Entity Owned Property summary
AI-generated overview
The property is a retail space located on the west side of US 41 in Fort Myers, adjacent to Chuck E. Cheese. It is situated along a major commercial corridor and provides frontage on US 41. The site includes on-site parking for customers and staff. The retail building contains approximately 9,600 square feet of space, and the location is in proximity to Downtown Fort Myers, major residential developments, and health institutions.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1979
Construction
CONCRETE
Total area
35,960 SF
Lot
3.27 ac (142,355 SF)
Zoning code
CI
APN
02-45-24-P3-00065.0020
UPID
US18-3717504
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
-
Restaurant Buffet
-
Restaurant Take-out & Catering
-
Restaurant Buffet
-
Carpet & Flooring Store Hardware & Home Improvement
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.22M
Blend (final)
Blend
$4.36M
Owner & transaction history
since 2022
Last sale
$6.2M
4 recorded transactions
Zoning & alternative use
CI · Fort Myers, FL
Zoning description
It is the express intent of CI District to provide areas for more intense commercial development and commerce while maintaining an attractive community.
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.36M
Value range
$3.92M – $4.80M
±10% around blend
Estimated value / SF
$121 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$3.92M
blend $4.36M
$4.80M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
35,960 SF
Lot area
3.27 ac
Year built
1979
Stories
1
APN
02-45-24-P3-00065.0020
Zoning
CI
Assessed value
$5,173,614
Annual tax
$97,487
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$5.22M
Range $5.22M – $13.93M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.36M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 55 sales
$236
-49%
County 133 sales
$342
-65%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $121/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.15M
Move the market yield to see immediate price impact.
Value / SF
$171
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$387k
$7.75M
$5.53M
$4.31M
$431k
$8.61M
$6.15M
$4.78M
$474k
$9.47M
$6.76M
$5.26M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$97,487
Tax year 2023
Assessed value
$5,173,614
Assessed 2023
Previous assessed
$4,483,219
+15.4% YoY
Effective rate
1.88%
On assessed value
Assessed land
$2,441,388
Assessed improvement
$2,732,226
Land market value
$2,441,388
Improvement market value
$2,732,226
Total market value
$5,173,614
Applied tax rate
263.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
CONCRETE
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
35,960 SF
Lot
3.27 ac (142,355 SF)
Zoning code
CI
APN
02-45-24-P3-00065.0020
UPID
US18-3717504
Jurisdiction
LEE
Zoning & alternative use
CI · Fort Myers, FLZoning CI · permitted uses
CI · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
It is the express intent of CI District to provide areas for more intense commercial development and commerce while maintaining an attractive community.
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3.27 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CI
COMMERCIAL
Jurisdiction
Fort Myers, FL
Recorded code
CI
Official district
CI
Official district profile
What the municipal code says about CI
Zoning description
It is the express intent of CI District to provide areas for more intense commercial development and commerce while maintaining an attractive community.
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CI in Fort Myers, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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