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Property profile & analytics
OFF-MARKET
Warehouses
503 2nd St Cape Coral, FL 33991-1959
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-4974931
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,465 SF
Lot
0.24 ac (10,634 SF)
Zoning code
CORR
APN
14-44-23-C1-01944.C010
UPID
US18-4974931
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
-
CounterStrike Security & Sound Electronics & Wireless Store Security Service
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
Jcss 2015 LLC · 11 yrs held
Jcss 2015 LLC
since 2015
7 recorded transactions
Zoning & alternative use
CORR · 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
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
$8,360
Tax year 2023
Assessed value
$599,792
Assessed 2023
Previous assessed
$381,816
+57.1% YoY
Effective rate
1.39%
On assessed value
Assessed land
$75,472
Assessed improvement
$524,320
Land market value
$75,472
Improvement market value
$524,320
Total market value
$599,792
Applied tax rate
57.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
2
Total area
3,465 SF
Lot
0.24 ac (10,634 SF)
Zoning code
CORR
APN
14-44-23-C1-01944.C010
UPID
US18-4974931
Jurisdiction
LEE
Zoning & alternative use
CORR · Cape Coral, FL
Zoning CORR · permitted uses
CORR · 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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Jcss 2015 LLC
Entity
Mailing address
503 SW 2ND ST, CAPE CORAL, FL 33991-1959
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2019
—
Jcss 2015 LLC
—
Deed
related
$475,000 · First Horizon Bank
May 26, 2015
$565,000
Jcss 2015 LLC
Bolebruch,michael & Christine
Warranty Deed
$505,000 · F Michael & Christine Bolebruch
Mar 18, 2014
$226,600
Michael Bolebruch
Iberiabank
Grant Deed
—
Feb 27, 2014
$40,100
Iberiabank
Mcr Builders INC Coc
Trustees Deed
—
Oct 3, 2006
—
Mcr Builders INC
Newborn,ron
Quit Claim Deed
related
—
Apr 27, 2006
—
Mcr Builders INC
—
Trustees Deed
related
$368,650 · Florida Gulf Bank
Aug 6, 2004
—
Ron Newborn
Kast,richard F
Quit Claim Deed
related
—
Jul 8, 2004
$128,300
Sunbelt Sales & Dev Corp
Aguiluz,jose & Maria C
Warranty Deed
—
Jul 8, 2004
$153,000
Richard Kast
Sunbelt Sales & Dev Corp
Warranty Deed
$74,000 · Southtrust Bank NA
Feb 18, 2002
$75,000
Jose Aguiluz
Neves,patricia G
Grant Deed
$45,000 · Patricia G Neves
Jul 16, 1999
$15,000
Patricia G Neves
Teague,stan
Grant Deed
—
Jun 17, 1998
$4,500
Stan Teague
Elmore,william H & Reba R
Grant Deed
—
—
—
Mcr Builders INC
—
Deed Of Trust
related
$300,316 · Florida Gulf Bank
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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