Technical
Financial
Distress signals
Property profile

516 Joel Blvd Lehigh Acres, FL 33936

OFF-MARKET
Strip malls
Property ID
US18-4328130
4,650 SF 0.81 ac lot Built 1965
Trust Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,650 SF
Lot 0.81 ac (35,501 SF)
Zoning code C-2
APN 26-44-27-13-00050.0030
UPID US18-4328130

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
  • Bakery Specialty Food Shop
  • Furniture & Home Goods Home Decor Store
  • Big Box & Wholesale Store Food Market
  • Custom T-Shirt Store
  • Clothing & Fashion Store

Location

516 Joel Blvd Lehigh Acres, FL 33936-4404
Lehigh Acres metro Census 40207 CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$790k

Owner & transaction history

since 2020
Last sale
$650,000
7 recorded transactions
2022
Price N/A
2020
$650,000
2005
Price N/A
2004
$845,000
2001
Price N/A
2000
Price N/A
2000
$310,000

Zoning & alternative use

C-2 · Lehigh Acres, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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