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Property profile & analytics
FOR SALE
Research & development properties
5596 Flamingo Dr Saint James City, FL 33956
Trust Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4473216
For Sale
1 / 6
$1,500,000
5596 Flamingo Dr, Saint James City, FL 33956
View Listing →
Property profile
Verified
Property type
Research & development properties
Use group
WASTE DISPOSAL, SEWAGE
Lot
27.41 ac (1,193,980 SF)
Zoning code
AG-2
APN
09-45-22-00-00002.0610
UPID
US18-4473216
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
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
Hill,steven R Living Trust · 13 yrs held
Hill,steven R Living Trust
since 2013
6 recorded transactions
Zoning & alternative use
AG-2 · Saint James City, 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 Saint James City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint James City 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
$407
Tax year 2023
Assessed value
$27,410
Assessed 2023
Previous assessed
$27,410
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$27,410
Land market value
$27,410
Total market value
$27,410
Applied tax rate
7.0000
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
Research & development properties
Use group
WASTE DISPOSAL, SEWAGE
Status
For Sale
Heating
NONE
Lot
27.41 ac (1,193,980 SF)
Zoning code
AG-2
APN
09-45-22-00-00002.0610
UPID
US18-4473216
Jurisdiction
LEE
Zoning & alternative use
AG-2 · Saint James City, FLZoning AG-2 · permitted uses
AG-2 · Saint James City, 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
Heating
NONE
Lot
27.41 ac
Current owner
From public records · entity-resolved
Hill,steven R Living Trust
Trust
Free & Clear · 13 yrs held
Mailing address
5004 LOCKE LN, LEHIGH ACRES, FL 33973-6201
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Jun 5, 2013
—
Hill,steven R Living Trust
Hill,steven R
Quit Claim Deed
related
—
Nov 26, 2007
—
Steven R Hill
Foreigner INC
Quit Claim Deed
related
—
Sep 20, 2007
—
Azucena E Lopez
Hill,steven R
Quit Claim Deed
related
—
Dec 6, 2006
$37,000
Steven R Hill
Lopez,azucena E
Quit Claim Deed
related
—
Nov 29, 2006
$20,100
Phoenix Clams & Bags INC
Foreigner INC
Quit Claim Deed
related
—
Jan 11, 2005
—
Azucena E Lopez
Delorenzi,raoul
Quit Claim Deed
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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