zoning & alternative use
CG · Fort Myers, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,195,000
6.5%
$3,875,000
7%
$3,595,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,540,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$2.83M
Range $2.54M – $3.11M · ±10%
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
$147 / 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
$66,422
Tax year 2023
Assessed value
$3,975,754
Assessed 2023
Previous assessed
$5,542,227
-28.3% YoY
Effective rate
1.67%
On assessed value
Assessed land
$1,995,033
Assessed improvement
$1,980,721
Land market value
$1,995,033
Improvement market value
$1,980,721
Total market value
$3,975,754
Applied tax rate
90.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
19,194 SF
Lot
2.11 ac (91,912 SF)
Zoning code
CG
APN
33-44-25-P3-00065.0010
UPID
US18-7590863
Jurisdiction
LEE
Zoning & alternative use
CG · Fort Myers, FL
Zoning CG · permitted uses
CG · 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
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER
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
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.11 ac
Current owner
From public records · entity-resolved
Jdbb Holdings LLC
Entity
Mailing address
3612 TORREY PNES BLVD, SARASOTA, FL 34238-2827
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2018
$6,076,923
Jdbb Holdings LLC
Challenger Lot LLC
Warranty Deed
$2,688,000 · Cadence Bank NA
Mar 27, 2017
—
Challenger Lot LLC
—
Deed
related
$3,035,000 · Synovus Bk
Dec 10, 2013
$500,000
Challenger Lot LLC
Challenger Six Investment LLC
Warranty Deed
—
Dec 20, 2005
$1,194,900
Challenger Six Investment LLC
John Ankenbrandt
Warranty Deed
$776,648 · Colonial Bank NA
Dec 19, 2005
$205,100
John Ankenbrandt
Emslie,timothy K
Warranty Deed
—
Dec 19, 2005
$343,300
John Ankenbrandt
Roundy,robert L
Warranty Deed
—
—
—
Challenger Six Investment LLC
—
Deed Of Trust
related
$282,750 · Florida Shores Bank
—
—
Challenger Six Investment LLC
—
Deed Of Trust
related
$864,000 · Busey Bank
—
—
Challenger Lot LLC
—
Deed Of Trust
related
$3,035,000 · Synovus Bk
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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