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Property profile & analytics
OFF-MARKET
Flex space
540 1st Ave Labelle, FL 33935-4719
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-6324044
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,025 SF
Lot
0.75 ac (32,670 SF)
Zoning code
LB-B-2
APN
2 29 43 02 700 0001-004.0
UPID
US18-6324044
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
-
The Dance Company Theater & Performing Art Venue Training Center
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
Falcon Eyrie Farms LLC · 4 yrs held
Falcon Eyrie Farms LLC
since 2022
6 recorded transactions
Zoning & alternative use
LB-B-2 · Labelle, 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 Labelle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Labelle 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
$9,466
Tax year 2023
Assessed value
$393,970
Assessed 2023
Previous assessed
$540,555
-27.1% YoY
Effective rate
2.40%
On assessed value
Assessed land
$117,751
Assessed improvement
$276,219
Land market value
$117,751
Improvement market value
$276,219
Total market value
$393,970
Applied tax rate
10.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
NONE
Stories
1
Total area
5,025 SF
Lot
0.75 ac (32,670 SF)
Zoning code
LB-B-2
APN
2 29 43 02 700 0001-004.0
UPID
US18-6324044
Jurisdiction
HENDRY
Zoning & alternative use
LB-B-2 · Labelle, FLZoning LB-B-2 · permitted uses
LB-B-2 · Labelle, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Falcon Eyrie Farms LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 1710, LABELLE, FL 33975-1710
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2022
—
Falcon Eyrie Farms LLC
Double D Leasing LLC
Correction Deed
related
—
Jun 20, 2022
—
Labelle Brewing Company LLC
Daniel M Peregrin
Warranty Deed
—
May 8, 2013
$265,000
Wash Tub Laundromat LLC
Double D Leasing LLC
Warranty Deed
$165,000 · Double D Leasing LLC
Apr 8, 2013
$960,000
Double D Leasing LLC
Fifth Third Bk
Grant Deed
—
Sep 5, 2012
—
Fifth Third Bk
Washbowl Of Ft Myers INC Coc
Trustees Deed
related
—
—
—
Washbowl Of Fort Myers INC
—
Deed Of Trust
related
—
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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