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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Industrial properties
551 Westgate Blvd Lehigh Acres, FL 33971-6315
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3823612
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2006
Construction
STEEL FRAME
Total area
18,602 SF
Lot
1.95 ac (84,831 SF)
Zoning code
IL
APN
30-44-26-01-00010.0080
UPID
US18-3823612
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 Hassle Free Group LLC Financial Advisor
-
Best Wheels of Fort Myers (Bike/Boat/Book/etc) Store Auto Parts Store
-
OZ Cycles and Watercrafts Auto Repair Shop Motorcycle Shop
-
Industrial Repair Inc Big Box & Wholesale Store Building Supply
-
Ministerio | Jesús Rey de Reyes Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$1.72M
Owner & transaction history
Lee Equity Group 3 LLC · 4 yrs held
Lee Equity Group 3 LLC
since 2021
Last sale
$1.7M
5 recorded transactions
Zoning & alternative use
IL · Lehigh Acres, 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 Lehigh Acres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lehigh Acres 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
$1,665,000
ML approach
$2,035,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±10% · vs last sale $1.70M (Nov 16 2021)
Last sale anchor
$1.70M
Nov 16 2021
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
$92 / 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
$20,281
Tax year 2023
Assessed value
$1,796,063
Assessed 2023
Previous assessed
$1,182,407
+51.9% YoY
Effective rate
1.13%
On assessed value
Assessed land
$354,933
Assessed improvement
$1,441,130
Land market value
$354,933
Improvement market value
$1,441,130
Total market value
$1,796,063
Applied tax rate
48.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
12
Total area
18,602 SF
Lot
1.95 ac (84,831 SF)
Zoning code
IL
APN
30-44-26-01-00010.0080
UPID
US18-3823612
Jurisdiction
LEE
Zoning & alternative use
IL · Lehigh Acres, FL
Zoning IL · permitted uses
IL · Lehigh Acres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lehigh Acres. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
12
Lot
1.95 ac
Current owner
From public records · entity-resolved
Lee Equity Group 3 LLC
Entity
Mailing address
15611 OLD WEDGEWOOD CT, FORT MYERS, FL 33908-7210
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2021
$1,700,000
Lee Equity Group 3 LLC
Garton Enterprises INC
Warranty Deed
$1,275,000 · Finemark National Bank & Trust
Mar 30, 2004
$318,000
Garton Enterprises INC
Zeiger,steven R
Grant Deed
—
Apr 27, 2000
$312,000
Steven R Zeiger
Yen,li H
Grant Deed
—
—
—
Garton Ents INC
—
Deed Of Trust
related
$720,000 · Edison National Bank
—
—
Garton Ents INC
—
Deed Of Trust
related
$1,000,000 · Edison National 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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